SBTA_UK

SBTA_UK

With the vote failing it is time for a downwards spike, fibo SL and TP shown.

SBTA_UK

USDCAD looks like it is going to confirm it's swing retrace over the coming hours / days. SL and TP shown, please lock into profit and consider taking profits at each fibonacci level.

SBTA_UK

It is time to get back into fully discussing Brexit as we are now roughly 48 hours away from finding out the mid to long term fate of the pound. I am just going to start by saying that i recon the British Pound is set to GO UP in value, and quite considerably so if we can avoid a no deal outcome. Whilst i think the direction will be upwards, lets not forget...

SBTA_UK

Upside is signalling on both the 30 minute and 4 hour time frame charts. Fibo retracement shows that the price seems to be holding around the 0.5 fibonacci region.

SBTA_UK

Upside for USDJPY after testing and breaking through the 112.00 zone, 112.500 TP with a tight SL at 111.750.

SBTA_UK

Long position available on the 4 hour chart, where the price has once again found support and seems to be on it's way back upwards.

SBTA_UK

Clear support found at the upwards trend line shown, from this a move back upwards to test resistance at the fibo level shown.

SBTA_UK

Downside on USDCAD after a bullish afternoon due to the dollars momentum. Doesn't seem to show the potential to keep going much further on higher time frames, a long with a negative trend capping the price.

SBTA_UK

EURAUD looks like it will continue to fall after failing to find strong support at the trend line shown. The price is now comfortably below the 0.5 fibo area, this represents a failure of retracement and further downside.

SBTA_UK Updated 

Lets kick start the week with a short term sell off for USDCAD whilst it tries to find its support.

SBTA_UK

Looks like a solid buy in as the price just can't seem to budge below the current level. This also lines up with fibonacci 0.5.

SBTA_UK

Time to sell this pair down to the levels shown. Failed at 0.5 fibo.

SBTA_UK

Ready to sell on the 30 minute chart and 4 hour charts, a long with the price being trapped in a nice falling wedge.

SBTA_UK

Still biased to selling EURUSD so thought i would reshare the chart so everyone had a fresh idea of what could happen next.

SBTA_UK

Sell off for this pair looks to be underway after completing a harmonic butterfly on the 4 hour charts and also being capped by a negative trend line. Expecting it to break through support.

SBTA_UK

Huge sell off for EU after hitting resistance and failing, re confirming the original sell.

SBTA_UK

Trapped by a negative trend line currently, with an overbought status. Retest of support is on the cards.

SBTA_UK

As per previously on the chart you can see that the price has been limited by a negative trend line acting as resistance. From this, expect a sell off to support highlighted before another bounce upwards.