SoxKeepYouWarm

SoxKeepYouWarm

Betting on completion of Elliot wave cycle. Price currently held at fib .382 retracement with nice structural resistance from previous wave. Expecting a fall back into daily support zone.

SoxKeepYouWarm

GBPCHF just put in a double top, followed by a breakaway and 618 retracement. Price put in a bunch of long wicks over the fib level on the hourly but didn't close above. Double top lines up with fib confluence of .382 and .5 fib retracements and previous structure low. Price is currently in a consolidation phase in a downtrend, expecting trend continuation at...

SoxKeepYouWarm

EURJPY putting in a nice head and shoulders pattern at a well tested support zone. Expecting a bounce back to previous shelf.

SoxKeepYouWarm

GBPCHF is in consolidation, waiting for a breakout. May fall towards a 1.27 extension after the .382 retracement or go to the .5 retracement and come up against the falling trend line. Either way I'm waiting for some signs of a trend continuation, waiting for the .5 retracement for a better ratio.

SoxKeepYouWarm

GBPJPY in a bearish trend. Making a retracement and putting in some long wicks against structural resistance. Resistance lines up with .382 .50 fib retracements from the last two swing highs. Bearish divergence. Going for a limit sell at 172.3

SoxKeepYouWarm

USDJPY in an upward trend. Made a 382 retracement and expecting a 1.272 extension to follow it up. If price comes up to the extension I'll be going short based on structure shown above.

SoxKeepYouWarm

EURUSD at bottom of consolidation phase. Price just made made a 382 retracement followed by a 127 extension the lines up perfectly with a big historical support line. 6 long wicks trying to press through that support line with no closes below. I'm going to be looking for another 382 retracement.

SoxKeepYouWarm

EURGBP is in a bearish market and may be coming to the end of a consolidation period. At the moment price is giving way to trend line resistance and looks like it may drop down to the bottom of the consolidation channel. Watch for breakout downwards if price continues lower.

SoxKeepYouWarm

I don't regularly use Elliot wave theory in my ideas so I'm not 100% on this one, any advice is very welcome. Things to note are that USDJPY is in a consolidation pattern on the daily. It tried to breakout a few days ago but failed. Going up for another test but is running into a lot of resistance. Put in a long wick right along previous structure support,...

SoxKeepYouWarm

As stated above

SoxKeepYouWarm

NZDCHF getting ready for another push upwards in a channel pattern. Price is running into a lot of structural support.

SoxKeepYouWarm

USDJPY just hit the top of a descending triangle, and is putting up a lot of bearish divergence. Expecting prices to drop down back to last low. Setting SL right above structure resistance.

SoxKeepYouWarm

EURCHF made a double top, broke out, and looks like it may be coming back up to the .618 This lines up with the .236 retracement of the ascending triangle breakout from a month ago, and recent structural resistance. Could take at profits at old low, but price may fall further to the bottom of the ascending triangle.

SoxKeepYouWarm

Looks like GBPCHF is going for another round of losses. Price retesting old support line and seems to be breaking through.

SoxKeepYouWarm

EURCHF is in a downward trend, has just hit a new low and made a retracement. If price comes back to touch that resistance line again I'm selling for old low.

SoxKeepYouWarm

EURAUD is in a wedge formation, looking for a drop to old low. Nice fib confluence.

SoxKeepYouWarm

EURAUD is in a downward wedge, made a sharp movement upwards but hasn't made a new high, or broken trend lines. Going short for the moment, will stop out if price puts in a higher high.

SoxKeepYouWarm

Eurcad has made 3 equal pushes in an upwards channel followed by a breakout, and then a consolidation phase. If price reaches high point of consolidation I'm betting on a downwards breakout of equal degree to one of the breakout movement