Algo is in a bullish mode with 2days RTI crossover. Will it sustain the bullish with correction in due?
My view is there is a lot of fuel left in the tank to sustain. Weekly chart looks good enough for optimism.
One of the least move of alt coins with HNS forming. In the next few days, significant movement is expected with RTI indicator in bullish crossover soon.
Cadjpy on a higher TF has completed a M pattern. A retest of the neck is in motion with a sl just above the Red Box.
With purely Price action and indicators, yen pairs are bearish.
Purely looking at Price Action with indicators as support. Gold , reasonably is in bearish mode. Gold could have completed the Elliot 5 wave bullish structure at 2100+.
Using Smart Money Flow from Lux Algo Free tool, we can see the internal structure is broken and a retest is taking place. Target is as shown.
Let's see if it works out that way.