DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, ISHARES MSCI EMERGING INDEX FUND, PROTEOSTASIS THERAPEUTICS, INC. - COMMON STOCK, HELIOS AND MATHESON ANALYTICS INC - COMMON STOCK, INVESCO QQQ TRUST, SERIES 1, SPDR SELECT SECTOR FUND - FINANCIAL
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
The chart says it all
Broke out of the cloud to the downside, the usual Ichimoku sell signals
Fibs drawn, waiting for bounce and sell from retracement
Target 1 and 2 conducted on the daily time frame, i have also weekly targets drawn because i believe GBP can go a lot lower
Bounce off 23.6%
bounce off 618% fib level
Entry short Triggers = Kumo Twist bearish bias, TK cross, Breakout to the downside
All drawings are done on daily including targets.
50%-618% support and resistance from daily chart = price has bounced and retested these two levels before continuing down.
My first target is 1155.73
PRICE BELOW THE CLOUD = SHORT BIAS
PRICE BELOW KIJUN
WAITING FOR 50% BOUNCE TO GO SHORT
FIRST TARGET AT 1.40711
waiting for a 618 fib retrace
1st target 131.7
Fib re-tracement and Fib extension confluence
bounce off 38%
Bounce off 50% fib
below weekly TL
Future cloud is "dark" short bias
TK crossover to the downside
Fib retacement bounce off 50% heading towards Monthly support which is also my first target
Fib Extension 1.618% is my second target - Confluence in this area
Price is still within my weekly TL
waiting for a break out of the channel/triangle
Daily time frame Price is under cloud - Short signal/trade
Currently in a range
Better look on 4hr time frame - Price is ranging with a triangle formation, awaiting breakout to the downside bias
Using Fibs, looking at price between the 618 and 50% price has been turning around in these areas.
currently bearish kumo twist.
Can see price going to the next ...
Will we see Gold push any lower?
Sell at the dips
Fibonacci 50%-61.8% Rule
Buy in the red zones
According to the banks, Oil prices wont break above $60 for at least two years some analysts say,
As we can see price hasn't been able to break through $60, therefore i can only see price going into a range for a long time.
Looking at previous structure, i feel price will move down to $54. That being said Buy low, Sell high
retest of support level
could possibly break previous structure