Price has been consolidating between the 23% and 76% for a few weeks now on the daily.

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Here is a daily chart of the EUR/USD followed by recent price action on the 4hr.

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Here is the euro/yen daily chart which is followed by a closeup of recent price action on the 4hr.

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Here is the daily chart I've been posting of Pound/Yen broken down to the 4hr. The second is a closeup of the upper fibs. Note: Going forward, I've decided to leave the secondary fibs drawn in the same manner as the original fibs in all charts (to ...

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Thank you for your comments Suntrader and mhughes104. I guess you can say that I have developed a habit in drawing fibs from in whichever direction I needed my extensions drawn, which would sometimes cause the fibs to be drawn in the reverse ...

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Daily Pound/ Yen & Euro/yen — Thus far, Pound/Yen has topped at the 61% fib and Euro/Yen has topped at the 76% fib.

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The white 23% fib on the daily sits at 2.0360 and the 0%/100% fib lines on the 4hr sit at 2.0367. The high of Friday was 2.0364. Also, the red 61% daily fib is at 2.0272 and the blue 76% 4hr fib is at 2.0251.

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EUR/USD DAILY & 4HR

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USD/CAD 4HR The 76% fib is at 0.9730 and the 61% fib is at 0.9696.

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All of the typing in that last post gave me a headache (lol) so I'm not going to include any price projections and just let the charts speak for themselves. I'll add any commentary or highlight any areas of support/resistance. Here we have the ...

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Well folks, a new trading week has come upon us yet again offering another opportunity to make or lose money. I have spent time over the weekend drawing new charts and refining old ones. Going forward, I'll post a daily and a lower timeframe chart ...

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Pound/yen Backtest — I decided to do a backtest on Pound/Yen to see if there were any noticable support/resistance at key levels before it took the big fall. I've encircled those levels on the daily chart. The arrows indicate the high/low of ...

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Here is a 4hr chart for the Euro/Yen. The yellow arrows indicate the high and low of the trading range which the blue fibs are drawn on. I've encircled the areas where price showed good support/resistance at fib lines.

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Thank you for your compliment Dee. The secondary fib lines, or copy, are based on a trading range/pattern that price breaks out of and set up on the high or low of that range/pattern. They are indicated by the yellow arrows on the pound/yen daily ...

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Yes, it's me clockwork.

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4HR USD/CAD While trying out a different trading range, I saw this symmetry.

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UPDATE: USD/JPY 1HR The expected bounce occured at the 23% fib level and never returned. Price eventually made its way past the critical level of 117.22. As of now, price is caught between the 76% and 100% fib. There has not been an hourly bar to ...

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UPDATE: 4HR CAD/JPY Possible triple top or poised for a breakout?

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I'm unsure what you meant by that.

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Here is an update on the USD/CAD using an hourly chart. Price never closed below the 50% fib.

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