Gold has completed AB and C now in the D leg. price zone for CD @ 1244(100%*AB)/1234(127%*AB)/1222(162*AB). BREAK BELOW 1223-1215 then 1180-1190 1st price zone.
SILVER looks to be targeting D leg at 16.50/16.20, where D= @127 16.50(BC) & 162= 16.20(BC). Break below 16.10-16.00 will invalidate this setup. AB=CD @ 16.30(100%).
USDJPY consolidated and now back above the trendline, minimum price zone 112.10-112.40 once 111.40 is exceeded, however IF 110.60 is broken to the downside then lower price zone into 110.40-110.10
NZDUSD met and exceed price objective 7260-7270 tagged 7298 and now in consolidation back into 7260-7270 zone. break above 7298-7311 then higher price zone 7436-7445. Break below the trendline then 7200-7180 then lower price zone targeting 7070-7010 as a minimum.
PRICE corrected to within 17440 zone and has since moved back to the upside completing a CYPHER @ 17494. Price testing the upper green trendline, breakout above here then 17765 to be next price zone. IN the meantime break below 17575 then 17556-17530 next support zone, lower than 17494 will invalidate the upside and lower price zone will be activvated. Above 17648...
3 Waves have potentially been complete where y=162%*w, however if it breaks below the current level then y wave can extend lower, however since this can also be termed as AB=CD, this could consolidate here for at least a 382 retracement for the next x wave before 1 more wave lower to complete z wave.
See my GBPNZD link below to follow this setup. This pair has broken out of the Trendline and channel and now in a correction, retest at trendline and channel line. Could it turn from here or breaks below into the channel and becomes venerable to lower prices both are possible outcomes at this point and it could consolidate within 17441-17765 before breakout in...
2 POTENTIAL PATTERNS, HOWEVER MULTIPLE PRICE TARGETS. SHORT TERM/MEDIUM TERM: BAT PATTERN IN FORMATION D LEG TARGETS: 40.52(886), IF 40.52 IS EXCEEDED THEN 37.16(113). BREAK BELOW 37.16 THEN: 32.38 (786) CYPHER OR 29.36(886) SHARK
Currently in consolidation support between 109.60-109.20 break below here then 108.50 possible, break below 108.00 then much lower price zone. break above blue trend line around 111.00 then 113.20-113.60 1st price zone, above here next price zone 115.90-116.20.
Silver is currently at 618 zone 16.70's break from here and price will get to the next zone (786-886)16.30-16.20.
EURUSD is still in a channel and down side price zone is still probable however it could be limited above 11075. Break below 11075 will target lower price zone, above 11275 then higher price zone will become objective.
NEARING COMPLETION PRICE TARGET FOR AB=CD= 17830(100%). In extension then AB=CD 17765(127%)/AB=CD 17665(162%).
There is a CYPHER in formation and has already completed XA,AB,BC and now in the CD leg. the cd leg has a price range of 7657-7699(786-886).
GOLD HAS FORMED HEAD N SHOULDER, HOWEVER A BREAK AND CLOSE ABOVE 1295 WILL INVALIDATE THIS SETUP. LS=1263, HEAD= 1295, RS=1274. H/S TO REMAIN VALID IT HAS 1ST TO BREAK BELOW 1245(RIGHT MID SHOULDER) AND 1215(RIGHT LOW SHOULDER). BREAK BELOW 1195(LEFT SHOULDER LOW) WILL VALIDATE H/S AND LOWER PRICES. PRICE TARGETS ON BREAK AND CLOSE BELOW 1195= 1140-1120.
BAT pattern coming to completion soon 886 level at 11465 on the 4 hr. Downside Target = 11125-10825(38%-62%).
NZDUSD IS IN THE PROCESS OF MULTIPLE PATTERN FORMATION, KEEPING IT SIMPLE AS PRICE ZONE FOR BOTH PATTERNS ARE THE SAME. X=7375,A=6816,B=7120 AND NOW IN THE C LEG OF THE PATTERN. PRICE ZONE FOR C IS IDEALLY BETWEEN 7005-6930 HOWEVER IT CAN GO AS LOW AS 6850. ONCE C LEG IS COMPLETED THEN PRICE TARGETS FOR D: D=7312(886 OF XA) OR 7452(113 OF XA).
EURGBP is in the bat completion zone at 886= 8370 however it can also extend to become an alt bat @ 8850(113). X=8786, A=8295,B=8530,C=8382. D= 8370(886) BAT. D=8850(113) ALT BAT.
AUDNZD IS NEARLY COMPLETING THE LAST Z WAVE AND LIKELY PRICE TARGETS: 10130, BELOW THIS LEVEL THEN A DOUBLE BOTTOM IS LIKELY AT 10020 OR 10000.