4 hour EURUSD: the smaller triangle was finally broken and price is now approaching the resistance level (orange) of the bigger consolidation zone which is a bounce or break spot.
60 min EURUSD: due to the bullish price action the wave count has been changed to show a co
...4 hour EURUSD: a 4 hour wedge remains intact as long as price stays within the (darker) orange and green trend line.
60 min EURUSD: price is building a very tight correction (see trend lines) within the bigger wedge. A break below the support (green) could indicate the
...4 hour EURUSD: yesterday's price action was unable to break below the triangle support (green trend line).
60 min EURUSD: if the count indeed is impulsively bearish depends on whether a bearish break below the wedge will occur.
GBPUSD
4 hour GBPUSD: the Cable stopped is at
...4 hour EURUSD: price is unable to escape the consolidation for the moment and is contained by the 2 trend lines (orange and green).
60 min EURUSD: if the count indeed is impulsively bearish depends on whether a bearish break below the wedge will occur.
GBPUSD
4 hour GBPUSD
...4 hour EURUSD: positive NFP figures sent the EURUSD lower on Friday but price was not able to break all of the support (green trend line).
60 min EURUSD: a break below support is required before a continuation of wave 3 (green) is probable.
GBPUSD
4 hour GBPUSD: the Cable
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