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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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EURUSD – Second wave might be in place – September 30th, 2021

Wave (2) turned out to be longer. There’s a possible flat pattern in wave ((b)). The current downward five-wave price movement is likely wave ((c)) of Y, which is almost over. However, as long as the price remains below the high of wave (iv), we can’t rule out a further decline.


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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USDCHF – Zigzag might be in place – September 30th, 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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EURUSD – Second wave is over – September 28th, 2021

Wave (2) turned out to be longer. There’s a possible flat pattern in wave ((b)). The current downward five-wave price movement is likely wave ((c)) of Y, which is almost over. However, as long as the price remains below the high of wave (iv), we can’t rule out a further decline.

USDJPY – Diagonal to continue – September 28th, 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 risky, so we’re going to have a few days of consolidation.
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