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I was suspicious about the movement USDJPY which as you can see, there is triangle pattern . I though this price will get LAST pull up, then falling down so big
I wanna inform to you all that I do re-counting wave which mean, subwave 3 is not yet finished. Price will keep bullish , going up until reach subwave 5
In my opinion , let price going down as pullback and open long position on wave 4
Oil get complicated consolidation and this time, price willing to fulfill the last wave of wxyxz consolidation.
Sell on pullback wave (b)
I made mistake when I count wave y . which is supposed to be very long wave ( usually 5 wave ) . So price I predicting going up to finishing wave (v) as finish wave of wave (y), after that it gonna drop !
Price may go up few ( to make wave b ) before continue down to fulfill wave c
Price is doing impulse movement right now! It still try to rising until wave 3
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Wave subminuette ii is done. And this time, price will doing impulse movement UP
Short opportunity from miniscule wave 4 ( see purple zone )
As you can see, I predicting the price will getting down to form wave ii. Then it will bouncing to reach wave iii
As you can see, the price breakdown 1509 . Estimation the price will bouncing up on 1499.83 / 1495.15 .
The next target is 1563.86 !
Since price was breakout the paralel orange line in couple days ago, seems price still get a lot pressure from seller .
Price succesfully breakout the rising wedge. Price must be down
Since price was breakout upper blue trendline and now re-test , this AUDCHF have potential to fly !
DXY seems breakout minor rising wedge , which mean it will falling
since price breakout the minor bull flag , seems it will continue up!
May entry on 1483
Since the price chose to go down yesterday, the price is likely to continue to fall. Or bounce back up. However, trading is a game of possibility!
Keep open minded and waiting breakout confirmation