Are we shaping up for the mother of all reversals on the EUR/USD? I have no idea, but i'll give it a go. A order Block has formed, fair value gaps reversed, change of market structure, and change in state of delivery. My predictions are wild but lets go!
A short rally to the upside is expected, after an order block on the lower time. If the target is reached and the price closes on the 15m candle above the OB line, we may see a bigger push to the up side.
GBPUSD seems to approaching a critical support level, while simultaneously reaching the lower channel of a potential bull flag, all while displaying, very low RSI, MFI and stochastic levels on the 1hr time frame and lower. could be the sign of a big break to the up side? Ive included my potential Take profit levels, news dependant today, we might be in for a...
UK100GBP is at a key resistance level, as well as being at the peak of a bear flag on pivot 5, RSI 2 & MFI 7 showing massively over-brought, I think there's only one way from here, down. expecting 65.98 eventually, but you can pencil in 71.50 as TP1.
good luck, see you at the bottom.
USDCHF Appears to be drawing a bull flag, there's along way to go before the break out to the top, but, when at sea, rides the waves baby. I expect a drop from here to around 0.90023 before we go up again.
Just an idea, The RSI and MFI and cipher b are all indicating that we are at least at the peak for now, so again, suggesting a trip down.
enjoy the ride. see...
USDJPY has re-retested the upper band of the huge bull flag he's been making. RSI 2 is 0 and MFI is 0.
the only way is up baby. expecting highs of 111.673
