I usually don't follow this pair but I am seeing a beautifull wave count on the EUR/CHF pair that I think will set up a nice trade for next week.
The pair started this wave count on 3/4/07. We are currently in a 4th wave correction and it looks to be starting a 5 wave C down to I believe around 1.6290-6300. That would make wave C= wave A of the correction and also falls at the .382 retracement of wave 3. Wave 2 retraced .618 of wave 1 so wave 4 tends to retrace .382 +-. Also if wave 4 ends at the projected 1.6290-6300 that will make waves 2 and 4 about equal. It's like magic the way this stuff falls together sometimes. Now we just have to wait and see if I am right.
