I think my previous bearish analysis was incorrect on the NZDJPY (its attached as the related bearish idea). The bullish pattern completed with hidden bullish in the right wing which indicates the trend is likely to continue higher. My target area is between the 1.27-161.8 Fib levels based off the larger bullish pattern in play. The larger bullish pattern has the...
I am bullish here on the 1H trading the AB=CD pattern. This could be a conservative target but the 100 level expansion using AB (cutting off the previous swing high) gives me the target area.
Trading a B extension here up to the target area. My target area is defined using the B extension trendline and Fib extensions.
I am bearish down to the completion area of the two bullish patterns that are in play. The large bullish pattern has a 61.8 B level while the second smaller B level is a deeper 88 level retracement. This means the smaller bullish pattern with a 88 B retracement should have a D completion that is below X and the larger bullish pattern with a 61.8 B retracement...
The 4H just created a large buy signal and I am trading into the weekly pattern. My upside target area could end up being conservative. If price closes below the 134.15 level before it breaks above 137.56 the signal has failed.
I am bearish on the 4H USDCHF down to the .9180 area. If price closes above .9380 the hidden bearish is no longer the dominant divergence.
I am bearish on this pair down to the .7200 area where I am watching for price to find support on the weekly trendline.
I am bullish to the 101.60 area on the CADJPY 4H. If price closes below 97.65 the hidden bullish is no longer the dominant divergence.
I am bearish on the DJIA Index down to the 31k area. If price closes above 35,830 the hidden bearish is no longer the dominant divergence.
Looking at an upside move to weekly resistance (Weekly R1) which is also 78.6 Fib retracement level. Purely Technical based off the Bullish Cypher currently at Completion. Support level is combination of Weekly diagonal trend line where area of confluence of the support trend line is currently holding price at this support level. A stop below this level is...