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THIS CHART SHOWS A POTENTIAL GARTLEY AND A POTENTIAL BAT FORMING AN REGION FOR LONG.
HOWEVER, just for now, resistance wih downtrend line give traders a good opportunity to short GBPUSD.
Market did give a great action last week after Mario Draghello's new strategy direction.
After a deep down, EURUSD need to be watched before any longer movement.
The uptrend channel and downtrend channel affect EURUSD at the same time now.
Price may come to the annoying area as a big bomb will come next Friday.
BETTER BE SITTING HERE WATCH EURUSD TO CHOOSE DIRECTION
A big GARTLEY D and a small CYPHER C are right here waiting for traders who is going to short on USDJPY.
Watch USDJPY pirce movement to decide which plan would be better.
DXY is expecting another perfect harmonic.
See those RSI reverses, always can find a perfect harmonic to accompany.
DXY now hit the right place at 97 last friday night, could be a bearish begin from now on.
RSI reverse so obviously that EURAUD needs to be reversed in the next few days.
This mayb a retest for the uptrend line before a long-term downtrend channel open.
I love this kind of chart for trading.
I will keep my eyes on this pair for short in the near future.
Keep your eyes on D for XAUUSD movement. Thers is a AB=CD.
D Might be a good SHORT price to enter for a reversal area as this is a intensive trade region.
But the 1169-1200 could be the consolidation region for XAUUSD.