we can expect wave 4 in a triangle abcde formation has completed. Waiting for wave 5 soon The last downside move should fill in the box area for buy opportunity.
GA would finish the last wave v at the box range Short term sell Long term buy
GJ would make a deep correction before continuing last impulse of wave 5 to complete the major correction ABC towards 141.
let the price fill in the box area to complete the minor wave 3
Best to buy at the box zone... wait a liltle bit pullback
the first week of the month this pair made an impulsive move of wave (iii). We should expecting a deep abc correction of wave (iv) And would retrace towards the blue box Invalidation at 1.2295, and we are expecting another last impulsive wave (v) for major wave ABC to be completed at 1.2800-1.2930 Short term for sell Focus on buy
wave iv has finish the correction, its time the next impulsive wave to ride up
there is potential bullish after wave 4 correction abc done Risk and reward as shown
After it break the wave (i), its time for a pullback towards the support area. Pretty good for long term swing bullish
i recommend we wait at the support zone to buy
Clear motive move after so long market did bigger correction in wxy pattern. Price already break the 132.50 Suggested to wait for retracement to long this pair
EU reject weekly support at the level 1.1100-1.1120 next week if we could see bullish momentum to meet 1.1200 and if that level breach, we could another further upwards before NFP could decide it
GBPUSD would find pullback at 1.2425-1.2440 for short then will find the target at 1.2250-1.2200 lets see what happen next after reaching that level. Just focus to sell next week.. Goodluck
My humble point of view GBPJPY next week will make another major move downside towards 133.30-133.00 range if 134.00 can be break. we could see possible ending diagonal for wave ((v)) where a b c d e is in progress. stay calm... trading idea for the next week: 1. sell first 2. buy later( buy dip) Can we make it towards 140.00? hehe
USDCHF breaking 0.9700 key support , expected to drop further. ideal target would be at wave Y (0.9040-0.8940) Focus on short
I will wait the pullback for short opportunity ideal target expected to go to 133.80-133.50 where possible ending wave v would stop
wait wave c to be completed at near Support and resistance (1.8045-1.8070) ideal target at the 1.7600
-My point of view EURUSD is going to change direction on Bullish pathway -seems wave 2 is almost complete -Great risk reward ratio