CCKC

CCKC Updated 

WHERE FROM HERE?

CCKC Updated 

FIBONACCI TARGET WAS 3200. PRICE HAS HIT 3196ISH. LOOK FOR A PULLBACK TO UPTRENDLINES, THEN REASSESS THERE.

CCKC Updated 

LONG AUD/JPY FOR 200-300 PIPS @ UPTRENDLINE SUPPORT WHICH CONVERGES WITH THE 61.8 FIBONACCI RETRACEMENT LEVEL. OR, WAIT FOR A BREAK OF THE COUNTERTRENDLINE BULLISH. IF PRICE DROPS AND CLOSES BELOW THE UPTRENDLINE, THE IDEA IS VOIDED. OTHERWISE, TARGETS ARE 77.30 AND 78.25, ALIGNING WITH FIBONACCI LEVELS.

CCKC Updated 

GBP/USD PULLBACK NEARTERM. COUNTERTREND SO SMALLER LOTS. HIT MEDIUM RESISTANCE AND FORMED A BEARISH HEAD AND SHOULDERS. ENTERING AT TIP OF RIGHT SHOULDER WITH 2ND ENTRY ON BREAK OF COUNTERTRENDLINE.

CCKC Updated 

SHORT ON A RETRACE TO BROKEN PAST SUPPORT NOW TURNED RESISTANCE. TARGET IS UPTRENDLINE SUPPORT.

CCKC Updated 

NZD/USD AT MAJOR RESISTANCE 6590-6620

CCKC Updated 

LONG WITH WEEKLY PIVOT SUPPORT AND BREAK OF CTL HIGHER. TP 1 = 9175, TP 2 9300 FOR 200 PIPS. BREAK LOWER OF 9000 VOIDS LONG ENTRY.

CCKC Updated 

DXY HAS BROKEN THE DAILY UPTRENDLINE AND IS NOW MOVING DOWN IN A CORRECTIVE MOVE.

CCKC

Price has retraced to the 78 fib retracement on the hourly chart and started heading up. Target is the 1.27 fib extension; could go higher based on the Daily chart, but this is in line with the hourly target. Once the target is achieved, look to trade down again, in the direction of the Daily chart, for it's 5th wave down to the 97-100 area.

CCKC

The most recent downleg from 125.856 on the USDJPY Monthly Chart appears to be a 5-Wave down after retracing to a 61.8FR@120. Price is currently @107.50, having come down to 105ish and bounced off of Yearly S3 Support. Current price action on the Monthly appears to be in a 4th Wave triangle. MTI says shortterm buy on lower TFs, but I want to also look for a...

CCKC

NZDUSD Long on a Break and Re-test of the Yearly Pivot @ .7000. The active Fib from .4891 to .88425 has retraced down to the 61.8 @ .6217 and has bounced off to rally up to the 2016 Yearly Pivot Point now resistance at .7000. Price is being squeezed between the 200 Monthly MA at .6677 Support and .7000 Pivot Point Resistance. Because the major fib is Up, bias...

CCKC

NZDUSD Longterm Long if Price breaks above Yearly PP @ .7000. Capital AB Boundary is .4859 to .8872 with a retracement to the 61.8 FR @ .6370. Price is rallying off of the 61.8. Price is above the 200 Monthly MA, and the 34 Monthly EMA is above the 200. Price is currently working its way back up to test 34ema resistance.