This week range period should be over by Friday the latest, thus hitting the resistence, before going more down. One more push down to 176 fib is expected to the 1.1050. There is big daily support at 1.1070-75 that needs to be broken.
In 4h time frame, we already got into bullish zone, break of 144 ema and bounce of it. 15 min time frame maded bullish channel, which still waiting for one more bearish move. Break of 15min channel will send price to 1.11 price level. bull-capital.com
We are waiting for bullish confirmation and break of bullish triangle to the upside (current resistence). Our Ultima system already gave us signal but for more conservative approach, we are waiting for break of the resistence. TP is at 1.1208 Our Tradingview analaysis are still 100% correct. bull-capital.com
Price is likely to go one more push down to 176 fib (1.1063) thus completing falling wedge pattern. We are waiting for the bullish break of the resistence line. Our target is 1.1125
Pair recently reached 176 fib, our final target. There is smaller chance of another bounce of resistence and making double bottom. But we are trading long and breaking of the channel. Those more conservative can wait for break of the channel, which we usualy do, but in this case, we already entered the trade. Target is 1.1077
This is our favorite pattern, wedge. In this case, the rising wedge. If price make a bullish move, it will go to 76 fib and resistence line at 1.3320-30. Also finishing the pattern. But we are not trading that, but waiting bearish break of the bearish pattern. When you see break of support line (lower), you can enter the market. Target will be at 1.3193 bull-capital.com
GBPUSD bounced of 21 ema, support trendline and wizz (our indicator). With one more swing up, price should reacj 176 fib and resistence line, thus completing rising wedge pattern. We can imedeatly enter the market. And once again, risk to reward is much into our favor. Bull Capital still have 100% accurate analysis on Tradeview. In long term, our analysis was 82%...
Price twice bounced of 168 fib, finishing bearish channel pattern. It can still make one more move down but we are waiting for upside break of the channel. After price breaks channel, making new high from Friday, we can enter the market.
Price bounced from lower channel and also from 144 ema from upside. We can expect retracement back to 1.1070
EURJPY is at the end of bearish type wedge pattern. It's also bouncing of 144 ema from downside. On friday or monday we can expect break to the downside toward 116.30 Pending order need to be placed below 117.50 Upside break will cancel this scenario and pending order needs to be deleted.
EURUSD is in range channel. Pair have tendency for more bearish movement and it is in bear zone. Putting pending order below lower side of the channel and waiting for the break. SL above fib 78.6 at 1.1081
GBPUSD is near end of falling wedge pattern (bullish) and near 423 fib (final fib). When price break triangle to the upwords, we will have bullish trend.