GBPUSD has been trapped in a triangle, more dump and bonuses expected until it officially breaks out of structure either up or down.
USDJPY showing strong bullish move and still stays within the uptrend channel. With the recent sharp move down, it has completed the continuation pattern within the uptrend channel. I am expecting the price going back up slowly again and looking into over 800 pips.
H&S pattern has been formed and waiting to break the neckline, then I will look into the area of interest for short position. FVG area 1.12373. Hope this plays out well.
AUDUSD is making Diamond pattern, I will watch for the breakout of pattern then going for short.
If GBPUSD breaks out upwards, then I am looking into possibility of 5th wave and TP of Wolfewave.
GBPUSD has completed Wolfewave pattern and heading towards target point.
Pric has already broke the low and looking for sell opportunity. Possibly we will get a false break out and then drop. Look for confirmation first.
I am expecting to retest MA200 on H4 and going back up to break the daily trend line.
EURUSD has completed 5th wave of the Wolfewave and heading toward the target point. Waiting to break out 0.98553 for long.
GBPUSD is currently making a small correction and heading towards powerful daily resistance. I do not see any major correction happen any time soon.
AUDUSD has completed 5 WolfeWave pattern. I am looking for the price to break out 0.65340 for long position. Wolfewave is a strong pattern, and it makes it stronger if appears with divergence MACD. However, I do not see a divergence as yet, so there is a chance we might get another low before going back up.
EURUSD will recover slowly and will go back up. The FVG area has been met and we might get another FVG hit before going back up and this will give us more opportunity for long.
GBPUSD will recover slowly and will go back up to reclaim liquidity targets. This idea will decline if a flag appears on H1 and breaks out in downside.
I believe AUDUSD still has room to go further down as we have H&S pattern inside downtrend channel. Any spike up is the new opportunity for short.