Lets see what happens here potential reversal EUR/USD. If price falls below S2 today this scenario becomes more unlikely.
GBP/USD could make one more move up into the liquidity zone. However the wave 4 might not be done meaning the correction will take some time and get more complex possibly take into tomorrows session before the last wave 5 plays out....lets see
I expect GBPJPY to stay corrective until next week. However even in a corrective environment a swing possibilty to the upside could start at current levels. I think there are better instruments to trade in the market at this week. But just letting you know what I am seeing in GBPJPY at the moment.
We might currently see an expanding flat within a bigger uptrend. Therefore current prices could be used for a buy if price action confirms. At the moment it is still early better wait price action signal on 1h.
GBP/AUD has broken out of a triangle structure. This could be a nice long opportunity for the next session keep on the WL.
EW count on EUR/JPY might give an long opportunity. Definitely wait for more price action confirmation. At the moment something to be worth observing
GBP/USD might yield a long opportunity here with a break out of a SHS also EW-Count could come in play like shown....lets see what happens.
Potential long swing is setting up in EUR/USD...lets see if it works out
Like mentioned in the last post. I was highlighting that GBP/USD entered a bigger turn around zone and should be on the WL for signal. Now it looks like the signal to the long side is here. However keep in mind that the 4H candle still need to close. Also tomorrow there is a meeting with the BOE.
GBP/CHF could give us a long swing opportunity here. It is building a bottom on the smaller timeframes. If lucky on weekly chart the weekly candle could snap back up resulting in a nice rocket for the next 1-2 weeks. Lets se...
Like mentioned before USD/CHF is looking interesting and now should have started the reversal looking on 1H if 4H signal follows it should be a could swing possibility to take it to the prior high. OANDA:USDCHF
GBPUSD could be setting up a long swing opportunity within the next days. We made it into the turn around area today. So far a signal to turn is missing . Price could still go all the way down to the blue line . Therefore keep it on the watch list for now and look for turning signals. Also bear in mind that on thursday the BOE will have a meeting about...
EW Count ....FED doesn't see any inflation therefore why not bring us a new QE program and shoot us right up into hyperinflation I would ask? Gotta pump up those portfolios of the FED members before leaving the burning house...
Turnaround should take place around the 38-50% retracement....
Keep an eye on this one. Key level is within reach and could reverse. Tomorrow ECBs decision on interest rate is in play higher volatility could come soon
Currently at a support level should be watched closely. From the timing aspect it could be better to wait until tomorrow before executing.
Potential 5-Wave move coming to an end in Gold with a last dip down around the 1740 area and then a bigger reversal.
Longterm Log chart count Dow Jones....