Looking at this pair we can see we are making higher highs and higher lows. The Fibonacci has had a touch of the 38.2% retracement level which is also inline with strong Monthly support. On the Daily TF we have had a breakout, retest, continuation at 138.00. I think we are now about to see a bounce of the inner trend line, a good entry would be at a break of the...
Looking here at a double top, if I see a break of 0.7260 i'll be going short to 0.7150 zone. A bounce of 0.7260 and a we could see a potential buy to 0.7380.
Here we can see a H4 double bottom which is in line with the current Fib. I think we will see a reversal at 0.7800 which is in line with the Double Bottom neckline and the 38.2% Fib level. On a reversal we could short to T1 - 0.7500 (Monthly Key Level) or T2 - 0.7380 (Double Bottom Range). However a break of 0.7800 I think we might go up to the 78.6% Fibonacci level.
So here I am looking at the Daily Fibonacci on EUR/USD. I am expecting bullish movement here and am currently waiting on a break of the Inner TL before buying to Fib D1 - Which is also in line with historical resistance and the 38.2% Retracement level on the Weekly Fibonacci. When we get closer to the Inner TL I will drop onto the H4 chart for a potential B.R.C
Here we can see we have broken the Fibonacci. We have failed to have a monthly close below the Long Term TL. Waiting on a H4 close above the CTL before entry. Am playing the SL tight as I don't think we will drop back under the Long Term TL. Target is in line with prior resistance. Overall I think we are going to make highs at the top of the channel.
Looking at this pair we can see on the Weekly TF we are starting a Fibonacci. Dropping down to the Daily TF we can see we have a Bullish Fibonacci which is also in line with the making a retracement for the Weekly Fibonacci. I expect a touch of the 61.8% Daily Fib level, before watching for a reversal to the 0.82910 level for the Weekly Fib. The 61.8% bounce is...
Here we can see the A and B extensions of the the Fib have played out. I am now waiting for the C leg, I think we will see a touch of 1.55000 level and maybe a bounce of TL. Then will look for a good entry and buy to D1.
Ok, so here we can see the pair has been in consolidation for a while. I am waiting for a strong bearish closing candle below the blue range in order to short to the bottom level of monthly support. Moving averages have just crossed over and we are sitting below the blue EMA. A good entry would give us 180 PIPs.
On this pair we can see the smaller Daily Fibonacci is playing out. We can see a candlestick reversal at the C extension and we have failed to break the 0.78% level although we have pierced through it. I am now waiting for a break of the CTL before shorting to Fib D1. An easy setup for you all. Please comment with any advice or recommendation as I am always learning.
On the Daily time frame for this pair we can see we have been in a consolidation period for about 3 months now. We are currently below the EMA and are looking bearish. I am now waiting for a break of the Inner Trend Line before shorting to the Outer Trend Line. Both of these targets are also in line with Monthly Support.
Here we can see the bearish Fibonacci has played out. We have made the A,B&C legs and are now heading down to make the D. We have seen several bounces from the Bearish TL. Most recent touch of TL failed to break it. Now we can look for a good entry before shorting to the D1 target of 117.300 which also lines up with monthly support.
This is my first time taking a look at this pair and I spent just a few minutes trying to do a quick breakdown. Here we can see we have a daily Fib that is playing out. We are still in the process of creating the C extension. I expect we are going to touch the 61.8% level before making a reversal to the D1 target. The 61.8% level also lines up with strong Monthly...
There has recently been a huge reversal with EUR pairs. We can see from the current Fib we are at the 61.8% level. On smaller TF charts the MA are about to crossover. We have also had a 3rd touch of the TL Now waiting for a break of the CTL Target is in line with Fib D1-D2 and also a range copied from the double top.
We have been in a up trending channel. A double top has occurred on the Weekly chart. Copying the range of the double top to neckline we now have a Bullish and Bearish target. Upon a break of Resistance or Support we can Buy or Sell accordingly to either of these targets. We would preferably look for an entry on the Daily or H4 chart.
We have seen the reversal of the AUD/USD. Using a Fibonacci we can see we have the A & B extension and are now making the C. I think C will be at 38.2% as this lines up with Monthly historical data. 38.2% also lines up with the current double bottom range when copied. We are now waiting for a break of the CTL and a close above the 0.78250 range.
Here we can see a Daily Fibonacci that is going to play out, it is also lining up with the current Monthly Fibonacci. We have tested the 50% and nearly the 61.8% Fib level, but we got stuck and Monthly Resistance. We are now waiting for the MA to crossover, and a Bearish closing break of the CTL. Upon a break targets also line up with Monthly Fibonacci and...
Referring back to my last post. I have shown you on Weekly charts that we are completing a Fibonacci. Here is a good entry to make 480 Pips going down to 114.000, which is the W Fibonacci C extension. Wait for a good bearish closing break of the CTL before entry on the H4.
Here we can see a bullish Fibonacci, currently looking at the pullback to create the C-D leg. This will also form a double top, and when copying the range it also fits in with Fib D1 & D2. I think we will come down to 38.2% - 114.000. Then buy to Fib D2 - 134.250. This analysis also lines up with monthly charts.