chfjpy forms a symmetrical pattern. and the HH-HL form.
MY ANALYSIS, THE PRICE WILL BE UP TO THE TOP.
THE PRICE WILL BE UP TO TOP, THE SAME TARGET LIKE INCREASE ON THE RED LINE I MAKED BEFORE OR TAKE IN RESISTENCE
GbpAud forms a symmetrical pattern, the chart's decline forms a symmetrical pattern with the previous decline (blue trendline) with a fall in the 100% expansion fibo area. Possibly the price will go up just like the previous rise (red trendline) at 100% expansion fibo at 1.80284 price or reach the gap area
AUDUSD formed a triangle pattern on the weekly chart. We wait for the breakout up or down, it looks like audusd will be heading south. Considering audusd to form an elliot impulse wave and toward the five waves.
HALOO .. this time I will review market GbpUsd daily. Gbpusd this time tend to uptrend, if want to continue trend up its at least have to wait breakout resistance at 1.3047. New market will rise to the nearest resistance area at 1.3433. Even if the descend should wait for confirmation candle, in the first trendline the price is breakout down, then the price rises...