Analysis invalidity level: 145.57 Target range of wave 3: 132.795
Scalp 1.089 range for a bearish target of 1.086 in the 5-minute time frame
The pound to yen currency pair is completing a big (B) wave. In the future, we should (C) a bigger corrective wave. Invalidity level 166.20
The level of 0.3369 to 0.3418 is valid as support for the continuation of the pattern.
The invalidity level of the analysis of a bearish wave is 1.22650 for the specified targets.
#Timeframe: Weekly Following the previous analysis in the weekly time, it seems that an AB=CD pattern is completing. Therefore, I expect that it will not rise above 1963, while it is also channelized, and in the future, we should wait for gold to fall. Of course, the confirmation candle has not yet been registered in the weekly time, so we can still wait for the...
Waiting for the reversal confirmation in the specified 0.3173 area for a long position to the specified range.
It is pulling back into a broken descending channel. After confirmation and floor preparation, it is possible to enter into the transaction for the long position. The scenario is the probability of failure of the previously specified supply area.
Matic can grow a three-wave up to the 1.50 area and then continue to correct up to the 70-cent range.
A reversal candle in the demand zone that can have an upswing to the first specified supply zone.
Movement in the form of an ascending three-wave that can continue this movement up to 0.96 units in wave C.
#XAUUSD In the resistance range of 1832 to 1835, there is a possibility of breaking up to the range of 1812, which can create a sell position.