Next cycle will be completed around 23/01
See the cyclic line patterns. There are 2 major swings high on the way.
Bullish AUDUSD
On the monthly timeframe, there are approximately 90 bars intervals between swing lows and swing Highs. The last swing Low was on April 2016 and next Swing High will be around Jan 2019. If history is going to be repeated again, AUDUSD will be bullish the entire of 2018!
Bearish EURCAD Key features: 1. The downtrend intervals every 280 to 282 bars 2. The uptrend intervals every 198 and 205 bars. 3. Price divergence on weekly 4. The pair has retested the 0.25 Pitchwork 5. Next major swing low is on 14/03/2018
On 4 hours timeframe, the pair just tested the: 1. triangular 2. 14 and 21 EMA Having a red candle can be a good signal to go short. Next major Swing Low will be around 19/02 and 13/03. See the previous post for EURGBP. FX_IDC:EURGBP [* ]
following the 78 bars intervals for EURUSD, next swing low will be around 24/01/2018
Next Swing low sometime between 19/02 to 13/03 based on the cyclic time pattern.
Next Swing low around 12 Jan.
A good opportunity to go short
Watch for a return tomorrow.
The uptrend is more like based on the followings: 1. Monthly candle reversing off the pitchfork median. 2. Weekly candle bounced off the 14 and 21 EMA 3. Weekly candle bounced off the broken support 4. The next major Swing High is coming up first in June. It is repeating every 1874 bars! 5. Daily RSI bounced off the broken support too.
I will exit short around 12 Jan
Next swing high 27/12 and next swing low 24/01 uk.tradingview.com FX_IDC:EURUSD ???
Bullish for the first half of the year. Next major swing low based on cyclic time will be in June.