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TP = 0.1443 hit, as the 1D Channel Down (RSI = 34.874, MACD = -0.025, B/BP = -0.0337) was rejected off the latest 0.208611 Lower High (Highs/Lows = -0.0217). As expected it hit the cross of the Pivot Point and the first support (dotted blue line + green line). After a short consolidation expected on the 4H level (seen on the circle) on neutral CCI, Highs/Lows, we...

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After Wednesday's 6,125.7 Bottom formation, yesterday's 1D candle closed on an Engulfing Bullish reversal, managing to turn around 4H (B/BP = 61.2563, Williams = -36.863). This has clearly formed a rebounding Channel Up (yellow lines) that has already found Resistance at 6,700 (Resistance levels on this rebound are noted on the dotted Blue lines). As expected,...

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USDNOK has tested the support zone on a potential 4H Head and Shoulers pattern (RSI = 33.821, MACD = -0.021, Highs/Lows = -0.0123). It is now in the process of forming the right shoulder. We go long: TP 8.12285.

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DKKJPY just gave a Lower High on the 1D Channel Down. We are shorting: TP1 16804, TP2 16.449.

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First test of 06 February's bottom (6,000) with a 1D low yesterday at 6,125.7. The volume continues to grow (45.58K), indicating a sustainable (bearish) trend on the 1D Channel Down (RSI = 31.391, Highs/Lows = -635.4209) assuming 6,000 breaks. If not we expect 1 - 2 days of consolidation within or near the 6,000 - 6,432.4 1W support zone, before a first test at...

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TP set: 0.27022, 0.2479 and 0.2153 hit, as the price moved exactly within the predicted 4H Channel Down (MACD = -0.016, Highs/Lows = -0.0139, B/BP = -0.0448). With RSI = 21.212, STOCHRSI = 16.729 and ADX = 78.629 now oversold, we expect a Lower High to be attempted near 0.2300. We will continue shorting for the next Lower Low near 0.17116709. TP = 0.1800.

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As seen on the chart, the price broke the 1W support (106.323) after a 2 day consolidation. This bearish break out on 4H has created a new Channel Down (MACD = -5.800, Highs/Lows = -7.8064, B/BP = -18.1400), parallel to May's main channel and has already crossed the Sep 2017 contact point. Given the oversold status on RSI = 20.428, STOCHRSI = 8.840, ADX = 80.343,...

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Since the last update, EOS eventually entered the projected Channel Down and even hit 10.100 (S1) earlier than expected. The aggressive dive brings the price on short distance from out first TP (8.841). The 4H Channel Down (RSI = 28.270, STOCH = 25.411) appears to have priced a Lower Low much earlier (Highs/Lows = -0.5396) and needs to consolidate in order to...

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Ripple is stranded within its 4H Support and Resistance levels (0.53866 - 0.70894) and given the High Volatility on 4H (ATR = 0.0231), a multi session consolidation is expected. This will create a Rectangle pattern on neutral RSI, Highs/Lows and we will scalp it for the next 15 days. Keep in mind that the underlying long- term trend is still bearish on both 1D...

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TP1 = 487.07 (April 14 support) hit although the price diverged some from the Lower High limits on the 1D Channel Down (RSI = 32.885, Highs/Lows = -63.6106). As expected a new 4H Channel Down has been created (Highs/Lows = -17.6836, RSI = 28.923, MACD = -23.070) that aggressively hit the target and 1st support (487.07). As you see by the blue dotted line (soft...

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The price has just tested the upper layer of the 6,000 - 6,432.4 1W support zone for the first time since April 01, technically completing this bearish leg of the Triangle pattern (RSI = 43.291, MACD = -127.000). We are still assuming no (short) action until either 6,000 breaks or the 0.618 Fibonacci retracement levels (8,327.90 - 8,719.20) are tested. Based on...

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The pair is reversing inside the 1D Channel Down after a Lower High at 1.74810. Our short targets are 1.70557 and 1.67542.

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1D Channel Up with support at 528.40 within a 1W Channel Up with support (Higher Low) at 510.00. Any of those can be used as stops on longs with targets = 574.20 & 588.20.

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Nothing too complicated here. The price is on a 1W Channel Down with a soft Resistance (Lower High on the 1D Channel Down) at 31.04 after having made a Lower High (hard resistance) at 32.04. Our medium term targets are 30.14 and 29.44.

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The price found enough support following our latest 6,652 target and is seen testing (and about to break) the 6,900 level again. 1H is now bullish (only RSI = 51.380 and MACD = -10.300 hold back) and is ultimately pushing towards its MA200 period (7,286.70 - 7,417.90). This is where 4H turns bullish (STOCH = 46.051) and 1D neutral (STOCHRSI = 16.324). As long as...

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The price has made a Higher Low on the 1W Channel Up. We are going Long with TP = 12.13. If 11.49 breaks, then 1D will emerge as a Channel Down instead and the long will be stopped out.

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As seen on the chart NZDSGD hit and rebounded off the Novemeber 2017 0.91994 support. A similar 1D Channel Up is being formed (RSI = 55.929, ADX = 40.714). Resistances (and TP points) are illustrated with the purple rays. We are long (TP 0.96992).

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Our previous target set has been hit: 7,100 and 6,652 (previous 1W EMA50/ EMA100 cross). With yesterday's 1D candle battered down (STOCHRSI = 0.000, Williams = -91.780, CCI = -274.7620) following the breaking of the Rectangle's previous 5H support zone = 7,373.10 - 7,437.20, we now sit on a tight spot again awaiting a break-out confirmation. On 5H the sell...