EuroMotif

EuroMotif Mod Updated 

This is my periodic update of Support Resistance zones for this pair. See the ''Related Ideas'' links below for previous calculations. Only a few zones have changed since last post. Even the drastic moves have been mostly in rhythm with existing fibs. But some new zones were defined, and some were eliminated. General Info These zones are calculated using...

EuroMotif Mod Updated 

This is a follow up to my previous Idea looking for retrace, linked below. SEC just denied another ETF. Thus the initial drop, which I think was wave 1 of 5 down. The decision stated concerns that might also apply to the upcoming decision on the CBOE proposal. I do think the CBOE has the best chance of being the first ETF approval, as they are the whales...

EuroMotif Mod Updated 

This Idea is to point out three possible targets for the UJ downturn. I have been short for a while now, see chart shown below. The fundamentals are still giving JPY strength. - BOJ considering tapering/ending QE - Japanese Bonds have a HOPE of non-Zero interest rates - PBOC continues to deval the Yuan The technicals indicate more waves downward. - 2.618...

EuroMotif Mod Updated 

Looking for a quick short. Fundamentals say down (China deval, Aussi CPI with a bit of a miss, etc). The grey zones on the chart are from my Fib Zone plot:

EuroMotif Mod Updated 

PBOC Reference Rate was big surprise. Risk off mode engaged by the markets. Looking for two TP's, the 1.618 and 2.618 extensions of the initial impulse down.

EuroMotif Mod Updated 

Nice pop in Bitcoin Price. What's Next? Bear Market over? Bulls back in control? I don't know. But I do know what I am looking for. I have drawn fibs (extensions) to measure the current move. I found two impulses (initial push) that made ripples of perfect multiples. So where those ripples overlap will be the mostly like turning points. The current top...

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or reverses, it will probably do so at one of these zones. Some zones will match previous highs and lows, since Fibs are derived from the extremes. Some zones will not match anything previous, but they...

EuroMotif Mod Updated 

This is my periodic update of Support Resistance zones for this pair. USDCAD has been range bound, so there have been many fib clusters defined within. Thus the choppy price action, because many resonances have been set within the range. This will be a very interesting week for USD pairs in general, and UC in particular due to trade wars. General Info...

EuroMotif Mod Updated 

USDJPY short Idea: is UJ finally Topping? UJ has move up a lot recently. I have been watching each of the initial impulses that add to the momentum. Every impulse has results in perfect ripples of the .618 multiples. Now we have several of those impulses that lined up to give the last big push up. That last push resembles a ''blow off top'', and reach a...

EuroMotif Mod Updated 

This Chart: This is my periodic update of Support Resistance zones for this pair. See the ''Related Ideas'' links below for previous calculations. Only a few zones have changed since last post. Even the drastic moves have been mostly in rhythm with existing fibs. But some new zones were defined, and some were eliminated. General Info: These zones are...

EuroMotif Mod Updated 

USDJPY long scalp Idea: waiting for retrace on UJ This pair has moved up a LOT recently. Going long now is risky, but I think it has one more bounce left in it. Trade idea uses the Monthly and Weekly pivots as support. The ''Fib Zones'' (grey lines) mentioned above are form my periodic Support/Resistance analysis If you are not familiar with 'Pivots' or...

EuroMotif Mod Updated 

Looking to enter short after retrace, for a 2-3 day trade. Identified a zone based on Fib Confluence, and a logical area for the retrace to end and downtrend to resume. The live chart above shows the .618 Fib retracement of last leg down on 1h chart. It also shows a red 2.618 Fib Extension of impulse move down on 4h chart shown here: The grey Fib Zones shown in...

EuroMotif Mod Updated 

I was just perusing the AU weekly chart, and this rising wedge jumped out at me. So I drew a couple of lines and noticed: - Wedge bottom has 4 touches, plus a PERFECT Retest - Wedge top has 4 touches though not as perfect. - Start of drop from previous low is clear, so that is my flag pole. Thus I am picturing two possible targets: 1) Bottom of Wedge (previous...

EuroMotif Mod

GU short in play. Several Brexit ministers just resigned. PM May's future is in serious trouble, per many in the know. Brexit Blues just might make a come back here soon. So this a scalp to start, looking for the 4.25 extension of initial move down from the news. The 4.25 extension also aligns with previously established Fib Zone (grey). So my first TP will be...

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or reverses, it will probably do so at one of these zones. Check my previous ideas for the PRECISION of these zones. I will update as new zones are defined by upcoming Fibs.

EuroMotif Mod Updated 

Watching the retrace, to see what happens at the .618. The grey zones in above chart are from my Fibonacci Resonance analysis: Probably risky to short after so much of a drop, but I am thinking of this bigger picture:

EuroMotif Mod Updated 

Update from previous Zone calculation linked below in 'Related Ideas'. I left some of the recent Fib Extensions that were used to look for confluences. All of the recent moves look to be playing the same rhythm for last month (new fibs line up with old zones). Of note: the drops were hitting the .236 notes, while the climb was hitting .618 notes in a choppy...

EuroMotif Mod Updated 

Most zones have not changed since last post for BTC . Some of the zones near current price have changed. Here is my last analysis, which proved pretty accurate: These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or reverses, it will probably do so at...