Currently in a C wave forecasting it to break the low of wave A
Price is nearing the end of current wave Expecting a reversal, watching the 88.6 fib level
Would like to see price break the top once more to confirm current flat pattern unless we get a strong sell set up
Expecting a little more upside to finish Running flat pattern before downside to break the low
an update from the last analysis Did not like the formation we have above the trend line Did not get a sell set up watching how price moves at this moment
We have a Butterfly Pattern forming in the C wave Expect price to reverse between 127.2 - 141.4 fib level
It seems NZDUSD is finally looking ready to drop to complete Daily structure Would like to see price break the trend line completing a flat pattern before further downside
The previous analysis had to change Be watching price as it breaks the top Expecting a C wave down to complete larger WXY Pattern
With the DXY looking bullish USDSGD has also completed a Daily Running Flat Watching price on lower time frame for reversal
We are currently inside a B wave on the Daily time frame expecting a wave down to complete Running flat pattern
GBPUSD is currently at a level where we can expect some sideways movement before continuing the uptrend The weekly pattern currently show future prices should at least break the top
We had a nice impulse as anticipated Due to price creating a new wave we have to change our analysis of the larger pattern still expecting another wave down to complete pattern
Short term expecting a wave up to complete pattern for further downside Watching on lower time frame for bullish setup confirmation Still very possible for price to continue further before pulling back
C wave nearing end Watch on lower time frame for a Bullish set up to confirm upside
We are now reaching the end of our up wave Waiting for bearish set up to confirm downside