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The German DAX index seems to be building a retracement for a wave 2 (brown). The Fibonacci levels of wave 2 vs 1 could act as support but a break below the 100% level invalidates wave 2 (brown). A break above the resistance (orange/red) could trigger
...The German DAX index break above the resistance trend line (dotted red) after it bounced at the 50% Fibonacci level of a potential wave 4 (purple). The bullish break could be part of wave (purple) and multiple waves 1-2 (orange/green) could explain th
...The EUR/USD is building a contracting triangle pattern (orange/green) at the major support levels from the daily chart (green). A bullish break above resistance (orange) could see price correct to higher Fibonacci levels. A break below the support
...The EUR/USD made a bullish bounce at the support zone (green lines) but the rebound stopped at the 23.6% Fibonacci level. If price is indeed in a wave 2 (green) correction then I would expect price to expand the correction via a WXY (brown). A brea
...The EUR/USD finally showed a bullish bounce at the support zone and a break above the resistance trend line (orange), which is probably starting a wave 2 (green) correction. Price has reached the 23.6% Fibonacci level but typically retraces deeper
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