USDCHF: Elliott Wave Analysis and Forecast for 22.11.24 – 29.11.24

Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 0.9030 with a target of 0.8200 – 0.8000. A sell signal: the price holds below 0.9030. Stop Loss: above 0.9060, Take Profit: 0.8200 – 0.8000. Alternative scenario: Breakout and consolidation above the level of 0.9030 will allow the pair to continue rising to the levels of 0.9222 – 0.9438. A buy signal: once the level of 0.9030 is broken to the upside. Stop Loss: below 0.9000, Ta