We have in view a Drop Base Rally concept which may be validated by a qml too.
QML pattern on H4 timeframe, if price shows me a solid rejection at the MPL I believe we'll sell off to around 31,000. Also 50 MA is under the 200 MA so technically still in a bear market on H4 Timeframe
Bullish QML pattern on 8H timeframe with a break of the bollinger bands into the QML zone, this could easily fly to the swing high but im taking final targets around 100 pips...stops below the Low
We have a bearish QML set up on the H4 Timeframe in a nice overall downtrend on USD/CHF. Waiting for price to tap into the QML zone with a break of the bollinger bands strictly on H4 timeframe to go short.
Price move in compression for sell set-up, sell zone supported by RBD that killed flag limit and inline with QML.
A possible drop there before running bullish with that Flag.
Inverted Qml from below to give in another possible Qml above A 3 drive is also in view to favor the bulls.
QML pattern in USDJPY. Price has to hit QML before breaking trendline.
A look into next weeks Trades we have GBPUSD. We have in view the market on the QML supply zone which could most possibly favor the Bears. An AB=CD pattern formed a Bearish Flag. Within the bullish channel of the flag, we have a complete Elliot Wave. We currently looking forward to trade the D leg of the AB=CD pattern.