DXY might create head and shoulder in the long term. short term target is 104.2. if its create inverted head and shoulder, it might reach 106 -107
GBPUSD still moving in a flag, NFP and FOMC cant break this flag. so it bearish. The bearish yellow trend line still hold. down target is 1.256xx and then 1.250xx. the trigger maybe BOE rate decision.
EURUSD still cant break to the upside from the falling wedge, we might see it reach 1.075xx - 1.072xx before retrace to the upside
EURUSD looks like a diamond pattern in H4, it might lead a bearish flag later (or not)
GBPUSD still cant decide where to go. i switch side to bull again what i see so far, ALT1 (Bull): - D1 candle still have a wide gap. Gap should be filled. - H4 still moving in a bull flag and price always hovering on top of channel - if next week price still hovering on top of the upper channel, create bull flag or triangle, the target could be around 1.285xx -...
- DXY still have a gap on D1 - Price closed still under D1 trend line - H4 create diamond pattern - if going down, the target is the gap. 102.6xx
weak bull cant take control. looks like GBPUSD still aiming for bottom flag.
im waiting for the flag to happen for next couple of days. if its happen, the target should be around 1.285xx
after Rising Wedge and Diamond failed, GBPUSD h4 creating a bull flag. my plan for next week is : 1. Scalp the bear and swing the bull if couple of days goes sideway down, create small flag scalp the bear. then swing for the bull 2. Swing the bear and the bull if its goes down fast, it will look for lower low then goes to upper channel of the flag
less likely GBPUSD will hit 1.2500, maybe if its go down, it will just go around 1.255x 1.254x then bull market will begin.
looks like GBPUSD having Diamond pattern. the target still around 1.2500
GBPUSD look like a reversal rising wedge, target around 1.2500
maybe, just maybe it's an ABCD pattern. usually the length of AB = the length of CD. the target price is the same with rising wedge pattern, around 1.2500
it looks like EURJPY having a wedge. the target should be 163.00
will be sideway down till 1.2180 if it stay above bottom line, it will be bullish till 1.2500 if it break and stay under bottom line, the target would be 1.1850
if it drop slow, it will hit bottom trendline and create bigger flag, the. target would be 1.03800 if it drop fast, the target would be 1.03500
if it goes sideway, it could be down to 128.70 under last low. goes sideway, create correction wave then add more short till 127.00
AUDUSD waiting for pullback before continue to 0.73. wait for flag or triangle or another correction pattern before adding more long. probably next week, will reach 0.73