USD/CHF Signal - November 27, 2012

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By: DailyForex.com

Currency: USD/CHF
Method: Elliott Waves
Description: Expanded triangle below resistance level in correction expected wave (B). Going within the expanded triangle, we can notice around %75 completed with minor wave d in progress as a larger Zigzag or more complex form might shape up. I do expect a pull back toward 0.93670 level or 0.5 Fibonacci where i am planning to short the pair as a Gamble trade expecting wave c of d targeting below 0.9200 level. Again lets keep an eye on this trade for today and for further analysis from my side towards today's gamble trade.
Recommendation: I will gamble this pair at or near 0.93670 by short the pair. Stay tuned
Stop Loss: N/A
Target: N/A

USD/CHF Signal - November 27, 2012

Fadi Steitie is an entrepreneur, investor and professional Forex trader who shares Forex signals based on his keen understanding of the market. Fadi is an expert in Elliott wav principles and Ichimoku Kinko Hyo, and he is a managing partner in one of the leading organizations in protective coating in the Gulf region.

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