EURUSD
Price could be making a retracement within an uptrend (blue trend line).
An ABC correction could complete wave 2, which in turn might potentially translate into a breakout (green arrows) to higher levels.
GBPUSD
As expected,
...EURUSD
Price could be making a retracement within an uptrend (blue trend line).
An ABC correction could complete wave 2, which in turn might potentially translate into a breakout (green arrows) to higher levels.
GBPUSD
Price bounced
...EURUSD
Price could be making a retracement within an uptrend (blue and green support trend line).
The wave 4 took too long to develop so it is therefore more likely that a 5 wave has already been completed for a wave A or 1 (black). Price could be mak
...EURUSD
Price did not manage to stay in its channel (blue) when approaching the top (red line). Is this a retracement? Let’s zoom in to lower time frames.
The wave 4 (green) has indeed bounced at the 38.2% Fibonacci level. Now there is a chance for pr
...EURUSD
Price is neatly travelling in an uptrend channel (blue), but be cautious of the resistance (red and orange).
The wave count could has been extended. The wave 4 (green) Fibonacci levels could still be a bouncing (green arrows) spot at the 38.2%.
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