...And abcd pattern too (target .7671). If concidered that DPO indicator is ready to make possitive divergence, the result is that we must prepared for long positions this very week. The pair is ready to make the last up movement to complete wave (4).
The trend remains strong bullish. Long position in the next bullish candle.
If the wave (iv) hasn't completed at 1.1667 (strong possibility), the next target is 1.14411 (low possibility). We wait to have breakthrough the upper level of the wedge to take long positions.
It is likely a cypher pattern is in development and an ABCD pattern too (4h chart look below).
It's likely an abcd pattern is in development. The main trend is still bullish, in to the uptrend channel.
WEEKLY VIEW- CAUTION NFP in the end of the week.
It's ilkely ab=cd pattern will be completed soon and wave {iv} too
It's seems that wave (iv) has been formed. Meanwhile, it will be more wise for those who are out of market , get positions after tonight FOMC .
It's likely an ending diagonal triangle is in development
It's likely wave {B} has been completed, prices still remain into the channel and DPO indicator is ready to break point zero.
It seems that an abcd pattern is in development.
NOTE: Decision rate of BoE this week.