WolfeHunting

WolfeHunting

UJ bull flag... on the way to the bottom of consolidation channel IMO

WolfeHunting

Think buyer pressure may increase now we are at strong support from January. Throwing in the fact that the Dollar has been on an incredible run up, this makes even more sense IMO. Will be looking for price the move to the top of the bull flag . Thrown in some extra estimates of potential price movement for kicks! lol

WolfeHunting

I think price will find some strong support from the previous trend line down (pink). If it makes contact with it again, then we may see an attempt at bullishly breaking through the downward channel line in red (dashed). If that happens, i'll be looking at a long position on the pullback to resistance/support.

WolfeHunting

Looking for a break of the red channel line via 50pc fib then lift off to yellow target!

WolfeHunting

Seem like the bullish wave on EU may be over for now and correction wave C can complete the sequence.

WolfeHunting

With my earlier chart showing DXY being bullish, was only right to look at the other side. Expecting the pound to continue to fall in trend, then pick itself up at about 1.22506

WolfeHunting

The dollar seems to be rising to the wolfe wave line in yellow.