Introducing:CHF/PLN Elliott Wave Count

For the beginning this is a chart with all available data I have – back to 1984 ( quartely candles;courtesy of stooq.pl):

 As You can see this is pure impulsive wave in progress and after wave 2 bottom nice impulsive candles were developing. On Weekly chart the downside correction in wave 2 looks like this:

 Next part of the chart is wave 3 unfolding into nice
1-2,1-2,(1)-(2),(i)-(ii) pattern that has not been finished just yet:
CHF/PLN is currently in wave 4 of impulsive advance and only breaking
3.17 level invalidated the count.

About the author

Sebastian Seliga

Aktywny trader, analityk, ekspert metod inwestycyjnych bazujących na teorii fal Elliott'a, geometrii Fibonacciego i nie tylko.

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