GBPAUD is testing the ascending channel support. We could see a bounce off the channel support ⬆️ or a breakdown below the channel support ⬇️.
AUDCAD is testing a resistance level. Price action is printing an ascending triangle pattern. We could see a breakout above the ascending triangle resistance ⬆️ or a breakdown below the ascending triangle support ⬇️.
XRPUSDT brokedown below the symmetrical triangle support. Price is testing a projected descending channel support. Possible price actions indicated.
XAUUSD is testing the descending channel support. Price is printing an ascending triangle pattern. Potential retest of flip resistance. Buy entry ⬆️ - breakout above the ascending triangle resistance. Target 🎯 - flip resistance
BTCUSDT completed its 1-2-3-4-5 impulsive elliot wave pattern. It hit the all time high resistance. We could see the 1-2-3 corrective elliot wave pattern.
BTCUSDT obeyed the predicted price action from my previous analysis ✅.
BTCUSDT is still within major ascending channel boundaries. Price action is printing a rising broadening wedge. Possible price actions indicated.
CADJPY retraced as expected from my previous analysis. Price is testing the 0.5 fibonacci retracement level. RSI is printing a bearish divergence signal. Potential downtrend continuation. Sell entry ⬇️ - breakdown below the previous swing low. Target 🎯 - downtrend swing low, major support level.
USDJPY rejected the descending channel resistance. Price retraced and is testing the 0.5 fibonacci retracement level. RSI is printing a bearish divergence signal. We could see a a continuation of the impulsive downward move. Sell re-entry ⬇️ - breakdown below the previous swing low. Target 🎯 - descending channel support.
ETHUSDT brokedown below the rising wedge support and previous swing low. RSI printed a bearish divergence signal. Potential retracement to the trendline support + fibonacci retracement levels ⬇️
TOMOUSDT bounced off the falling wedge support as expected from my previous analysis. Price is testing the wedge resistance. We could see a breakout above the falling wedge resistance ⬆️ or a rejection of the resistance level ⬇️.
XRPUSDT is testing the trendline support. Price action is printing a symmetrical triangle pattern. We could see an uptrend continuation ⬆️ - breakout above the symmetrical triangle resistance, or a correction ⬇️ - breakdown below the symmetrical triangle support + trendline support + previous swing low.
XAUUSD brokedown the pullback trendline support. RSI is printing a bullish divergence signal. Price action is printing a descending broadening wedge pattern. Buy entry ⬆️ - breakout above broadening wedge resistance + previous swing high. Target 🎯 - fibonacci retracement levels.
ETHUSDT is printing a rising wedge pattern. RSI is printing a bearish divergence signal. Sell entry ⬇️ - breakdown below the rising wedge support + previous swing low.
ETHUSDT is testing the ascending channel resistance + fibonacci extension level ( 1.0 ). We could a correction ⬇️ or further upside ⬆️.