This is my recent long-term forecast for AUDCAD pair. I expect 3 waves structure to the upside to develops where all of the waves should be sharp and quick. After completion of structure to the upside and breaking last swing daily top I expect another sharp impulse to the downside. Good luck!
DAX is still in one big corrective daily structure. We have had lower degree impulse and currently price making a flag formation which indicates we can expect price to move more to the upside.
The current structure indicates we may have a reversal sign as price action forms rounding bottom and possible inverted head and shoulders pattern. Wait for a breakout of the line marked on the chart for entry level.
The current development of structure indicates that huge daily correction may come to end very soon therefore it would be a good idea to take any sell setup from this point for potentially next impulse to downside on daily time frame. Wait for breakout of lower degree trend line for entry.
The current structure indicates a high possibility of massive flat correction ABC. Looks like the price has finished a smaller degree ( B ) wave and we can expect wave ( C ) to follow
Cross-market analysis shows the possibility of a bigger dip in major indices. The current structure shows similarity in development to SPX500 and DIIA therefore, I expect wave C to develop very soon.
Current structure indicates we have a triangle pattern in development. Watch for breakout of upper or lower trend line to enter trade.
The current structure indicates we have an ending diagonal pattern completed therefore it would be a good idea to short to targets as marked on the chart. You can wait for breakout of trendline for entry.
Bullish AB=CD pattern has been completed therefore we can try to buy based on this structure for a target at previous swing high.
The current structure indicates price moves in correction and I expect 3 or 5 wave swing to the upside.
Current structure indicates we might have a flat ABC correction of higher degree in development. You can try to buy as price has reach multi year low a this is good opportunity to entry.
Price moves in bigger corrective structure possible flat ABC. Usually harmonic patterns work great in corrective pattern with high rate of success. Current structure indicates we have a bullish gartley pattern in development and price should reach previous daily swing high.
Looks like we have a classic head and shoulders pattern in development on daily/weekly time frame Breakout of weekly trend line supports that concept and we can try to take any sell setups on lower time frame .
Current structure indicates price moves in correction of last impulse on hourly time frame. There is high probability structure will develop into triangle pattern. You can enter based on breakout of inner trend line or bottom line of structure.
Current price action indicates we have a triangle pattern in development and I consider it as continuation pattern to the upside. Wait for the breakout of upper trerndline for entry.
EURCAD is in a dailly downtrend and after another correction within channel I expect continuation to downside with high possibility of reaching weekly trendline on bigger timeframe.
This is my new forecast on the daily timeframe for GBPJPY. I expect one of two scenarios to happens now, another impulse to upside or corrective wave up and down following by second big impulse. Be aware, there is still a possibilty for a price to make a new swing low below 135 and reverse from there but at this stage,propability is very low.
Price moves in a bigger flat correction ABC on daily time frame and we can assume wave C is finished or will be terminated after last small drop. I have marked 3 alternative scenarios how structure may develop further. after end of correction I expect bigger wave to retest top of bigger weekly structure.