a new wolfe wave completed on daily timeframe and Aussie is waiting for trendline break to get bullish
in lower time frame we see an inverse head and shoulder which fortified our analysis
this bull move is aligned with DXY bearish tone
so we think that pair will move upward toward 0.74 which are place of kijensens of ichimikou
after this bullish move pair will go down for its monthly kijensen of ichimikou
please see the monthly chart with ichimikou turned on ,then you see a very nice OA pattern for kijensen and tenkensen indicating that final destination of pair is 0.6463 after this upcoming bullish move
please share your comments
tnx
in lower time frame we see an inverse head and shoulder which fortified our analysis
this bull move is aligned with DXY bearish tone
so we think that pair will move upward toward 0.74 which are place of kijensens of ichimikou
after this bullish move pair will go down for its monthly kijensen of ichimikou
please see the monthly chart with ichimikou turned on ,then you see a very nice OA pattern for kijensen and tenkensen indicating that final destination of pair is 0.6463 after this upcoming bullish move
please share your comments
tnx
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.