The channel’s lower side has acted as support, so the fourth wave of wave ((iii)) might have been in place. If correct, the current advance is the first wave of wave (v). In this case, after a short break, the price should continue rising towards …
GBPJPY – Bulls to break the last high – July 28th, 2021 Continue to charts & full analysis »
We can’t rule out that an ending diagonal in wave (v) of ((a)) hasn’t been finished yet. In this case, the market might break the high of wave iii in the short term. However, a pullback from the pattern’s higher side will suggest that a …
Dollar Index – Higher to finish diagonal – July 27th, 2021 Continue to charts & full analysis »
An ending diagonal in wave (v) of ((a)) is likely going to be even longer. In this case, the market should break the low of wave iii in the short term. However, if another pullback from the pattern’s lower side happens next, there’ll be a …
EURUSD – Lower to finish diagonal – July 27th, 2021 Continue to charts & full analysis »
Wave (D) of the triangle is likely over because of an ending diagonal in wave ((v)) of C. It seems like wave ((ii)) has finished in the form of a flat pattern, so the current decline highlights an opportunity to have a bearish third-wave. The …
USDJPY – Flat pattern is over – July 27th, 2021 Continue to charts & full analysis »
There’re a leading diagonal in wave a and a zigzag in wave b, so it seems like wave (b) is taking the form of a zigzag. Previously, we had a bullish impulse for wave (a). In this case, the market should break yet low of …
USDCHF – Market to break the local low – July 27th, 2021 Continue to charts & full analysis »
There’s a five-wave decline, which is supposed to be wave ((a)) of a fourth-wave correction. In this case, the current advance is likely wave (a) of ((b)). If so, the market should finish an upward impulse for wave (a) in the next couple of days. …
Bitcoin – Upward correction to continue – July 26th, 2021 Continue to charts & full analysis »
It seems like wave 4 is taking the form of a triangle, which hasn’t been finished yet. Previously, there was a massive extension in wave 3. In this case, we’re likely going a few more days of consolidation before wave 5 begins.
There’s a downward double zigzag, which is supposed to be the fourth wave of wave 1. Previously, we had a massive advance in wave ((iii)). In this case, the market should begin unfolding wave ((v)) of 1 in the coming days. Alternatively, wave ((iv)) might …
EURJPY – Fifth wave is underway – July 26th, 2021 Continue to charts & full analysis »
The fourth-wave correction might have been in place in the form of a double zigzag. If correct, another upward impulse is likely at the early stages. In this case, as long as the price remains above the low of wave 4, the bullish opportunity will …
NZDUSD – Fourth wave correction is over – July 26th, 2021 Continue to charts & full analysis »
