GBP/USD CROSS 1H BULLISH COMO SPAN and on the other side cross 2-week bullish trendline and another side face to the resistance of 0.618 Fibonacci of the last bullish move so we can have the prospect for a pullback to the trend line and then bearish move start
in the case of cross latest low, it could be 'PB' to the trendline and the bearish again or continue the pattern and go for bullish
in the case of the cross, the channel can expect a pullback to channel and then achieve to targets in not broke the support area can achieve to the low leg of the channel
in the case of the cross red area (last high and top of the channel ), it could be achieved 1.21400. otherwise, resistance in 1.20700 could run into a downtrend channel and then targets:1.20000, 1.19200
in the case of the cross 1.21167, it could be 1.21802as you see target is the top of the parallel channel
EUR/USD 4h I think it could be bearish but In the case of the cross blue area it could be bullish .of course the last bullish trend is so powerful but as I refer the curve chart could be so strong and be an S/R zone
in the Daily time frame makes a nice curve S/R line In case of the cross the red area it could be bullish
reference to my last idea about short gold on Jul 16, 2020, so when I published idea and say short on the weekly time frame now happen guys, watch that analysis again hope you enjoy that
USD JPY//SHORT POSITION: now the end of impulse wave 5 and resistance on level 0.382 Fibo. cant cross EMA =100 and 50, it can be rejected and make ABC Elliot wave and have first support on 0.618 level this support and resistance przs are so strong and always can be rejected chat
on 1810==level 3 FIBO projection wave1 on1815==level 3.618 FIBO ret on 1836==previous strong resistance level Elliot theory: the end of wave 5. it can be rejected from this PRZ(between 1810-1840)for the long term.