jeanienyc

jeanienyc

So possible short then long/Price has hit and seems to have rejected 127.2% extension...possible pullback to previously broken daily T/L then higher

jeanienyc

This pair is called the loonie for good reason, at least for me :)

jeanienyc

also hit 127.2% extension like the $DXY

jeanienyc

Price running into 127.2% extension and previous daily S/R Zone (looks very bullish though)

jeanienyc

at hourly 50% and previous S/R zone

jeanienyc

Possible Long after drop to T/L (3rd drive too) & 50% & previous S/R zone (interesting how each fib level also is a good S/R zone)

jeanienyc

Possible drop to 23.6% which is also previous S/R zone and daily T/L for long

jeanienyc

Drop to 38,2% which is also previous S/R zone, then higher with a few pit stops along the way

jeanienyc

Drop to 23.6% which is also previous S/R zone then higher

jeanienyc

Drop to previously broken T/L, and previous S/R zone, then up to 38.2% and previous S/R zone

jeanienyc

Daily T/L & Previous S/R....Maybe possible rally to next previous S/R zone above (marked on chart)

jeanienyc

close below is 61.8%, below that is measured H&S Target, which is also god previous S/R, then below that is a long term daily T/L

jeanienyc

More reasonable, and likely that price could rally to the underside of the Neckline of the H&S....then lower...or drops like a rock here and goes to T/L or H&S target

jeanienyc

At 50% and previous S/R Zone and between 127.2% and 138.2% extensions Might find decent support here for rally to previous resistancel...& then eventually down to daily T/L or to the completion of the H&S

jeanienyc

rally to 23.6% which is also previous S/R and T/L -hen lower to previously broken T/L -hen higher to previous S/R-then DOWN

jeanienyc

Might find decent support at 127.20=127% extension & 38.2% & previous S/R zone all come in at a similar level...& then eventually down to daily T/L or to the completion of the H&S (or it bounces from here :)

jeanienyc

Price seems to have found support at T/L previous S/R and 50% on 4hr-my opinion on possible scenario still on chart

jeanienyc

Drop to previously broken T/L and 50% and S/R zone then higher to take out previous high around 107, then lower