AUD/USD is currently forming what looks to be a Double Bottom Pattern. Price was unable to extend lower past the low on Aug. 16th and is now moving up! The second "bottom" of this potential Double Bottom terminated in my Fib Kill Zone furthering my confidence in this analysis in deeming this a High Probability Pattern! If price can break above the .64881 level,...
USD/JPY failed to make a Higher High and is looking to go lower. Here is my Target and my reasoning and work. SL and Final TP will be updated as time goes! Stay Tuned
EUR/USD is starting off the week with a Bear Flag! Break of the flag to the downside is expected, following suit before price entered into pattern. I believe the break will give to a BIGGER bearish sequence. Waiting for a VALID CLOSE and RETEST of break to so validation. SL, TP & Entry will be updated!!
USD/CHF worked into a consolidation period after having finished a small bullish sequence. If we get a Bullish break of this consolidation, creating a new high, I'll be looking for price to complete its final wave at my target! SL, TP & ENTRY will be updated!
EUR/USD made a Higher Low last night than the previous Low made last Thursday! I suspect EUR/USD wants to make a Higher High then our current high in which case will be the beginning of a bullish move towards my Target zone. *WAITING FOR PRICE TO BREAK 1.1042 TO INITIATE ACTION PLAN* Currently as I write this, DXY is losing strength going into a downslope BUT...
USD/CHF has been travelling down what looks to be a BEARISH channel! Finally got a break of the channel to the upside! Looking for a possible retest of the falling resistance to use as support to climb higher!!