Gold (USD)

Gold (USD) H4 is likely emerging the ABC correction, supported by Bearish Gartley formation on M30. 

GBPUSD

Cable Intraday might reverse on this price level. If it so, it need to break 1.5950 for completing Bullish Bat Pattern.  

Silver – BeABCD (part 2)

I forgot to draw Bullish Wolf Wave on previous trend, where its target line is also resisting D High of BeABCD.

EURUSD - BeGartley

EURUSD Intraday is confirming Bearish Gartly. Classic target profit will be around c leg for TP1, a leg Price for TP2 and Bearish ABCD formation will be my TP3.  

USDCHF

USDCHF intraday is as expected, which is supported at 0.50-0.618 AB. Price could break down to another medium support at 0.9997 area. But this pair is still expected for another bullish move to 1.0275 area or 1.0370 for  completion of butterfly pattern.

AUDUSD Potential for Reversal at this level to continue Bullish Trend. This area is 0.50-0.618 retracement from the recent high.

Green Back ?

I most of my analysis is buying on USD. The only thing I still sell the USD is on GBPUSD. I still have Bullish bias on Cable, but it could brake the recent low soon. GBPJPY hourly chart is potential for bullish reversal, so it could be another indication for Cable’s Strength.

Interesting Buying USD is on USDJPY and AUDUSD, both are at very good potential for reversal formation.  

 

USDJPY

USDJPY complete the AB=CD formation, and it is expected to reverse in this level with SeaHorse Pattern or Impulse Harmonic.

(and) EURJPY

Potential Setup for This Week

AUDUSD

USDJPY

GBPUSD

GBPUSD

Cable is expected for AB=CD potential in H4 before it complete the Long-term Bearish Bat pattern.

 

All Potential Pattern for Today

EURUSD

GBPUSD – BeBat

I haven’t update my blog for awhile. I have been so busy and only analyze GBPUSD only. I posted my Cable analysis for Bearish Bat Pattern in H8. and now it likely Cable will complete the pattern.

Those are 14th June’10 analysis and current pattern picture.

 

GBPUSD – Bearish WolfWave

GBPUSD – Bearish Bat Potential

The Cable might build bearish Bat potential on H1.

 

GBPUSD

Cable built Bullish Bat in H1 chart, and Impulse Harmonic in M30 chart. If the 50% from the high of 1.4525 in M30, likely Cable will continue to go short.  I am watching Cable to break 1.4370 to confirm the up trend.

GBPJPY

The pair continue to move lower and building a Bullish Crab pattern.

USDCAD

The pair seem to move higher and building Bearish Bat pattern.

USDCAD

Emerging Bullish Butterfly. The C was resisted at 0.50 of AB. It is expected to continue lower to point D at 0.9900 – 0.9800 area.

GBPJPY @ H4 – Bullish Bat Pattern

Pair is expected to make reversal at this PRZ level. It also built a positive HD in 4hrs chart.

USDCAD

This pair is trading higher with +HD on H8 chart, and expected to emerge a butterfly pattern.

GBPUSD

Cable create Impulse Harmonic Pattern on H1 and emerge Bullish Bat Pattern on H4. I am expecting complete Bat Pattern to go long. There might be another opportunity  to short cable at the 50% retracement after the completion of Impulse Harmonic.

  

GBPUSD

Cable emerge BeGartley (Bearish Gartley), and seem H1 chart is building +HD. It shall be a nice support for Cable to finishing CD leg of the pattern.