![EUR/USD: developing wave 4](/storage/article/3559/preview/Qw4XR3s9LCvdnyIm_640x320_q80.webp)
It seems like we've got an ending diagonal pattern in wave (c) of [b]. In this case, if we have a pullback from 4/8 MM Level...
It seems like we've got an ending diagonal pattern in wave (c) of [b]. In this case, if we have a pullback from 4/8 MM Level...
The price is still consolidating near the 34 MA, so bears are likely going to reach the nearest support at 1.1909 - 1.1892.
Recommendation: BUY 130…
Expanding bullish Ichimoku Cloud with rising Senkou Span A; an irregular dead cross of Tenkan-sen and Kijun-sen, narrowing channel of Tenkan-Kijun; the prices are on the support of Tenkan-sen and Kijun-sen and breaking out the SSA’s resistance.
The price is consolidating under 4/8 MM Level, which could be a departure point for wave [c]. The main target is 1/8 MM Level.
The 34 & 55 MAs acted as support, so the price is moving up. There's no any reversal pattern, cause all the last candles are bullish.
There's a consolidation, which is taking place above the MAs. It's likely that the market is going to test the closest support...
EUR/JPY reversed from combined resistance area Next sell target - 128…
EUR/JPY has been immersed in a corrective move since August 30th, looking forward to test a demand zone between the 50% and 61…
An extension in wave 3 has been finished under 3/8 MM Level, so there's developing wave 4, which is likely going to...
The Monday's "Window" remains open, but the last bearish "Engulfing" and "High Wave" patterns are still in the game.
The price is consolidating between the levels 1.1909 - 1.1875. It's likely that bears are going to test the 55 Moving Average...
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