FibnFork

FibnFork

Probing lower into the 50% retrace of Jan climb, 100% extension lower & 50DMA. Also a good pivot level. 30 min chart

FibnFork

gbpnzd pushing into median line of solid formation. Also a key pivot level (december high) & 38.2% retrace off move lower through late January 30 min Daily look at pitchfork

FibnFork

Last week to end the month the kiwi spiked into it's long term 38.2% slope setting up a short opportunity. Also coming off trend line resistance (pink dashed) & shifted back below the median line in this upside pitchfork. Also an RSI trigger break below trend line supports a move lower. Weekly pitchfork 30 min levels

FibnFork Updated 

The similarities in price movement of the late 2017 explosion, steep decline into a range throughout most of 2018 & then spectacular collapse late in the year are remarkably similar to the price movements of 2014-2015. Also notable the the slip below 30 RSI in January 2015, also matches with the dip in December 2018. The question is are fractals a pointless...

FibnFork Updated 

Rally off the lows shift focus to key long term slope which has been pivotal since catching the high in summer 08, pivoting price through 2014-2015, and catching the recent low in Feb 2018. Daily look:

FibnFork Updated 

Crude pushing to the top of this channel formation after easing through the pivot resistance of ~$54.55. 38.2% retrace of the 2018 decline & 50% slope of long-term slope in focus. Also note the RSI divergence in this channel. 30 min chart:

FibnFork Updated 

A less well defined pitchfork formation as the nasdaq, but still coming in to what could be a key level for the SPY. Daily

FibnFork

After a strong rebound off median line (helped by various amendments failing to pass yesterday) the gbpcad has found itself at the 32.8% retrace, 32.8% slope,161.8% extension & key pivot level. 30 min

FibnFork

Following the trend of £ pairs nearing key levels, the GBPCAD has moved to the median line in this pitchfork formation, also coinciding with the 50% retrace of March - August move lower & also the key pivot level post brexit vote.

FibnFork

Aggressive rally by the £ has pushed eurgbp back to bottom of the range we've sat in since 2017. The 50% slope for pitchfork also coincides with this level

FibnFork

Cable pushing into good zone of resistance with the top slope (trend line), solid pivot in price going back to june bottom & the 200DMA 30 min

FibnFork Updated 

The gbpnzd has moved into a confluence of resistance. The 100&200DMA, 50% retrace of october-december decline & the 25% slope in the pitchfork. 30 min

FibnFork Updated 

euro slowly drifting towards the lower slope in this pitchfork formation, which also coincides with the trend line (pink) & the long-term 50% slope (dotted blue). Also note dxy chart 30 min

FibnFork

Daily After the "false" break out of the range, the dollar index is retesting the 50% slope in this defining pitchfork.

FibnFork

Kiwi extending last weeks decline into the 50% retrace of the 2/1 -> 15/1 advance. Also been a strong pivot in price going back to July last year. Slope of pitchfork also near this region. 30 min (some rsi divergence at this level):

FibnFork Updated 

Edging closer to meeting of the 61.8% retrace of 2018 climb & the lower slope of the pitchfork. Lower trend line (pink) also important. See initial reaction to this point. 30 min pitchfork too:

FibnFork Updated 

With support being found on the lower slope, the kiwi is edging it's way towards a confluence of resistance, with the median line, 50% retrace of the leg lower overnight (38.2% retrace of longer move down) + the 200&50 DMA

FibnFork

After the perfect bounce off the lower slope in this pitchfork, the strong recovery has moved to the median line, 61.8% retrace of the december decline & the 50 DMA