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GBPJPY Broke that downtrend line, Price is currently in the buy zone. Expecting price to test 149.60. and very possible to see a breakout to the upside ( 150.20)
I'm expecting EURUSD to drop to support level 1.1500 before seeing an upward movement. Also that support level is around the 61.8 Fibs retracement.
Elliot Wave Theory spotted on the weekly chart, I'm expecting USDCAD to drop around 1.2000 to complete the 5th leg of that Theory. 800+pips potential
Price is currently playing at resistance,
and a possible double tops is forming.
I'm expecting GU to retrace to the 50fibs on the daily as price came back above that previous support
If price breaks current support my next sell target will be 1205.60
Price broke major retracement level 0.786 fibs, next sell target will be around 1236.17.
EURUSD retested the 61.8 fibs great opportunity to go short
EURUSD IS CREATING SOME LOWER HIGHS AND LOWER LOWS, IT IS VERY POSSIBLE TO FORM A NEXT LOWER LOW IN THE COMING WEEK.
Im expecting some more downside on AUDUSD in the 4hr time frame. I'm looking to start buying at the 78.6 Fib retracement.
EURCAD has been forming Lower Lows and Lower Highs and has retraced to the 61.8 Fib in the 4hr time frame great opportunity to go short
I'm expecting USDJPY to keep dropping and test the 61.8 fib, great opportunity to go long
GBPJPY has retraced to the 61.8 Fib in the 4hr time frame great opportunity to go long
NZDUSD is currently the 61.8 Fib retracement on the daily time frame, great opportunity to go short.
EURUSD is at resistance in the daily time frame, great opportunity to go short.
Previous resistance becomes support and 0.618 fib has been tested on the daily time frame. great opportunity to stay long on EURCAD.
Retracement is approaching to the 0.618 Fib in the daily chart, great opportunity to go long.
Retracement to the 0.618 Fib on the daily chart most likely to be tested, great opportunity to go short