Update to an old chart.... NZDUSD is there. Right at the 1.618 ext and ready for 1k pips lower.....
This is the futures of USDJPY, which is JPYUSD. The spot price, USDJPY, is the inverse of this chart. Great short for this pair, which is long USDJPY. Should see a minor low, .9250 is my tgt area currently and once this is achieved we should reverse and rally. When MJY1! is at .9250 this would be a great short in USDJPY.
This is the futures of GBPUSD, so price is different then spot. We are coming into a great short-term buy.
This is futures, not spot pricing. Please see the other chart (link below) for the larger view. So far this has worked perfectly. Still want to see .78 before the large short, but we may fail short of it.
Remember this is 6E which is the futures of EURUSD, so price levels can be slightly different. 7/31/16 I am still bearish EU weekly and want to see 1.03, but I suspect 1.17-1.19 may come first. We appear to be a large weekly abc which clearly breaks down into daily, 4hr, and 1hr WXY cycles. Under 1.09 would cause me to reevaluate the idea. weekly -...
This is futures pricing, not spot. See original idea - EURUSD Daily Idea (Futures). 4hr - long Daily - long Weekly - Short
Watch the channel... A break below 43.60/43.30 will open up my lower targets. I am currently long and looking for the upper channel TL to be tested. Either way I am still in the 55/56 opinion. The question is from here or from 40.
Last chance for the bulls. Needs to hold the 123.6 ext (bottom of green box). Scalp trade only. The swing trade is the short, but really rather short from 50.80-51.20 area "IF" I can get it.
Can be starting a 5w move from the peak. 1min looks to of completed 5 waves in wave 1
This is a weekly chart of NZDUSD. Notice the red circles and similarity with respect to 38.2 fiblines, it's a fractal! Currently playing the pitchfan lines perfectly. This is a longterm trade! On the 1hr can see 1 more low, but we are very near to a nice daily bottom!