4 hour EURUSD:
The wave 5 (blue) is often completed at the 61.8% Fibonacci target.
60 min EURUSD:
The Fibonacci retracement levels could be the turning spot for the continuation of wave 5 (blue).
GBPUSD
4 hour GBPUSD:
The GBPUSD is most likely consolidating for a wave 4 (blue
...4 hour EURUSD:
Wave 4 (blue) finally concluded after a long drawn out consolidation and a break, pullback, and continuation could now occur.
60 min EURUSD:
Price fell through support and could continue to lower Fibonacci targets this week.
GBPUSD
4 hour GBPUSD:
The GBPUSD is
...4 hour EURUSD:
Price is not moving away from the resistance. If price breaks through it, then the invalidation level of the current wave 4 (blue) count is at the bottom of wave 1 (blue).
60 min EURUSD:
Although price is at resistance on a higher time frame, on this chart
...4 hour EURUSD:
Yesterday price retraced back to the 50 Fibonacci retracement, which is usually the maximum pullback for a wave 4. The invalidation level of the wave 4 (blue) count is the bottom of wave 1 (blue)
60 min EURUSD:
A smaller consolidation (red&green) is appe
...4 hour EURUSD:
The EURUSD bounce at the support trend line (green) could be part of wave 2 (red) which has an invalidation level at the top of wave 1 (red). This Wednesday’s FOMC event however could drastically change the landscape: one of the alternative wave counts wou
...