kacijackson

kacijackson

On the monthly, price has yet to reach the D extension. We had a shallow retracement on the monthly fib with a stall out at the 1.18 1.27 extension. We had weekly and daily rejection at 1.82XXX. Long term picture, I see the potential for a sell down to 1.580XX. Shorter term (4HR), I see two possibilities, price could begin to retrace from current 4HR level...

kacijackson

On the daily and weekly stochastic RSI is in the overbought zone. Using fibonacci, on the daily, price has not finished out the fib sequence to the d extension and had less than a 38.2 pullback. We hit a d extension on the monthly. Still bearish on this pair at least to 77K = 38.2 up fib retracement zone with inclination toward further downside potential to 68K...

kacijackson Updated 

Price has formed a monthly resistance level which aligns with the 1.18 and 1.27 fib extension. On the weekly timeframe, price never hit the 38.2 fib level. I believe that we are headed for a long term sell if we can break key levels to the downside. Shorter term sell, I believe we are headed to 1.470XX.

kacijackson Updated 

On the higher timeframe we've broken a down trendline and price has stalled out, not completing the Fibonacci sequence. We had a shallow retracement. I see the potential for retracement to $77K to $79K with the potential for deeper retracement to $68K should we break the key level of support to the downside.

kacijackson

I believe we are still in an uptrend to 2.16XXX. On the lower timeframe, price had so much momentum to the upside, we did not have a fibonacci retracement of at least 38.2. Price stalled out at the 1.18 and 1.27 D extension and sold to the 61.8 level. I believe the 4HR fib is still active and needs to complete. I think our next stop is 2.063XX to finish out the...

kacijackson

I believe we are still in an uptrend to 2.16XXX. On the lower timeframe, price had so much momentum to the upside, we did not have a fibonacci retracement of at least 38.2. Price stalled out at the 1.18 and 1.27 D extension and sold to the 61.8 level. I believe the 4HR fib is still active and needs to complete. I think our next stop is 2.063XX to finish out...

kacijackson

From a technical standpoint, I believe we are in for a long ride down on gold. This play takes us only to 2,386, but I believe we will end up around 2,150. On the daily we have a shallow fib retracement of less than 23.6 with a stall out and weekly resistance that formed. I anticipate price to travel back to at least the daily 38.2 with potential for a deeper...

kacijackson

Price retraced back to a level of resistance that is also the 50% fib level to the downside move, after a deeper retracement. Anticipating a sell to 182.9XX to complete the fib sequence.

kacijackson Updated 

Looking for a long to monthly resistance @ 1.50500 on this pair if we can break weekly resistance at 1.49400.

kacijackson

Looking at a potential 80/20 setup on this pair on the 4 hour. If price does not retrace before reaching daily resistance, there may be an opportunity for a ~115 pip retracement, atleast to the 38.2 of the up retracement to gain enough momentum to continue to the upside, breaking daily resistance. The alternative is that price can complete the fib sequence off...

kacijackson

D extension hit. Will GBPUSD pullback for a continuation to the downside?

kacijackson Updated 

Technical Analysis We have continued to have a shallow retracement at the 23.6% level for months. Price has attempted to break above the 1.18 and 1.27 extension to no avail. I am anticipating a retracement atleast to the 38.2% fib level, wishful thinking but a retracement to the 61.8 would be even better. I'm looking for a deeper retracement on this pair. ...

kacijackson Updated 

Technical Analysis On the 4HR to the downside we experienced a shallow retracement and price appears to have stalled at the 1.27 and 1.18 level. Anticipating potential retracement to 1.888X to 1.894X area before a potential continuation to the downside. Fundamental Analysis Australian Dollar has weakened as a result of Russia invading Ukraine. Australian...

kacijackson Updated 

Technical Analysis We have continued to have a shallow retracement at the 23.6% level for months. Price has attempted to break above the 1.18 and 1.27 extension to no avail. I am anticipating a retracement atleast to the 38.2% fib level, wishful thinking but a retracement to the 61.8 would be even better. I'm looking for a deeper retracement on this...

kacijackson

Short term, I believe price is going to 1.37000, long term, I believe theres an opportunity to 1.3850.

kacijackson

Currently in a short on this. There was a shallow retracement to the upside on the daily on this pair. Anticipating to price to travel atleast to the 38.2 which also happens to be a key level of support.

kacijackson

Looking to execute a buy setup for roughly 200 pips after price retraces and tests backside of trendline. Will not execute unless price finds support on the backside of the trendline.

kacijackson

Price has reached the 38.2 retracement level, which is a key level. If price finds resistance here, we could see a move to the downside to complete the current fib sequence. If it breaks above, we could see it travel to the 61.8 D extension before making a move to the downside.