isomorph

isomorph Updated 

After a multiple big figures drop, ccy can't retrace more than this, is a sure sign that what can't go up must go down. Another way to look at it, from a purely technical perspective, price is dropping from the 61.8% fib level (if you draw the fib structure all the way from the top to the bottom of the recen GBP collapse move). Also, not a single bullish signal...

isomorph Updated 

STC signals the time has come to look for a SHORT entry point. Roïd BB is the OB zone and has not turned down yet, so no short signal there but since STC has already been in its OB zone for quite some time, it is only confirmation that the bullish momentum is starting to wane. Also, price is pushing away from top Bollinger band. At the moment, it is only a guess...

isomorph Updated 

Although studies are in the zones where short moves usually start, UJ remains a conundrum at the moment. GJ already started it's rampage downhill but UJ and EJ stubbornly cling to recent highs. So, will it drop? Based on the technical picture at hand, especially PA, and regardless of the fact that studies are showing signs to start looking for a short position...

isomorph Updated 

Spinning top at MPR1 and not even able to pierce upper Bollinger band + SMIIOC signal cross down, STC in OB showing time has come to focus on finding a PA pattern to enter SHORT, and Roïd BB exceeding OB zone and pulling away from its volatility upper band --> all signs of an impending pullback. If not, expect consolidation and a reset of all studies to their...

isomorph Updated 

LONG from 128.11 to 128.40/50, possibly 128.75 where yellow rsst line is, and where the possibility for a reversal short might present itself. This is a very short term play based on M1/M3/M5 microstructure analysis. WHY? ANSWER: ( the following does not apply to M15--it's all based on M1/M3/M5; it is a very short play because as we can see from M15, we are...

isomorph

As the classic tool Bollinger Bands shows us on Daily, the market square in the middle and consolidating. Bottom TDIm study shows the same. Furthermore, price is stuck between WPP and WPR1. Of note is the fact that price stubbornly refuses to stay below last year's low (horizontal yellow line) as well as MPP. So considering all this, we are waiting for a...

isomorph

Bullish wedge top (white TL) also coincides with yellow mid line of volatility band and red/orange daily line. GU will confirm bullish trend IFF it manages to stay above those levels and break out from the wedge with impulse move. If it looks like a break out but not on impulse candles, chances are GU will drop back down. Either way, for initial targets, we are...

isomorph

Bullish wedge top (white TL) also coincides with yellow mid line of volatility band and red/orange daily line. GU will confirm bullish trend IFF it manages to stay above those levels and break out from the wedge with impulse move. If it looks like a break out but not on impulse candles, chances are GU will drop back down. Either way, for initial targets, we are...

isomorph

In accordance with the analysis published on Daily, here's the view from H4. I took off the higher timeframes MAs and overlaid 2 other studies I developed recently: the daily high/low and the monthly high/low. Please note that these show the previous day/month data point, not the current one. So, the aqua line shows the previous day's high and the blue line the...

isomorph

Taking a look at W and D charts, one can see that a top has been reached (red horiz. line). On D, price has moved above the YPR1 (also where 50% fib is) and tested it again on the 1st move down only to bounce from it. Right under YPR1 price has barely challenged the Weekly 200 EMA (fat solid black line). Price is now back above WPP and 38.2% fib. Blue line is...

isomorph

If Nikkei doesn't rocket sky high, then USDJPY will hold under WPP and major resistance (fib 38.2%, 200 SMA, 100 SMA, 100 daily EMA, 55 daily SMA, all MA converging at the 38.2% fib level (yellow line). Now price is still finding support at MPP and white dashed TL. If this breaks, then fib 61.8% is the first target with 200 daily SMA (teal line) right underneath...

isomorph

Price is testing lower border of K-area (white rectangle). Price is also out of band both on Bollinger and proprietary band study. We also have an early indication of potential bearish divergence on the modified TDI and the TurboOSC. I do not expect price to turn around right here. However, the next logical target to the upside to induce more buying so that the...

isomorph

if market can't gain a foothold above MPR2 = 107.74, modified TDI will turn at the OB zone and we'll have a potential retrace at least as far as the K-area support (white rectangle) around 105.05-105.28 where bottom of K-area also is the MPR1. of course, right now market still seems bullish. i will be watching for possible spikes into MPR2 and if price fails to...

isomorph

possible spike lower and IF A is not taken out, bounce back up with continuation to D point, which would give us a nicely hamonic Gartley 222 SELL.

isomorph

If this zone does not get breached cleanly by some sort of impulse move, expect the Gartley 222 SELL to be valid and SHORT with initial targets at: TP1/38.2% = 1.03767 TP2/61.8% = 1.03022 Note that the RSST zone is where the OP (fib projection 100% from the Gartley's inner ABCD structure--Objective Profit level to use DiNapoli's terminology), pivot resistance 1,...

isomorph

XAUUSD's path of action over the next few days. Short in an ABCD manner.

isomorph

Market still bearish as long as K-are is not invalidated to the upside.

isomorph

Waiting for the other shoe to drop.