Bigger Picture - Price is on a symmetrical triangle squeezing in to form higher lows and lower highs Looking in depth to analyze today's move price is forming an inner Symmetrical triangle after an impulsive move from the low. My current analysis based on price action is that price will make an impulsive buy move on a 15m chart to test last week's high!
NZDUSD Clean buy on a 15 minutes timeframe. Going to either break or retest Monthly high!
Expecting a breakout from the current small timeframe rising wedge to form an impulsive move downwards. Once the drop has been initiated price will consolidate around the major bottom trendline forming a bear flag before it can break out to retrace the entire rising rising channel. Price will most likely retrace 90% of the rising channel due to the 90% rule concept
Expecting dollar index to break out of the current continuation pattern on a one hour pattern. Price will should retrace the previous buy based on probability!
Expecting 90% rule to be covered. It has been a while since paid attention to this pair but going forward it is my go to when it comes to analysis and opening positions
Price current in a channel forming a bearish flag.
BTCUSD based on my price action analysis should drop to cover 90% rule retracement