Nortron

Nortron

I beleive AUD USD will head Down... It's Triple topped on the hourly, it's breaking the daily 61.8 Fib Area...

Nortron Updated 

Will it break the trend line or bounce back up? It's also sitting on a fib line... Personally I think it's going to bounce back up as the daily trend seems to be heading up...

Nortron

Retested the Trend line then headed back up...

Nortron

This Fib was drawn on a daily chart, that goes back to mid 2015... looks like it's bounced off the 61.8 mark, and has recently made a lower low, which in theory breaks structure, so possibly it might drop for a while now... My goal is about 78.400 to start, but more then likely it will keep dropping to make a lower low...

Nortron

Seems to be following structure rules down now.. Bounced off the 61.8 level, and is heading down... I expect it to go below 1.3600 to create a lower low again... Might take a couple days, but will be worth the wait... Setting Stops just above the last lower high (1.06500 area)

Nortron

Originally I mentioned it looked like it would create / complete a "W" pattern, which I think it still will do in the long run, looks like it's tested the same area for a 4th time now, it should keep going down now...

Nortron

Looks like AUD/JPY will bounce up, off it's strong 4HR Trend line... If this trend line Does break, expect large drop down then... I'm currently Long, expected target 80.300 ish range...

Nortron Updated 

Hitting some Major resistance, and looks like it's attempting to form a "W"... Long Term Trade, but could pay off nicely!

Nortron

It's bounced down from some VERY strong resistance points already (Yellow circles), broken a long standing trend of Higher Lows. I believe this pair will continue down for some time, until at least the 61.8 Retracement Level(Which will be my TP Area) This will be a Long Term Trade, probably at least a week or two.

Nortron

Looks like it wants to bounce up from the 61.8% Level... Lets see what happens...

Nortron Updated 

Assuming the 4H candle closes below the 76.40% level, I think we are going to see a Massive Drop here... Below this level there is NO support except back in 2015 and 2011... Thoughts?

Nortron Updated 

Pretty strong 4 hour Trend Line... Looks like it's going to bounce and continue up...

Nortron

Looks like it's bounced off the 61.8%... How high can it go?

Nortron

Will it bounce off the 61.8%? or Break it? Personally think it will bounce back down... Lets see...

Nortron

Seems like a valid BAT pattern on both H4 and H1 charts, and it's hitting an H4 Trendline... Could possibly turn then drop from here....

Nortron

Currently hitting a long holding 4 hour trend line.. As well as a valid Shark Pattern showed up about 3 hours ago... Looks like it's going to turn back down soon.

Nortron

Valid Shark Pattern.... Hitting the 4H Trend Line... AND Double Bottom on the 1H chart... I bet it's going to bounce back up!

Nortron

Seems to be having a lot of trouble breaking this 4 hour Channel Top... I think it's going to drop really soon...