mattharr96

mattharr96

As predicted GBP/USD made a fake out to the upside causing confusion. It has failed to gain momentum at the POI to continue bullish and now broke the previous low. The currency is officially Bearish until 1.22030, it could continue to drop to 1.19032

mattharr96

a simple take on BTC/USD. It has the potential to go either way but we are expecting a temporary decline to the "break&retest" area. From there it could possibly continue pushing for another higher high or give us a double or triple top to continue its loss of value. Will Bitcoin recover?

mattharr96

GBP/USD appears to have broke the current resistance level but will it continue to rise or will it decline from the current area.

mattharr96

Following on from my long term analysis, you can see sideways consolidation at the POI. A break out on either side should set the pair in motion.

mattharr96

As you can see on the monthly chart GBP/USD has been creating lower highs and lows for a number of years. In recent months we have seen G/U break another low and retrace to our POI. Will it decline from the current zone or was it a fake out. Time will tell.

mattharr96

EUR/AUD has been in an overall downtrend for weeks but has recently broken that trend line. I have condensed down to the 12hr chart to show both short and long term possibilities using a mixture of the dow Jones theory with market structure and fibonacci. It is still possible to see price push lower but in the events of a new uptrend, this is what I would expect...