mjchase

mjchase

Previous idea had incorrect values on harmonic

mjchase

Btc long harmonic butterfly.

mjchase

Potential short position on USDJPY Price has retraced and rejected the 61.8% fib , previous support has now become resistance.

mjchase

GBPUSD bounced spectacularly off the all time monthly support on monday leading to an extremely bullish week encouraged by the bearish dollar. We can see GBPUSD has almost completed a 61.8% retracement of its most recent bearish move. The 61.8 coincides with an area of resistance for the pair. Expecting to see between a 50% and 61.8% retracement of this latest...

mjchase

We can see on the 4 hour chart price has retraced to the 61.8 fib from the Area of support around the 1.60800 area. Looking for a break and retest on the underside of the trend line to confirm the short position. Criticism welcome

mjchase

Please trade at own risk

mjchase

We can see the USDCAD was pushed up to the previous support due to NFP and was immediately rejected at the 0.618 fib level.

mjchase

Trade sensible and at your own risk.