sanv-TPD

sanv-TPD

This analysis tell that Aussie dollar is still bearish. This large triple correction is a combination of zigzag and flat patterns. The end pattern wave C is forming an ending diagonal or wedge pattern which might be consider the last correction of this pattern.

sanv-TPD

The AUD has got support at the fib ratio of 0.618. After its huge correction, the market is seeming to me as bullish scenario now. If it breaks below the channel, next correction of double patterns will surely happen.

sanv-TPD

After AB wave, the next wave is about to form wave C which is in progress. The pattern at the end may finish with an impulse wave or an ending diagonal wave. If you go through a larger time frame, you might see a double top pattern with a divergence on MACD. Let see how it goes. It is just my assumption.

sanv-TPD

Wave (ii) has completed where wave c has formed an ending diagonal. This is the confirmation for the next reversal.

sanv-TPD

After the huge correction, AUDCHF has finally found its support. ABC pattern has completed with an ending diagonal from where the currency pair can reverse or bounce back to its previous highs.

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The price is heading to a correction along with ABC. After a completion of a wave a, the price is forming a triangle pattern ending with wave b.

sanv-TPD

It seems very clear that the currency pair NZCAD is very bullish. The long hammer candle pattern along with the volume indicates that it has to set up for the long buy. The next likely target is the resistance level which is around 0.82. The price has just supported above the 30ma.

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💎The price has come to a confluence of a trend line with the fib ratio of 0.618. The only wait is for some kind of bullish candle. 💎 The downward trend is the correction of a larger degree of wave 1. wave 2 could go further down. 🚩30ma has act as a downward trendline showing a bearish scenario if the price breaks the trendline.

sanv-TPD

The price has already broken the channel which indicates the wave 3 pattern. The price has come to a correction. MACD and RSI is also negative. The next step is to try to catch the wave 5.

sanv-TPD

There is a formation of 5th wave which might end as an ending diagonal or an impulse pattern. It seems to me as a bullish market with corrections coming ahead.

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Reversal candlestick HAMMER has formed at the bottom support. At the same time, the price has completed its impulse wave 5 which got double bottom pattern at main support zone. In the bigger timeframe, the price has retraced to the fib ratio of 61.8%. we can predict that the market will soon start wave 3.

sanv-TPD

This pair is still bullish. We can see minor correction in the form of wave 4 of a smaller correction of a larger degree wave 3. The wave 2 has a complex correction where wave 4 will be a simple correction according to EWR.

sanv-TPD

My prediction for this currency pattern is that it completed its impulsive move of 5 waves. The next leg would be a correction of a entire impulse wave ABC. The wave 1 is shorter and wave 4 is complex in correction where wave 5 is extended than wave 1.

sanv-TPD

Wave (ii) has formed a triple combination pattern with a triangle at the end and has retraced to a fib ratio of 61.8% which acts as one of the confirmation for wave (ii).

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ABC with a flat pattern where wave c would end up with a triangle pattern. Wave (D) is running up to break the trendline, its resistance zone. If it bounce back from the upper trendline, it is most likely to continue for wave (E).

sanv-TPD

Wave i could be the extended wave where wave (ii) is forming a complex correction. The next target is likely to be the length of wave (i).

sanv-TPD

A very nice double correction with a flat pattern on top and zigzag at the bottom intersected by X wave. The next target is likely to be the previous high of (b) wave from where wave (C) has fully retraced wave (b).

sanv-TPD

The price has formed a double correction pattern with zigzag the first and flat the second along its adjacent waves. The c wave has to retrace all the wave of b in a flat pattern. The next likely target would be 100% to 138%.