FibnFork

FibnFork

It's quite clear visually that when you look at the December peak in 2013 and subsequent bear market into 2015, it looks remarkably similar to what has been happening since December 2017. So how about the recovery? If we put Fibonacci retracements on both we can see them line up well with various lows/highs (resistance). So, after similarly breaking the Yearly...

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Following the dismal US jobs reports & the in line Canadian jobs data, the loonie had a significant reversal through the median line & the key trend line.

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Aussie trying to break back through 3 key levels: The flash crash close @$0.70053 38.2% slope on pitchfork 50DMA

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A very strong week off the key support levels, has pushed the EURUSD through trend line resistance. We've seen sharp climbs and reversals throughout 2019 so far, and we'll stay with that focus until the key levels in the red box are cleared. 200 Week and 200 Day moving averages 61.8% fib slope (dark blue) of decade long pitchfork 75% slope (light blue) of...

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Slide to the bottom of this range for $, sitting at the 100% extension off the double top, and previous lows made in May. 100DMA is just below, alongside the trend line. That would be the key target to break to build up momentum on a potential top being in place.

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After briefly hitting $9k & subsequently reversing sharply, bitcoin could find support on the 100% extension (ABC correction with A=C). Along with this extension is another support level (FEB 2018 reversal close). The key support is lower though, around $7400. If that breaks expect a dip below $7k.

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Quick crash into a key support area for crude. We have: 100 DMA 38.2% retrace off the entire 2019 advance Key pivot area 100% extension of initial April decline Parallel Slope off April->May highs added to May lows (clear on 4hr chart below) 4h chart:

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Following the steep decline after breaching below the median line in this pitchfork, the lower slope has already been called up to act as support. Alongside this we have the 78.6% retrace off the feb 2016 lows to all time highs & a potential trend line On another note, we haven't been this far below the 200 daily moving average since that february low. Currently...

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Key resistance is the September 2017 high/February 2018 low @~$100, which is also the 50% retrace of May->Dec decline

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Pink dotted slope is the key resistance level to break for xrp. $0.374 is the immediate support level, break through there and a re-test of the smaller pink slope will come into focus

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Key resistance for eth: Pitchfork slope 23.6% retrace of May -> Dec decline 1000 Day moving average Break here and $360 is the next target

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On chart are the clear horizontal support and resistance levels for bitcoin. The recent top of $8390 is a key resistance level for bitcoin, having been a key pivot point through sprint 2018, and then ultimately calling the top in July. Alongside this level is the 38.2% fib retrace of feb->dec decline. A break through here would be significant, with a lack of...

FibnFork Updated 

Bitcoin is now 100% off it's December bottom. While most speculators were trying to convince themselves that crypto was dead, and this was yet another bull trap, bitcoin had been breaking key resistance levels. And now we've finally reached the 23.6% retrace off the entire decline from the all time high peak of december 2017. Alongside this level, we also have the...

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As I'm writing this the reaction off resistance has been sharp After breaking every moving average, most recently the yearly average, bitcoin is now re-testing the 2018 range bottom @~$5900. A break back above this level (which was the catalyst for the November crash) would be a significant sentiment shift for cryptocurrencies. Rallies throughout 2018 were sharp...

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Post RBA interest rate hold rally has been dampened by US-China trade deal negotiations souring. This dip is coming into a crucial point. 50% retrace off the weekly low -> post RBA high The flash crash close

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Key pitchfork formation holds, with a relatively strong rebound last week. We open this week on key technical levels @ the 61.8% retrace & pink slope. Ultimately the lack of momentum in either direction holds. Daily levels 4hr pitchfork

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Following last weeks break of the key resistance area of $97.42 (high week close) & the 61.8% retrace off 2016-2018 decline. The rally stopped right on the key parallel slope (black dotted) & maybe the green dotted parallel could also play a resistance role. Loads of data this week: FOMC wednesday Super thursday NFP friday Daily levels 2 Hour 2 pitchforks

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After clearing the 200DMA, oil has spiked into the 61.8% retrace of the 2018 decline. Coinciding with this fib level are the lows set in July and August 2018. Similarly in October 2018 the highs were set when prices ran into the 61.8% retrace of the 2014-2016 decline & also the lows made in 2011 & 2012. 4h pitchfork 2h pitchfork