Well, price is now trading outside the pitchfork and making higher highs so it throws a monkey wrench in the short trade. It might still go down, but this break makes it less certain. If price does make a run to the downside, a good take profit ...

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Trading off this chart alone, I would short it (with a stop loss around 214.90) until it hits the median line. However, price might take a ride to the upside first. A couple of cadle closes outside of the pitchfork would make me want to close the ...

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15MIN GBP/JPY (w/ closeup) — Get ready for something!!!

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DAILY (w/ closeup) AND HOURLY USD/CAD — ...

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4hr And Hourly Gbp/usd — I'm using a new set of fibs on the 4HR chart as opposed to the ones used previously on the same chart.

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HOURLY AND 4HR GBP/JPY (w/ closeups) — ...

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WEEKLY EUR/JPY (w/ closeup) — DANGER WILL ROBINSON!!! Last week's candle was the first to close below the median line in weeks. Can price make it back in and remain? I want to say that this pair is about to drop like a hot brick but it's a ...

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Daily And 4hr Eur/gbp — Price never did make a significant break of the 261 ext on the daily. We shall soon see whether or not the 138% ext and pitchfork intersection will serve as support. Note: I adjusted the drawing point for the median ...

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Price was rejected by the pitchfork on this 2hr chart but it does have great support at 1.4700.

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4HR EUR/USD — Uh-oh......price is outside the pitchfork....will have to see if there is an attempt to re-enter (if it does then look for signs of it supporting price) which means price will now have to make it above the 50% fib line which has ...

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4HR USD/CAD — ...

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HOURLY CAD/JPY (w /closeup) — I just wanted to show what the chart would look like with fib drawings.

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HOURLY CAD /JPY — A pitchfork would also have been useful for the downward move (it still is useful based on the last few candles).

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4HR CAD/JPY (w/ closeup) — A look back at the CAD/JPY... Notice how the failure of price to re-enter the pitchfork was the ultimate trigger for a final push to the downside.

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4HR GBP/USD (w/ closeup) — Here is a 4hr chart I previously posted. For now, the median line is now serving as support rather than resistance. Price might continue to make lower lows with bounces off of the line until it either eventually ...

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HOURLY GBP/USD — ...

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4hr And Hourly Usd/jpy — ...

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4HR (w/ closeup) and 2HR EUR/USD — Price took a downturn (a brief one) which I stated might occur in a previous post but stayed within the pitchfork on the 4HR and met resistance at the median line. This resistance was reflected on the 2HR at ...

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Daily And 4hr Eur/gbp — Price did take a brief downturn (as well as on EUR/USD), but came back within the pitchfork on the 4HR and found support at the pitchfork on the Daily. However, price must still break the 261 ext to indicate further ...

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DAILY (w/ 4HR closeup) USD/JPY — ...

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