Last ABC pattern before retracement 200 pips of range 1.1301-1.1830
Long in this BC leg of potential Cypher Pattern with target 1.1841 and then sell with target 1.1625-1.1595 to complete CD leg !!!
Potential Cypher Pattern at 240min chart !!!
It looks like no retracement before 1.1829 !!! from 1.1829 retracement to 1.1628 and then up to 1.2155
Weekly Potential Bat Pattern and closing the Gap from 17 April 2017
at 1.1301 is completed fifth wave and A leg,now, I expect retracement to 0.618% and formation of B leg of a big ABC pattern !!!
ABC correction at Daily chart with final target 1.2096-12155
ABC correction at 60min chart and second correctiv EW at 240min chart !!!
This is my opinion at 240min chart
I still hold Buy position from 1.1138 whit target 1.1375-1.1398, and SL a bit below 1.1100, from level 1.1375-1.1398 I'll open a Sell whit target 1.1025 - 1.0950 (fourth correction EW wave) and from 1.1025-10952 Buy whit target at 1.1666 !!!!
I still think it will be again, visited level 1.1145 -1.1137, before the big jump up, because there, a strong base, and the reason for it, if not today, then tomorrow, even possible, a few minutes before the FOMC, when the price starts to move rapidly up and down !!! I propose to enter the buy position at that level whit SL at 1.1110 and target 1.1385 - 1.1415, as...
sell to the level of 1.1057 and buy from that level whit target at 1.1190 and 1.1263
Possible scenario for the next week !!!
Sell from levels 1.1435 whit target 1.1319 and 1.1223 !!!
Sell from the levels 1.1435 whit target 1.1319 and 1.1223
Sell from levels 1.1435 whit target 1.1319 and 1.1223