The dollar index is soon to complete it's rally, we wait to see if price reacts at the previous area of rejection and sell at the break of structure
The Swiss Franc/Japanese yen pair formed a Head and shoulders last week and so we will be looking for entry on the lower time frame after a retracement around the area where price is at currently. We have a second entry point at the neckline of the right shoulder and final target was measured by fib extension to the 161.8 level.
Time to sell at current price to around the psychological level of 128.
The dollar index is facing a possible retracement to at least the 0.382 Fibonacci level from where we'll wait for rejection price action and then place a long position to either the second resistance or the trendline resistance .
The kiwi/swiss franc pair is about to complete the CD leg of the pattern and is also traveling in a bearish channel , price is expected to reverse at the trendline resistance and after the confirmation of rejection or reversal candles we can open a short order to exhaust at the trendline support .
The AUDUSD is traveling in a channel, with a completed harmonic pattern. if all entry requirements will be met we shall buy to the roof of the channel which is a trendline resistance .
Next week we are expecting the Yen to short if all entry requirements are met at the potential reversal zone (PRZ).
The Kiwi will buy if in the potential reversal zone bullish reversal candles or rejection candles are printed next week .
Silver is about to go long after reversal signs are printed at the potential reversal zone
We wait to see where the breakout goes. but am expecting to the upside based on my strategy. but we wait for the reaction before initiating entry
apple has fallen below the 38.2 fib level so we look for its reaction at the 50% and 61.8% levels
Bitcoin is back on the bullish run. This time our target is at 61825.68 because it retraced to the 50% fibonacci retracement level hence our target is exactly at the 161.8 extension which is the figure above.
The Canadian dollar/Swiss franc is in a corrective phase. We expect the price to decline to at least the 0.382 fibonacci retracement level after which we shall expect a reversal to continue the initial bullish move.
We may see a potential decline in price from the current price as the Yen is showing rejection. If the price decline continues, then the bat pattern's CD leg will be completed at around the 105.726 to 105.371 zone.
Bitcoin is in a corrective mode. We'll see it to at least the 0.382 fibonacci retracement level after which we expect a further upside.
BTCUSD tested trendline support, broke above horizontal resistance, retesting as support. From where an upside move is expected to exhaust at the trendline resistance.
Hello traders, the pair is in the process of completing the CD leg of the bat pattern. Entry can be opened after a pullback to 127.000
The composite just completed a gartley pattern. TP1 is at 38.2% retracement of AD.