RKchartest

RKchartest Updated 

NZDUSD has found support on the Monthly and Quarterly Mid Pivots. If support holds looking at mentioned targets on chart.

RKchartest Updated 

New Quarter begins! CADCHF right on the quarterly pivot. Pair is overbought and this looks like a great turning point.

RKchartest Updated 

Starting with the monthly we see a sharp move down. These moves are usually proceeded with a sharp move up. Monthly parabolic tend to happen with flats at the end. Look in comments for lower time frame analysis.

RKchartest Updated 

EURJPY had a nice parabolic move to the upside. These kind of moves have very fast and larger candles. They are proceeded often with nice parabolic reversals form the parabolic start. Looking for daily candle to close below support "not on chart" with stops behind the daily candle.

RKchartest Updated 

EURUSD Looking for a leg down if we get a close below the wedge and purple support line. Daily close will be the strongest. 4hr will suffice. Keep stops behind resistance levels. The ROI makes the trade with larger timeframe confirmation. Monthly Chart and Weekly chart are showing this area as a resistance area. Brown dashed line is monthly Resistance.

RKchartest

AUD is very strong, however this area is struggling for the pair. If the pair cant break the upper wedge I'm looking for a retest of channel.

RKchartest Updated 

EURGBP hit channel top and is now starting to FLAG. If Channel holds, price could reach lower channel. First target is mid channel area where you can look for price action for lower movement.

RKchartest

AUDUSD is at Channel top. If this level holds, Ill be looking for pair to reach lower channel.

RKchartest

Chart is messy, kept that way to help teach a lesson on using patterns with fib-clusters. Fib clusters are fibs taken from different fib tools and using the various levels. For example we have a retracement from the high. Next we have fib expansions that use the prior corrective wave waves to project termination points. The chart gave us TWO 3-point levels to run...

RKchartest

The pair is still shaping up as a trend continuation pattern. This can change as price develops. I have two solid fib ratios on deck worth looking at. Current price action has really given us some solid levels.

RKchartest Updated 

AUDUSD is on its move to a lower trend line on a larger picture. On a smaller picture, price is approaching a harmonic balance level. We have a very strong fib cluster level down below. If a pullback is needed to reach these levels the fib retracements would work out via the upper box. What I like about the lower level. 1.618 extension followed by a 886 level....

RKchartest Updated 

EURUSD is currently sitting at a key fib level. This area has been watched as a level for profit taking. In the large picture the area could very well be an area that the market pivots or makes a correction for a move lower. Keep an eye out for the 1.0121 and the parity level at 1.0000. That fib range has a much stronger cluster which should cause a very trade...

RKchartest

Pair is holding at channel support. Larger fib cluster below.. If pair breaks channel Im looking at lower fib cluster as next target.

RKchartest

Larger structure wise the pair is choppy and that means correction. Pair already sold off on a 50% retracement on the larger picture. Right now im watching structure and retracement levels to get a clue where this pair is headed. We may just have a run for the long term 618 retracement "not listed on chart".

RKchartest

GBPUSD is currently at a strong fib / harmonic zone. Price has already hit the 200% level of the prior correction. As for lower levels I just dont have enough data to find the next target if price continues lower, ill need a correction of some form to get those levels. For now this is the strongest one. Im expecting this level to give some support to the upside. ...

RKchartest

The DXY US Dollar Currency Index is currently sitting at a minor Fibonacci cluster. This area could hold, however we have a much stronger level located in the the 105.20 to 106.00 area. This area will offer much stronger resistance for a correction or a measured move lower

RKchartest

Setup that comes in agreement with he rules of my free course. Put it on your radar list.

RKchartest Updated 

KIWI is reaching the 0.618 retracement of the prior wave. This level is also the AB=CD of the current wave. The 1.618 level of the currents wave correction also coincides with this level. This is a trad-able level.