Okay lets try this again. The red bullish pattern is invalid so price should hold below the previous high @ 102.00. When a bullish pattern is invalid it will usually fail to create a new high and it will fractal becoming a left wing on a larger bullish pattern so I am still bearish here with this price structure.
The red bearish pattern is invalid so I anticipate it to fractal and become a left wing on a larger bearish pattern and reach my upside target area. I am trading into the daily idea I posted earlier (attached as related idea).
The bearish pattern is valid so I anticipate it to make a new low reaching my downside target area.
Looks like a larger correction is likely to happen. The red bearish pattern is invalid so it shouldn't create a new low (below 99.10). The blue bearish pattern is valid so I anticipate it to create a new low (below 100.75) into my downside target area. I am still bullish on the higher time frame. (see related idea)
The bullish pattern is valid here as well so I anticipate it to create a new high.
The bullish pattern is valid so I anticipate it to create a new high.
We have a valid bearish pattern so I am anticipating it to create a new low reaching my downside target area.
I am bullish here on the 4H trading into the weekly wave (related idea). The blue bullish pattern is valid so I anticipate it to create a new high.
The black bearish pattern is invalid so price should fail to create a new low so I am anticipating it to fractal and become a left wing on a larger bearish pattern. I am very bullish on this pair I think the 4H chart is the dominant pattern (attached as related idea) but this 15m pattern calls for a target in the target area I am anticipating here.
Looks like the CADJPY is pulling back some. If price closes below the B level (100.88) then the correction could be larger than I am anticipating. I still believe price will not make a new 4H low below 99.15 because the red bearish pattern in my related idea is invalid. Ultimately I am still bullish on the 4H unless price breaks below 99.15.
The blue bullish pattern is valid so I anticipate it to create a new high in the target area.
The red bearish pattern is invalid so I anticipate it to fractal becoming a left wing on a larger bearish pattern . When a bearish pattern is invalid it will usually fail to create a new low (below .9048).
The blue bullish pattern is valid so I anticipate it to make a new high into the target area.
You can see how I am anticipating price to fractal in multiple ways here on the 4H chart. I don't know how price will fractal but as it approaches certain levels I am watching for a possible pull back and for price to fractal again. Either way I am bullish on this pair to the upside target area.
The 15m idea I just published (related idea) is a high risk idea because I missed the larger picture here. Its possible both ideas play out but the 4H appears to be a reciprocal pattern setting up and it is a higher probability set up. Also the red bearish pattern is invalid so I anticipate it to fractal becoming a left wing on a larger bearish pattern and it is...
I am bearish down to the target area on the 15M chart. This could be a conservative target "if" price closes below B on the bullish pattern.
I am bearish on the 1H chart anticipating price to reach my downside target. The bearish pattern in play creates an AB=CD pattern (red lines) where I am using the 100 level expansion cutting off the previous swing low to generate my downside target area.
I am anticipating price to fractal where the red highlighted bearish pattern becomes a left wing on a larger bearish pattern. I am also looking at the hidden bearish as failed hidden (failing to create a new low).