USDCHF – Diagonal might be in place – October 5th, 2021

A three-wave advance finished below 0.9199, so wave ii might have been in place. If correct, bearish wave iii has begun, so the market should continue declining in the short term.

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GBPUSD – Fourth wave might be in place – October 4th, 2021

We can’t rule out that wave (4) is over in the form of a double zigzag with a triangle in wave X. If correct, the current advance is wave ((i)), which might have been in place. In this case, we’re likely going to have wave ((ii)) in the short term. A third-wave advance should begin …

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USDJPY – Higher to finish diagonal – October 4th, 2021

The market has been rising since a pullback from the diagonal’s lower side happened. As you can see on the 30m chart below, the fourth wave of wave (c) is likely over. If correct, the market should break the high of wave iii during wave the fifth wave unfolding.

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USDCHF – Diagonal might be in place – October 4th, 2021

A three-wave advance finished below 0.9199, so wave ii might have been in place. If correct, bearish wave iii has begun, so the market should continue declining in the short term.

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GBPUSD – Fourth wave might be in place – September 30th, 2021

We can’t rule out that wave (4) is over in the form of a double zigzag with a triangle in wave X. Also, there’s a triangle in wave ((b)) of Y. Wave ((c)) might have been in place, so it seems like the fourth-wave correction is over. However, as long as the price remains below …

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USDJPY – Diagonal to continue – September 30th, 2021

The market has been rising since a pullback from the diagonal’s lower side happened last week. As you can see on the 30m chart below, there’s a five-wave price movement, which is likely wave iii. If correct, wave iv is already underway, so we’re going to have a few more days of consolidation.

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