


Novi_Fibonacci
ModEUR/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!!