Count 1
I prefer the count above the most, However I wouldn't be aggressive about it. Another ALT count would be that we are forming a diagonal from the low (on USD/CHF as well) with wave 1-2-3 complete, I don't like that count due to the larger pattern in perspective & due to the wave 2 that unfolded as a flat, A 'rule' of a diagonal triangle is that wave 2 & 4 must be zigzags, however experience has taught me that its better to keep my mind open
Count 2
I don't like this count as much as I like the previous one due to the
wave a impulse not adhering to some guidelines one would expect about
impulse waves and the internal structure is subject to debate, but it
pays to keep an open mind.
Count 3
The last chart posted above once again is one of my alternates
Above is my preferred count.
All the following charts support that the USD is setting stage for an exceptional rally soon.
Regards,
Ahmed Farghaly
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