Source: Admiral Markets MT5 with MT5SE Add-on GBP/USD motive wave
The GBP/USD is building a triangle pattern after breaking below the support line (dotted blue) of the downtrend channel. A new bearish breakout could indicate an immediate continuation within
Source: Admiral Markets MT5 with MT5SE Add-on GBP/USD motive wave
The GBP/USD broke the support line (dotted blue) of the downtrend channel. The bearish breakout is behaving very impulsively, which indicates that the swing is a potential wave 3 (green). A be
Source: Admiral Markets MT5 with MT5SE Add-on USD/JPY motive wave
The USD/JPY bearish channel is staying within the support and resistance trend lines, which probably makes it a wave C (pink). However, price will need to break below the bottom of wave A (pi
Source: Admiral Markets MT5 with MT5SE Add-on USD/JPY motive wave
The USD/JPY downtrend channel is now challenging two key support trend lines (blue). The support zone is a critical spot for a bullish bounce or bearish break. A bullish bounce could indicate