Still looking higher for (iv) of 3, larger 4 (spike or triangle), and 5. The bromance continues.
There's a 5 wave decline on EUR/USD. Sell op into today's FOMC Minutes.
Within a wedge shape, watch for a correction from the next high towards 1.32. This move up can be either larger wave 4 of the decline from 2014, or leading wave 1 of a new multi-year up move (to be determined on the next move down).
Price is reaching horizontal resistance within a wedge shape. Watch for a corrective move down before another buy.
Watch for break of the correction for another move down to, at least, fill the April gap (boxed area).
Price is entering the weekly resistance zone, and trader sentiment is at an extreme 93% bullish
Still in a down trend, but trying to fill April's price gap (boxed segment). 4h chart. Should see a bounce up when this gap is filled, if not before.
Possible bullish wedge on the 1 hour
Price broke out of a wedge this week, following a corrective pattern. Looking back to the high and possibly above.
Thursday broke out of the bullish wedge. Looking for a move towards 113 this coming week. The very bullish idea is above 115.
5 waves up completed over the past 49 days. Therefore a 3 wave correction now, and then a huge move up to continue. Please see the weekend video for detail.
Looking higher within the Ending Diagonal, with a larger C wave down to follow.
5 waves down for A completed, looking for a 3 wave bounce to sell for the second part to complete D of the larger triangle
Minimum target is 1.24/5 for (E) of triangle. Otherwise larger w4 towards 1.30. See video for explanation.
Looking down to complete wave 5 of w of larger (Y).
Broken out of a bull flag and has made 5 up from that low. Still bullish towards 1.49x or possibly way above.
Price has done enough for a low for (Y) of 2. Target 1.49x, possibly much higher if it can break resistance up there.