LTC/USD fibonacci retracement from 78.6%, then into -61.8% ($69.00)
USD/JPY 78.60% fib retest rejection, then into -27.00% (106.351)
Head and shoulder formation on the hourly, taking entry from the right shoulder.
GOLD may have a miniature fib rebound a little higher, then fall to the -1.618% which correlates with the weekly level. On Tuesday Fed's chair Powell testifies and the manufacturing PMI is released, which may de-value the dollar, causing the rally into the fib zone.
ABCDE move into 136.600. A nice downtrend. Price is are trading below the daily level, so I see a push into the blue daily and a rejection to short the pair.
We've reached weekly resistance and there isn't enough buying power to sustain a break of this level. Shorts into 1.16200.
Inverse head and shoulders formation, currently trading above neckline. Next target is 1.84100.
Fib retest completed now short EUR/GBP to 0.88000.
EUR/JPY has formed a shooting star on the weekly timeframe. Follows a head and shoulders formation made over the last couple of months.
Hourly fib -27.00% meets with the longer 4h fib's 78. 6%. Targets are 1.8600
Completion of shorter time fibonacci, which then correlates with the 78.6% of a larger fib. Targets are $14,500
EURGBP FOLLOWING THE COUNTER TRENDLINE AND FAILING TO BREAK BAOVE THE ZONE.
Head and shoulders formation, then break structure and fall to lows of previous week.
USD/CAD roll off key zone, following the weekly bias short. Next target is 1.30200
Fib retest, then we go to the weekly of 126.450
I see a long term H&S formation (currently on the right shoulder phase), I see a shoulder top being formed at 124.425 (Fib retest). Before we make the leg down into 122.400.