Support forming at broken Wave 4 Resistance. Looking to see a complete bearish gartley by the end of the move. Bulls already coming in. The future of the EUR looks meh
Bullish Gartley Almost complete, enter on first signal of bullish candle
Pull Back makes Price level 18.2 become support after long struggle from bulls to close above it. Expecting prices to attempt breaking 18.6 once more.
Bulls are not in the game, Thursday breakout holds steady.
Upper trendline possible resistance with alignment to key levels. Support on lower trendline .
3 Drives Pattern complete. Friday's selling pressure looking strong.
Market forming candlestick reversal patterns at 1.272 fibonacci zone.
Short Bullish Move to be followed by bearish move most likely
My favourite Wedge
Price above August pivot point, this means bullish sentiment. Triangle broken, pullback complete at FIB LEVEL 38.2. Target RESISTANCE 2 AROUND 1.618 FIB LEVEL
Daily Chart showing a crisp bullish gartley pattern after a breakout from consolidation. My guess(what often happens) is that we'll get a hard spike into the 127.2 Fib channel before we resume a move up. This I find correlates with the US interest rates rise.
PRICE WILL HIT FIB LEVEL 78.6 AND TAKE A NOSEDIVE TO WAVE 4
MARKET WILL HIT FIB LEVEL 78.6 THEN MOVE DOWN TO WAVE 4 FOR SUPPORT
Bearish Gartley complete on Daily Chart. Target is the area between 1.272 and 1.618
Price breaking out of WEEKLY consolidation and headed down to 1.75000. Daily chart shows a clear contracting triangle that has already started moving from point E, forming leg AB(clearly visible on 4HR). 4HR got resistance at Fib level 61.8 creating point C and as we all know the golden ratio, price is most likely to find support at 161.8 with point D, thus...