X levels to watch for resistance.
USX gave in. Breakout South. Levels to watch.
Some Fib levels to watch for short entry
Short entry after Butterfly targets (min & max) 161 Butterfly brings min entry lower 61.8 fib of whole pattern alt. 127 ext for max. target.
Hidden 5th FIB expansion resistance and Weekly R1 @ 1,3755-63.
Possible MACD Bear cross att resistance
Wash & Rinse of low. Possible key reversal by horizontal and diagonal resistance. Watch close by 11CET of H4 candle.
Bottom of Rising Edge drawn from lowest pin on 2nd bottom. Make or break?
$ Index at critical level at bottom of rising wedge formation!
H4 Pinbar on weekly PP / Rising wedge still in play.
Major resistance area 1.34-35. A break of the bottom of the rising wedge will bring it right into this turbulence zone. A range until after the holidays when volumes come back?
Eyeing a H4 break and close above rising wedge for bullish perspectives.
An opportunity to place stops below the weekly PP and 50% fib, targeting 1,3685
Weekly AUDJPY looks solidly bullish with a current congestion supported by the 23,6 fib (Fib levels extended from initial upward swing)
The S/R level 93,50 also has a gap that could work as extra resistance for longs. Risk is that the completion of patterns will wipe that out. Good R/R however. Notice potential 3 Drive pattern.
US dollar index on the verge of closing gap from Sep 16 with a bullish breakout.