


MyCryptoCorner
Looking at the daily specifically we see multiple rejections of the 1.41 0.50% monthly fib level h4 trendline has been broken and tested so am expecting a lower low to 1.395 before a pullback to entry level. tp set at previous daily and weekly low whereas sl is slightly above the highest high of either shoulder in the h&s pattern
CURRENTLY IN A KEY POINT IN FORMING ABCD CONTINUATION LOOK FOR REJECTION OF THE 61 DAILY FIB I BLUE AT 111.95 STOPS WERE TAKEN OUT ON THE LOWER LOW BEFORE FRIDAYS CLOSE BUT WEEKLY FAILED TO PUSH FURTHER INTO AND BEYOND 61 FIB THIS FOLLOW MY GENERAL TREND FOR THE WEEK ON BULLISH DOLLAR AS I AM SHORT GOLD AND BEARISH AUDUSD
AUDUSD WEEKLY HAS STALLED YET AGAIN OF THE 0.23 MONTHLY FIB WITH 3 SPINNING TOPS WITH VERY SLIM REAL BODIES; LOOKING TO TAKE ADVANTAGE OF FRIDAYS REJECTION OF 0.77 AND A BREAK OF THE H4 TRENDLINE LOOK FOR ENTRY AROUND 0.769 TAKE PROFIT SHORT TERM WOULD BE ABOVE THE H4 EMA MA CROSS OVER AT AROUD 0.76 SUPPORT ULTIMATELY PRICE COULD FALL TO 0.746 MONTHLY FIB LEVEL...
WAIT FOR A TEST OF THE BLUE RECTANGLE INBETWEEN 1250 AND 1255; THIS AREA REPRESENTS THE 61 FIB HANDLE FOR BOTH A DAILY FIB AND THE WEEKLY
simple! monthly view presents second rejection of the weekly 0.61 fib daily presents a pullback today h4 presents entry opportunity whn trendline is applied
EURUSD COMPLETION OF ABC PATTERN AND H4 BREAK OF THE BLUE TRENDLINE GIVES REASO TO BELIVE PRICE WILL HEAD FOR D TARGET
LONG EURAUD ALONG WITH EURUSD ATM; EURUSD COMPLETE OF ABC PATTERN AND BULLISH BREAKOUT TOWARDS D IS CONFIRMATION FOR THIS TRADE EURAUD HEAVILY OVERSOLD ON MOST TIMEFRAMES; LOOKING FOR A MINOR PULLBACK TOWARDS MAJOR SUPPORT TURNED RESISTANCE 1.4 STILL BEARISH ON MONTHLY HOWEVER WITH ANOTHER ABC PATTERN COMPLETED AND A CONSIDERABLE PUSH SOUTH FROM THE 61 FIB LEG ALREADY
going short at the foment would present best r and r. simple chart, weekly Fibonacci. targets could go further act accordingly
simple, im short from around 20 minutes ago at 1.2530. watch for h4 close below weekly 0.38 fib at 1.2520
ORANGE JUICE IS APPROACHING A KEY HISTORICAL LEVEL AT 200§ FIRSTLY WE LOOK AT THE MONTHLY WITH A 30 YEAR SPAN, AND WE NOTICE A TRIPLE TOP HAS ALREADY OCCURRED THE FIRST TEST F THIS KEY LEVEL BEING IN THE LATE 80S THE NEXT TEST BEING A PRE 08 RALLY THAT OCCURRED BEFORE THE MAJOR CRASH BACK THEN EACH TIME WE APPROACH THIS LEVEL PRICE RETREATS STEEPLY THE ONLY...
FIRSTLY TAKING A LOOK ON THE MONTHLY CHART WE CAN SEE LAST MONTHS STRONG TEST OF THE 50 FIB AND THE DESCENDING TRENDLINE IT HAS SO FAR ACCEPTED, BUYER POWER BROKE DOWN AND THE CANDLE ENDED AS A BEARISH SPINNING TOP, SO FAR THIS MONTH WE HAVE TESTED BOTH THE UPPER TRENDLINE AND THE 55MA AFTER RETREATIG LAST WEEEK THE DAILY CHART IS WERE I HAVE DRAWN A HEAD AND...
i am currently short on nzdusd from today's UK session test of the 50% weekly fib. entry at 0.7475 a possible trend line could form if the reverse continues, price has currently retreated below the weekly 200EMA a close below would be further confirmation. daily chart is forming a bearish engulfing pattern and a close below 0.74 level further...
PRICE ON THE DAILY CURRENTLY SITTING WITHING A MAJOR BUY ZONE, AS YOU CAN SEE BY THE POINTS HIGHLIGHTED IN SEPT 2015 AND ALSO 2014 ZOOMING IN A LITTLE THE DAILY CANDLE FOR FRIDAY TIRED A STRONG PUSH BEARISH POST NFP BUT THE 8/1 FAN ZONE KEPT IT IN CHECK FORMING A NICE DOJI. A BULLISH DAILY CANDLE TOMORROW WOULD INDICATE A HIGHER LOW AND WOULD INDICATE FURTHER...
H4 VIEW OF A TRIPLE TOP FORMATION AT 0.7650, PRICE HASTRIED TO BREAK PRICE MULTIPLE TIMES BUT BEARS KEEP ON PUSHING BACK,, STOP LOSSES JUST ABOVE THE DAILY FIB LINE 0.78 . WILL BE WATCHING FOR A PULL BACK DURING TONIGHTS ASIAN SESSION AS IT HUGS THE TRENDLINE IT HAS BROKEN.. TP ABOVE 0.7420
An overbought ftse is due to fall, i am short at 6700 and todays strong test and pull back from the 3/1 level further confirms bearish sentiment, first tp is at 6400 and the second set just above major support zone 6200..
Starting on the weekly chart we can see last weeks bullish engulfing candle broke the 2/1 level on the Gann Fan and the 55 Moving Average, i will be going long at 1.1110 where the ma currently sits, with a stop loss below the 2/1 level at 1.1020. H4 chart is currently on a pullback and favourable for entry, i am anticipating a break of the 0.23 fib with a tp set...