One more push down...price might reject near to the white box or RBS (resistance become support)
Still in correction wave...Price might reject at SBR (support become resistance)...
1) price can go rally due to support line 2) price go push last leg to the white box area before rally
Still in correction wave (abc)... White box might be spot for price rejection (bearish engulfing)...
1) Price can go rally due to strong rejection on support trendline (wave correction complete) 2) if wave correction not complete last spot for price going to reject is support line (white box area)..
There are two possibility either correction is complete or not...for now price reject on RBS (resistance become support), if corrective wave complete price will go rally, last spot for price to push down is the white box...
Now USDJPY is last leg (wave 5) before going up...White box might be spot for wave 5 to end.
Now GBPJPY in correction wave abc (red)...short term bias buy to complete wave correction...white box might be spot for correction wave end..
Now can ride final wave correction (wave c) before price going down...short term bias buy...long term bias sell.. white box might be spot for price to reject...
Strong rejection occur at the trendline...the correction wave 4 might be ended...now bias on buy...white box might the end leg of the correction if the correction not ended
EURUSD still in complex correction..white box might be spot for price to reject if wave abc (orange) is expanded flat...
Wait for the correction complete...white box (bearish engulf) might be price rebound...
Wait for wave correction (b) to complete...white trend line might be price rebounce to create wave c
Wave 3 either finish or one more push down...short term buy to ride wave 4..
GBPCHF now might be in wave 4 (correction)...short term buy for wave 4..long term sell for last price push down (wave 5)...white line might be price reject or wave 4 finish...
GBPUSD might be in correction wave 4...short term buy SL near swing low..but price can break to create new low...wave 4 might be finish either ad white line (SBR) or at white box (bearish rengulfing)...Short term buy for correction wave 4 then counter sell for last price push down wave 5..
EURGPB now in wave 4 correction...white box might be a spot for price to rebounce to create final wave 5... turquoise line is a resistance from left shoulder...might be a resistance for wave 5 price to reject..
Wait for wave correction abc (yellow) to complete...the resistance line (green) is a spot for the price to rebound...