The fibs are getting knocked out all over the place

Pop goes the 61.8 fib on the EURUSD chart I’ve just posted about.

Pop goes the 50.0 fib on the GBPUSD chart.

GBPUSD H4 chart

GBPUSD H4 chart

The next resistance of note is around 1.3370/75 before things get tougher into 1.3400. You know the rules by now, watch how the broken levels react if they’re tested.

A lot of this looks to be about yen pairs at the moment as things are pretty steady in other USD and commod pairs.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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