4 hour EURUSD:
The daily bottom (green) might provide a support level which pushes price up for wave 4 (orange).
60 min EURUSD:
Price could be in a wave 5 (magenta) of wave 5 (blue) of wave 3 (orange).
GBPUSD
4 hour GBPUSD:
A 5-wave structure seems to be complete, which means
...4 hour EURUSD:
Price has reached the minimum wave 3 (orange) target (100%) – although usually wave 3’s tend to get lower such as the 161.8% Fibonacci target (green).
60 min EURUSD:
The breakout (red arrow) below support (magenta) might take the EURUSD down to the bigger bo
...4 hour EURUSD:
Price has reached the minimum wave 3 (orange) target (100%) – although usually wave 3’s tend to get lower such as the 161.8% Fibonacci target (green).
60 min EURUSD:
The break out of the downtrend channel (orange) could be short lived as price faces Fibonacc
...4 hour EURUSD:
Price has reached the minimum wave 3 (orange) target (100%) – although usually wave 3’s tend to get lower such as the 161.8% Fibonacci target (green).
60 min EURUSD:
Yesterday price managed to break the bear flag (blue lines) to the downside. If price does
...4 hour EURUSD:
Price has reached the minimum wave 3 (orange) target (100%) – although usually wave 3’s tend to get lower.
60 min EURUSD:
The weekly support (green) is near 1.31 but it seems like waves 5 (magenta and blue) are near completion.
GBPUSD
4 hour GBPUSD:
A 5-wave s
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