GBPGPY daily correction (Action) cycle is still on going (11 candles from last daily bullish pinbar) to touch upper level pitchfork or possibly Resistance 2 at 144.177 and then resume downtrend to support 2 at 130.699. Current daily candle bounce from support 1 at 137.769. #ActionReaction #PriceAction
WTI daily downtrend reaction cycle is still on going to touch median pitchfork and make new low in 58 bars or by 12 July 2019. Entry Sell 54.51, Stop 59.00, TP 32.10 #ActionReaction, #PriceAction
EURUSD MAY REVERSE TO BULLISH AFTER ENTERING 150% BULLISH TRAP ZONE.
Next level target is 0.88595 to reach by 7.5.2017 and then next target will be 0.89213. Reversal confirmation will be after entering bearish trap at lower Fibo level 1.75. Watch out all pin bars & hammers appears along nearest support and resistance level.
BEARISH Continuation Pattern Down until resistance level 129.382. Then back to support level 130.037 and drop again to next resistance level 128.936.
Possible trend reversal pattern may happen if USDCAD fall below 1.29172 support level as well the 175% Fibo level and fail to retest 1.29172. Gold is currently on reversal to bullish. BEARISH TRAP IS BELOW 175%.
Trend Reversal pattern spotted on Gold. Now its time to buy.
This is Price Action Reaction with target cycle analysis to take short or long throughout pitchfork fibo. GBPJPY