looking at a classic wedge pattern here and an Elliott wave abcde correction pattern. We will see but I think it should push to the upside to the 2.618 extension based on previous time and price patterns. 16 bars 16 hrs band about 1.45% move each time.
My only issue with this chart is that I am looking at the ...
Fundamentally I have the USDJPY valued at 115-118. that's a conservative valuation and also a short term valuation. I think the USDJPY will consolidate at this level until the newyear and be somewhat range bound comparative to the GBPUSD.
I have a bearish bat forming at what I have the termination of ...
I have at least three harmonic patterns converging in the 1.10500 to 1.10300 area watching this really close!!!
Bullish gartley, bullish crab, and then an ABCD pattern from a lower time chart taken from the current two swings which is annotated in bright yellow!!! might get a big bounce down at this level.
EURUSD Potential bullish crab on the 1 hour chart
looking at a potential reversal zone of 1.1015 to 1.1023
I might short this down to the PRZ and then try to catch the harmonic bounce back to the .618 retracement of the AD leg
bearish Crab forming on the 1 hour chart
this coincides with my Elliot wave count for that time period and with the reversal zone right at the 1.618 extension of my wave 1-3 swing.
PRZ of 104.261-104.765
TP1 @ 103.009
TP 2@ 102.116
thanks for viewing
Bullish Crab forming on the 1 hour chart
this coincides with my Elliot wave count for that time period and the daily .236 fib retracement from the Aug 24 2015 low to sept 07 2016 high .
PRZ of .71826 through.71460
TTP1 @ .72115
TP 2@ .72492
thanks for viewing
Appears to be a bullish crab forming on the 4 hour chart. it also appears to be forming within a falling triangle with the PRZ right at a strong support level. Im gonna keep my eye on this one
PRZ 128.50 to 129.20
TP 1 @ 131.832
TP 2 @ 133.730
TP 3 @ 134.904