Potential triangle breakout to the upside. Targeting .7776 area.
Attempting a short entered @1.3766. 1st TP 1.3657-26. If price continues lower Take Profit @ 1.3375/ 1.3315/ 1.3261. Alt if blue declining trendline is look to go long target anywhere within the YELLOW box.
Going SHORT here, looking for initial target 83.36 possibly lower below 81.50. This structure looks complete at equal legs, ALT VIEW could extend higher towards 1.236ext 85.93.
This pair has enough swings to call this cycle complete. Taking a SHORT here with tight stops, as long as 1.5307 holds downside targets are (TP1: 1.4098) TP2:(1.3734). Alt view break above 1.5307 expect more upside towards 1.5580. Lets as the CAD has been very weak.
Primary view: We are expecting more weakness in this pair as we've hit significant resistance and are due for some correction. Initial decline towards 97.63 and possibly 90.39/89.35/86.90. ALT view Above 105.28 and a break above GREEN declining trend line, expect 111.59.
Primary view: We are expecting more weakness in this pair as we've hit significant resistance and are due for some correction. Initial decline towards 97.63 and possibly 90.39/89.35/86.90. ALT view Above 105.28 and a break above GREEN declining trend line, expect 111.59.
Going SHORT, pair is due for a correction. ALT view Above 105.37 targets declining GREEN trendline.
Going SHORT, pair is due for a correction. ALT view Above 105.37 targets declining GREEN trendline.
I see a very clear 5-0 Bullish harmonic pattern. Expecting more upward movement once price enters the highlighted green zone.
I can see a very clear 5-0 Bullish harmonic pattern. Expecting more upward movement once price enters the highlighted green zone.
The pair has enough swings in place to call the structure complete and is due for a significant correction. initial target is rising trendline, the long term target is the %50 back at 0.7700.
Primary view is SHORT with a target of 1.3470. It appears purposed b(red) has completed at %.786 retracement of a(red). corrective wave c(red)/ ((b)blue) should be unfolding. ALT view, a break above 1.5200, look to go LONG with target around 1.5865 and higher. Lets see how this plays out.
$EURUSD has met requirements for the end of purposed triangle. Looking for new lows towards TARGET 1.0333
Preferred view is to go SHORT looking for target around 84.00- lower. ALT count LONG if trend line breaks upward, look for target around 97.67-100.22