In D1 I see an ending diagonal that could possibly go down hard. In H1, we are consolidating on the trend line. The green line is the weekly trendline. I long term and very low risk play if it breaks to down side.
It's possible that the consolidation of this pair is done. With this flag in H1, it's maybe the best entry to get a long term 4000 pips. But, it's still possible to see one more impulse up before the big move.
After the impulse down, this consolidation in weekly is maybe over. We could have a huge down move starting now.
Following my long term view with AUDUSD, I think it could do one more down move this week. I see a flag in H1 and another one in H4, if it does not change, it tells me that it will maybe go to the weekly trendline. After that we will see if the consolidation is over and we are going down, OR if we will see the E wave I think it will do.
I took a long position at the blue line, according to the long term view, it could be a really nice one.
I am looking to short EURGBP, waiting for a good entry pattern. Still could go higher, testing the last high.
After the impulse down, this consolidation could last a while. Boring trade but for now the risk reward is not that bad. Stop under the last low. Target is FIB 50 or 618 if it goes quick.
I think this pair will reverse soon to complete a ABCDE pattern. It would complete the consolidation. If I am right, we could take long trades for a while before to see the pair going down. If I am wrong, it will be the alternative scenario (in red). Wait for the good signal to enter the trade.
This pair reached the level I tought it would. Now we need to see down move signal.
I see a good impulse up, consolidation probably done and the next leg up is coming, at least to 1.27.
The long term view (weekly) is aligned with the H1 view for now. Maybe a perfect entry short now with low risk and huge reward if you can hold this trade for weeks. Could go fast.
I think we might see this pair go higher if this pattern confirm. Would make a perfect daily flag and increase the chances to see this pair go lower. At this point, I will try to find an entry long if the pair offers it. It would make me more confident to go short after that if the target is reached.
This is my view. It consolidates before to finish the larger consolidation. Short for few days, looks good in H1 to go lower. Then long after that.
I changed my mind on this pair, I am not sure if there is another impulse down to meet the lows. I think it's a big consolidation and we will see after that. I am short to the trend line.
In my opinion, EURUSD has completed the ABC pattern and is now in the B wave following a new impulse up. Keep it simple.
I see for this pair a flat in the weekly view. This pair will go down for a while because it's in a flat in the daily view also. If it could touch 1.4425, it's possible to see a huge run up to go finish this pattern.
I see a nice weekly down impulse, followed by a consolidation that might be done. It's possible to see that pair go higher for more more up but it will go down for sure to complete the big ABC.
I see an weird first impulse after the crash of 2015. And then a beautiful expanded flat that may be done. If it's it, we should see a nice impulse up to 1.05 and higher in the coming months.