Last session have created a chyper pattern that match the trendline. With the additional tool of Fibonacci Retracement, we can predict that the price will fall to the newest support near the trendline.
- Bullish trend is expected to end at the verge of Fibonacci Time Zone. - The trend movement indicates that it is currently struggling to pass by 4H resistance. - Based on the Chyper pattern the candle has now completed the XABCD pattern and ready to move downward hereafter.
4H Analysis using Elliot Wave, Market Structure, Cypher Pattern and Fibonacci Retracement
Continuous pattern charted, it will stay consolidated for a while then bullish in the end
Will be bearish for some times, but expect bullish in the long run
Elliot Corrective Wave and Cypher shows that CAD/JPY will remain on consolidation for awhile before went bearish
Elliot Corrective pattern combined with Cypher
Multiple Elliot Wave plus Corrective Wave and Cypher Pattern on NZD/JPY for (25/05)
Elliot Wave+Correction and Cypher pattern on AUD/JPY for the last week of May 2020. Revision made following the correlation to positive trend of AUD/USD. Entry level: 70.173 TP 1: 70.404 TP 2: 70.803 TP 3: 71.041 SL: 69.928
Cypher pattern and Elliot Wave on 1H interval for last week of May 2020
Elliot wave patter on 1H interval for last week of May 2020
Cypher Pattern and Elliot wave on 30m interval for last week of May 2020
Elliot Wave pattern on 1H interval for last week of May 2020
Elliot Wave (1H) interval for last week of May 2020.