Wave pattern on the H4 chart:
The main trend of the franc major pair is given by the rising wave since the beginning of the year. The scale of which is close to the daily one. The wave sections formed the first 2 parts (A-B) on the H4 chart.
Wave pattern on the H1 chart:
On September 21, an ascending section started and will eventually move to a larger scale of movement. In the D1 model, the final part (C) began which explains the pronounced impulsive nature of the movement.
Wave pattern on the M15 chart:
On November 7, a new ascending wave zigzag started. The price rolls back down on the past two days, forming an intermediate correction. After its completion, the recovery will continue. 
Recommended trading strategy:
Due to the small size of the expected decline in sales, the pair is not recommended. A new round of price growth is expected in the coming weeks. It is worth paying attention to the signal purchase tool.
Resistance zones:
- 1.0250 / 1.0300
Support areas:
- 1.0020 / 0.9970
Explanations to the figures:
The simplified wave analysis uses waves consisting of 3 parts (A – B – C). For the analysis, three main TFs are used. On every last part, the incomplete wave is analyzed. Zones show calculated areas with the highest probability of reversal.
The arrows indicate the wave marking by the method used by the author. The solid background shows the formed structure while the dotted shows the expected movement.
Note: The wave algorithm does not take into account the duration of tool movements over time. To conduct a trade transaction, you need confirmation signals from the trading systems you use!
The material has been provided by InstaForex Company -
www.instaforex.com