-AS WE APPROACH END OF YEAR FOMC, NFP HAS SET THE MONTHLY HIGH OF DECEMBER SO MARKET MAKERS DURING THIS NEWS EVENT WILL PUSH OUT/FAKE OUT BUYERS AND TRAP SELLERS -LOOKING TO SELL EURUSD NEAR THE YELLOW ZONE WITH STOPS AT THE BLUE LINE - TARGET IS THE -27 FIB -HAPPY/SAFE TRADING
CHART SPEAKS.. ALL JPY PAIRS LOOKING LIKE A GOOD REVERSAL IS UPON US
-RISING WEDGE PATTERN -MACD DIVERGENCE -DAILY DEMAND ZONE COULD NOT BE BREACHED WITH 3 "WICKS" TO THE TOP - 27.2% FIB EXTENSION REACHED AT THIS LEVEL STRUCTURE -WE MAY SEE A REVERSAL SOON -EVERYTHING SCREAMING AT ME TO SHORT
4 HOUR TREND SUGGESTS AUSSIE ONE MORE HIGH BEFORE DROPPING TO HELL
-GBPUSD RESPECTING MARKET STRUCTURE WITH H.H.'S AND H.L'S FORMING AN UPTREND - BROKE OUT OF MAJOR SUPPLY ZONE - WAITING FOR A RETEST OF THIS ZONE THAT COINCIDES WITH THE 50% FIB AND 61.8% FIB FOR BUY ENTRIES AND STOPS BELOW MY ZONE -TARGET COINCEDES PERFECTLY WITH THE -27% FIB EXTENSION AND DAILY RESISTANCE AT 1.27700 -HAPPY TRADING
IS EURUSD READY TO STUMBLE TO NEW LOWS UPON BREXIT? ARE THE TECHNICALS PAINTING THE PICTURE FOR WHAT SEEMS TO BE NEW MONTHLY LOWS FOR EURUSD 3 REJECTIONS FROM 1.13500-1.13700 MAJOR DAILY RESISTANCE WITH A 61.8% RETRACEMENT INDICATES EURUSD WEAKNESS? IS THIS FIB EXTENSION THE FATE? LETS FIND OUT
DAILY CHART ON LEFT - NZDUSD RUNNING INTO IMPORTANT RESISTANCE ALONG WITH THE 61.8 FIB LEVEL ALONG WITH TREND LINE RESISTANCE 1 HOUR CHART ON RIGHT - NZDUSD SHOWING SEVERE MACD DIVERGENCE
USDCAD STRUGGLING TO BREAK DAILY RESISTANCE AT 1.32500 (3 ATTEMPTS)- PRICE ACTION TELL US DOWNSIDE IS READY DAILY MACD DIVERGENCE DAILY RISING WEDGE BREAK CONFIRMATION HAVE A SELL LIMIT @ 1.31655 AS THIS IS A RETEST OF RESISTANCE AND TREND LINE FROM WEDGE RETEST GOOD RR 3:1 DOWN TO 1.30100
DO NOT BE OVERSELL WITH EURUSD APPROACHING KEY SUPPORT AROUND 1.09500 WATCH FOR A POSSIBLE BUY SETUP
DOUBLE BOTTOM AT DAILY SUPP 1.11300 61.8 HELD FIRM C.T.L. BROKEN MOVING AVERAGES SHOWING BULLISH MOMENTUM
3 BOUNCES OFF MONTHLY SUPP- 1.31500 50% FIB BULLISH MA'S.... TRADE SAFE
DXY LOOKS VERY BULLISH. I DON'T SEE THE DOLLAR CRASHING JUST YET INVERTED HEAD AND SHOULDERS VERY CLEAR HERE. A BREAK AND RETEST FOR A BIG BULLISH UPSWING IS APPROACHING SHORT GOLD, EURUSD, AUDUSD LONG USDCAD
CHART SPEAKS TRADE SAFE
CURRENT SKETCH OF TECHNICAL ANALYSIS PAINTING A PICTURE FOR A BIG MELTDOWN ON THE AUSSIE WATERFALLS ARE APPROACHING
CLEAR DOWNSIDE TO THE FIB EXTENSION LEVEL AND STRONG AREA OF DAILY SUPPORT 61.% FIB+ RESISTANCE HOLDING
4 HOUR TIMEFRAME SUGGEST 18.836 HOLDING FIRM RESIS A NEW LOWER LOW ON SILVER IS EXPECTED TO BE WRITTEN I HAVE CALLED THIS PRECIOUS METAL DROP A MONTH AGO.... I WOULD TAKE THIS ANALYSIS...