same as euro yen
Hope To continue that Little bearish movement with this flag
ABCD Correction after breaking bearish trend line
hope to reach 132.6
Inverted Head & Shoulder !
Aussi broke it's bearish trend line and created a flag
After Breaking Bearish Trend Line, Price Corrected itself to 38.2% of last wave
the another correction to 61.8%
i expect price will complete an ABCD and Reach Red Zone.
Wait to price get back above 1-3 line and close inside the pattern
then i expect price will touch 1-4 line
this is just an idea now but if price closed inside, i'll buy it to 1254 and even 1270
Dollar Yen Broke this Triangle on a long term resistance and it's a good opportunity to short it on this pullback.
im my opinion price will complete a Zigzag.
and then a correction from ZZ zone to 38.2% of last wave (+Pullback to broken Support)
after this story i think price should continue its downtrend to about 0.71500.
If price break out last high, analysis fails.
Zigzag Zone + Resistance + Double Top pattern
if price break the last high, analysis fails
Zigzag Pattern + Resistance
i expect a 38.2% retracement
Gold Broke 6 Year Bearish Trend line...
Price Broke 2 Triangles.
After breaking Short term trend line i expect a correction to 38.2% fibonacci.
this correction (if hit target !!) can be a pullback to broken Daily Support (Red Line)...
After Breakdown Triangle i expect a retracement to support line