CAD/CHF broke resistance levels - 0…
EUR/USD: ending diagonal pattern
It seems like wave (E) of [B] is about to end, which means a bullish impulse in wave C of (E) is going to finish soon. If we have a pullback from 7/8 MM Level, there'll be an opportunity to have a downward price movement towards 6/8 MM Level.
There's a possible ending diagonal pattern in wave [v] of C. Wave (v) of [v] is likely going to be continued, so we could have a new local high in the short term.
As we can see on the one-hour chart, wave (v) of [v] is taking the form of a zigzag. So, we're likely going to have another bullish impulse in wave c of (v). The main intraday target is +1/8 MM Level.
EUR/CHF rising inside impulse waves 5 and (3) Next buy target - 1…
The middle of the last black candle has acted as resistance, so we've got a "Shooting Star" pattern. However, we could have...
We've got a pullback from 7/8 MM Level on the one hour chart, so wave [v] of C may have been formed. The price is declining in wave (iii) of [i].
The 34 MA has acted as support, so the price is consolidating. Meanwhile, the pair is likely going to test the closest resistance.
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.