DXY and EURUSD both have completed the HTF ABC zigzag in textbook style by fitting perfectly within the channel TL's. Now expecting a longer term bullish reversal in both.
Price seems to have created a lower degree bullish impulse and waiting for correction to complete and then enter at the breakout.
Alt count would be that price continues to trade further in...
Pound looks like its setting up for an impulsive leg higher as soon as it finishes the LTF wave 2 correction. which should offer a good entry. For a bit more conservative entry a break above 1.205 level should work. Which would also be a valid breakout from an inverse H&S neckline. Keeping an eye on it!
AVGO showing quite textbook looking waves with fib confluence, expecting current impulse wave down to at least touch the previous major support. If price hits this target, I'd expect it to be the beginning of a deeper correction.
BTCUSD trading within a D TF channel with an expanding flat formation within, indicating more bearish price action with a possible breakout of the HTF channel. As mentioned in the chart, will be waiting for a bearish continuation setup on LTF with a possible combination with h&S pattern along with break of the key level to allow for a short entry.
