piercing candlestick arised,and support by 15ema,Monday or Tusday will long trend,Let us wait and watch!!!
the trend broke the center line,and back,form doji below 15ema,so we can entry when the price broke doji low price.
I think the market of USDJPY will down again,wait the price broke the doji .
in daily chart ,a big bearish candle broken the trend line ,next move ,will touch next horizontal support.
Now touch the daily support line and wait for the time chart to break the trend line.
I think my draw has some mistake ,but I don't konw what is it,can you tell me ,thanks.
According my elliot wave analyse ,this month will form the e wave ,the direction is bear
Since the previous inflection point went down without encountering the important resistance level above, and encountering the important support level below, it completed a complete section, so it is an important inflection point, thus forming another equally important downward trend line, and the market is running in the new triangle arrangement form.
from breakout the down trend line in H4,now GBPNZD enter bullish,will finish 12345
congress a big rising of 5 wave with D1,now enter the Adjustment pattern,and din't finish of ABCDE,so it will oscilate again,and finally the e wave may lower than now price.
GBPUSD is runing the 5 wave in D1, the target is W1's resistance