EURCHF: Is it the starting of Stormy 3rd wave ?

In this video detailed explanation of applying elliott wave principle has been discussed taking an example of current price structure of a currency pair EURO-SWISS. i.e. EURCHF .

One should go long in the region of 1.07000 - 1.70400 keeping a SL of 1.06618 for the target zone of above the wave 1 highs that is above 1.08710

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wave 2 already in place as we see an overlap of 1.08135 level