NZD/USD reversed from support zone Next buy target - 0…
GBP/USD: pound is returning to life
TP1 1.3520 TP2 1.3560 TP3 1.3615
On the daily chart, GBP/USD is pulling back towards 23.6%, 38.2% and 50% of the wave CD as the “Shark” is transforming into 5-0. Bulls are trying to return the pair inside the previous consolidation range of 1.3455-1.3615 and trigger “Shakeout-Fakeout” pattern.
On H1, GBP/USD reached the targets of “Three Indians” and 1-2-3. A break of resistance at 1.3420 will increase the risks of the formation of a “Crab” pattern. Its 161.8% target lies near 1.3560.
AUD/USD reversed from support area Next buy target - 0…
We had a 'Three Black Crows'. So, we should keep an eye on the closest resistance at 110.30 as a possible starting point for...
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
We've got a pullback from the nearest "Window", so there's an "Engulfing" pattern. In this case, the pair is likely going to...