Triple Top and Key Zone for reversal. Trend lines also confirm Drop. W reversal Pattern NB: DXY and most usd pairs are at key Pivot areas for bullish Dollar.
3 wave impulse moved then expecting big drop. retracement expected currently then further push to upside.
JPY has been weak for 1st half of year and we expecting Strength from July-December2024. Sellers are in control now and we only looking to short USDJPY. Impulse 5 wave move in play 1st wave completed.
BTCUSD was in consolidation , it then broke out of consolidation and we were waiting for retest for the breakout. Price has just retested both breakout zone and moving average to confirm Sells.
ABC Retracement completed we looking forward to the impulse Bullish momentum to start long term.
- DXY has been holding on support (3times it has held this support) - ABC Wave for bullish BC wave to complete now.
Head and shoulder completed and retest on neckline has just happened to continues the drop 61.8 retracement level.
-JPY Bulls coming in -morning star reversal pttern formed and we have bullish momentum -All major resistance levels have been broken.
1) head and shoulders 2)SMA retest 3)bearish engulfing candle reversal candle
1)False breakout trend still bearish 2)Bearish engulfing candle stick formation to confirm bearish momentum. 3)Moving average turning to downside also showing reversal of trend
1) Resistance of Triangle price is moving in 2)USD Strength confirmed to correlate with drop of GBPUSD
- 5wave bullish move -We on final wave of bullish run. all dollar pairs are bullish dollar
-Dollar Strength coming at zone -Key Support Pivots level (monthly and Weekly) -Supply and demand zone (price action)
We predicting Strong Dollar coming so with this said we have been looking for buy areas Price has been reacting on the Moving average consistently retesting now to push up
Elliots Wave impulse count of 5 waves We are currently starting final wave after the 61.8% retracement of wave 4 Dollar strength expect long term
*Retest of Moving average that has been consistent with being resistance. *trend line bearish
Dollar Strength = Stock bears 50 % retracement zone also agrees with US30.