EURUSD possibly making ABC pattern , targeting 1.18
NZDUSD is at double top, and the price rejected at major resistance level, this structure could potentially give over 200 pips of profit by shorting NU.
This is the update based on my chart posted last Sunday
DXY the best short entry is when it breaks the support at yellow box, and makes a pull back to the resistance level.
GBPUSD risk to the downside is minimal, where the upside it could break above 1.32 next driven by number of factors 1- Brexit is done 95%, with PM May securing the border deals with EU 2- Double Bottom Formation 3- Bullish Gartley with perfection formation 4- Stop loss is minimal to 1.2920 level 5- Friday's closing red bar size was much smaller than previous...
EURUSD respected my risk Zone, and looking forward to a big dip that might lead to break of 1.13 level
A possible scenario for EURUSD is that ABC pattern is completed, and currently c is at .618 Fib level with solid resistance zone... If the pull back materializes, then EU might dip below 1.13
today, intraday trading target for EURUSD, long till 1.140
EURUSD completed ABCD pattern with perfection on Fibs, looking forward to long till 1.1550
The more stronger the support base, the more the bullish for EURUSD, its worth monitoring post ADP news