Bullish 5-0 pattern on the weekly formed, looking to ride this to previous weekly highs. we also have a abcd pattern that completed the 5-0 pattern.
EJ setting up for a bat pattern, good swing opportunity
EG is heading strong resistance with bearish gartley forming
Bullish cypher pattern forming we also have 06/05 open as a potential support zone
looking for a bounce on top of the channel, risk is above the channel target is trendline
Market seems to be heading towards weekly zone where we have a fib channel and fib extension confluence. good for a swing opportunity with low risk.
possible bounce off channel, with target at the 61.8 retracement, if it breaks I'll be looking for support for a buy opportunity
Audusd, sell
Bullish cypher pattern possibly forming right on a strong level.
5-0 set up at support zone. Targets at previous highs
Market is expect to reach previous lows, and complete the 5th wave of the elliot wave, For now only sells are smart until prices reach the low.
Usdjpy seems to be respecting the trendline, we also have a cyhper pattern.
one more wave to the top of the channel, look for sells, if market breaks resistance it's no good.
Looking bullish now to start the 5 wave, with targets at or near cypher pattern area.
AU is being rejected nicely by resistance zone, with a potential gartley pattern that may for within the next days
Looking to sell, swing trade with 2 possible targets.
If daily trendline holds, we could see this go up long term. FOMC may cause it to be invalid and break daily trendline support, personally I'd get in when wave 4 is complete and ride wave 5.
bearish gartley setting up, based on my analysis on the eur pairs, we're looking for one more move up.