Couple long term targets for NZDCAD on the Weekly Could break to the upside from where it is now, third touch of the 38.2 fib retracement + possible end of correction cycle
Looking at shorting GBPUSD down to 1.35338 to 1.34793 area. Once price gets to that area, looking for that to trigger institutional longs to complete the 1-2-3-4-5 Weekly Wave cycle. Looking for that to be the beginning of Wave 5 on the Weekly timeframe, with a swing target of 1.47000. Invalidation level is 1.34116 (current low) This last mini down move before...
GBPJPY off the 61.8. Nice doji close, entered and stop below low. Going up TP at -61.8. Will monitor, if clapped will seek a higher discount entry.
Could be wrong, but looks like correction is close to being over Daily timeframe hit 88.6 fibs and looks to be accumulating waiting for liftoff If we get more bears on DXY, likely that both EUR and GBP are bullish, meaning we'd be bullish here too Technicals are there, just have to wait and see
Looking like intraday reversal area, going long target is top zone Possibility for more bears afterward
Correction before more bears Looks clean, let's see what happens
Daily corrective H4 corrective H1 corrective All timeframes look corrective and ready to burst to the upside That's it
Price stopped at 3.618 level Entered on third dig down, so far price reacting well Just looking for a correction for now..
Looking like accumulation to me In one day went from about 1870 to 2000, since then have been correcting Hourly timeframe looks like it may have made ABC correction and this could be wave 3 of 12345 series Bigger picture/timeframe -- this accumulation looks to be happening at end of overall correction as well Maybe next stop 3k? Then where from there?
Looking like DXY may start another big descent soon Let's see if USD pairs are ready Looking to take to end of trendline/channel, if broken, will continue to hold
Looks ready to go short, might be end of correction. Maybe dollar taking another plunge...