Price will return to my 38.2 fib @111.321 and will continue a downward trend from there
Bearish Priceaction towards 61.8 fib @145.743 JPY is strong
I see a downward price movement to my 61.8 fib @79.915 JPY is strong against all pairs, and with a weak dollar, the outlook of AUDJPY is not bullish at all.
I have a channel for the dollar's current price movement. Maximum potential price point for dxy will be 97. From there we will see a downturn most likely to 96.50
Yes I know based on my AUDUSD post this is rather conflicting or perhaps seemingly conflicting. I am currently at a crossroads right now. I feel This AJ Short might very well be more promising. But who knows. I would say @ShaunHaque00 might know. Check it out
Price Target for AU is my 61.8 Fib @0.71235 AUD Bullish? We shall See.
Chart Speaks For Itself We will see a downside to my 38.2 fib Price Target: 97.00 Looking To Trade Asian Session? This here is Key
Even using the Elliot Wave Theory, it looks like the motive wave is in due to begin. The correction A will occur downwards to price point 96.94, which also has confluence with my 61.8 fib level.
Monthly chart shows the completion of a right shoulder. Bearish momentum starting now.
Short Term Bearish will hit my orange zone, long term after it reaches the bottom orange zone will reach the top orange zone. After the completion of the bearish bat, we will see major bearish momentum on the pound.
DRAWN BY SHAUN HAQUE His zones and price levels are just perfect. How does he do it? Wish I knew.
Long Term Bearish Short Term Bullish Only Time Will Tell
Harmonic on Harmonic. Old drawing ended up hitting both my profit zones. Definitely one of my best work yet.
Bearish Bat already occurred earlier in the cycle. It is evident that another Bearish Bat has emerged. The profit zone is my green 38.2 and 68.4. Tell me I'm Wrong.
WARNING: I AM STILL NEW TO LEARNING HARMONICS!!! Now with that out the way On the weekly it looks like the harmonic pattern has already reached its profit goals. I also think USD is looking bearish long term. Based on the hourly: Euro has already reached profit level 38.2 @1.13598. Next price target is my 61.8 fib @1.14369