at about 1230 area, a bullish pattern will complete and the price is on the trend line and touch the trigger line of the pitchfork so it's strongly possible to support
after touch the strong resistant at 1.4500 and complete a bearish pattern in this area, it's possible for eur to goes back to the past support at 1.1000 so if it can pass 1.2900 support it's possible to go down to 1.1000
the bearish pattern can push back the price to the last support area
at 113.300 area a bearish pattern will complete and the price will touch the trend line so it's a strong resistance
Two Ideal Pitchfork support AUDCAD in the the yellow Circle after touch this area and target could be near the top line of both of them
there are 2 scenario for this pair, it touched the mid line of pitchfork and complete abcd pattern there, but couldn't start a strong bearish trend to the bottom line so it's possible to touch the mid line again and complete the other ABCD pattern there and then start a downtrend
after touch the bottom line of the channel and react to this area, if it can pass 1.35350 area strongly then we can expect it will touch the top line of channel again, so we can set a buy stop position after this area
after touch the top line of the channel, it can come down to the bottom line and then start an uptrend to the top and maybe pass it. by using fibo time we can see the time that it will become a new pivot at bottom
a bearish channel that price can touch the bottom line again and fill the time pattern there so it's ready to start another uptrend to the top line
so after touch again the top line of the channel and complete ABCD pattern there it can start a move to the bottom line of channel and complete ABCD pattern there. we have a very strong support at the bottom line of channel
after touch the top line of channel, broke the short term bullish channel and it can go to the bottom line
It's moving in a bullish channel and after top line touched the bearish trend to the bottom line is possible. with fibo time zone and the ABCD pattern we can find the round area for the bearish target at the bottom line of the channel.
A perfect Pitchfork that price touch the top line and is coming back to the mid line to complete the ABCD pattern. I use Fibo time Cluster to mention the area that price reach to the mid line.
It's moving in a channel and it's near the bottom line now and complete 2 ABCD pattern there, so we have a strong support there for DXY and we expect strengthen USD
attention please to the number of bars in 3 uptrend to the top line of channel. the first is 51, the second is 78 , the third one is 143. obviously can understand the weakness of buyers
As u can see near the top line of pitchfork an Ideal Bat pattern will complete so we have a strong Resistant here and down trend can start here
AUDUSD is near the top of The 4 hour channel and possible to touch it and start a down trend to the Bottom line or near the last bottom pivot