MFF88

MFF88

the reversal is showing its sign: I. Divergence on MACD (H4) ii. Oversold on RSI and stochastic(H4) iii. Rejection at MA50 (D1) iv. Candle reaches the bottom of descending line. I predict the price will rebound from MA50 to at least 1.22.

MFF88 Updated 

i. Price will hit the resistance first (stoch currently on its way to the overbought area) ii. Price will retrace iii. Price will continue the upward movement and break the resistance iv. TP around 1.4 (TAYOR)

MFF88

I will go short for this pair due to the presence of bearish engulf on the D1 timeframe. So my strategy is: i. Wait for the candle to retrace half of the body at D1 (I marked with a black line). Sthocastic is also showing signs of oversold at the moment. let it retrace ii. Entry once stochastic showing sign of going down with confirmation from mid-BB iii....

MFF88

EG has been bearish for quite some time now. I foresee it has reached the bottom now and proceed to rise to 0.92 due to several reasons: i) Potential Sign of Strength at the purple area. Above the creek border ii) the candle already near the bottom edge. So it will begin the 'Spring' phase. But do your own research first! Putting here for my own reference only.

MFF88

There has been few hints that the trend will continue to climb higher. There is apparent SOS formed at the top of the creek. Hence, I foresee that the price will continue to climb after brief short.

MFF88

With SOS, it looks like the path is clear for this pair to go long. I have already entered at 1.53673 (Fibo area). I will hold this until it reaches my TP 1.57. Since this is a weekly setup, please manage your MM accordingly. Putting here as my reference. Trade at your own risk!

MFF88 Updated 

There is a potential 'sign of strength' (SOS) presence in the pattern. I foresee it will break the creek line and continue bullish. We will see

MFF88

The candle already breaks past the creek line. It will go final dip before going up again. 3 points can be used as an entry point: creek area (1863), 1849, and 1843. Goodluck. Trade At Your Own Risk

MFF88 Updated 

The price is now undergoing the accumulation phase. Once it breaks the 141 area, wait for it to retrace for final confirmation. Only then can we proceed with long.

MFF88 Updated 

It looks like the bullish momentum is already exhausted. The current bullish trend has no volume to go further. I foresee it will drop after this. Possible to break 1.22 area

MFF88

Currently, D1 shows a bearish trend, and W1 shows a possible 'distribution phase. In my opinion, if the price breaks and retraces at 0.89 (i love BRN, though). This will be a good possible entry—TP around 0.85 area (again, BRN). But this can be initiate if the trend breaks the 0.89 marks. WIll keep updating this area.

MFF88 Updated 

BTC currently doing pullback. I am waiting for the price to go to the nearest support (103352~107272) before going long again

MFF88 Updated 

Will wait at 2811 area

MFF88

Gold is still in a downtrend pattern. Thus, my sell PO starts from 1854 up until 1873, depending on your risk. Good luck!

MFF88

The price now is nearing the resistance. Based on Fibo, the best is near 1.05514. Risk and reward depend on your strategy. Good luck

MFF88 Updated 

Gold is in a downtrend channel, but it will grow towards resistance first (1873) before it starts to drop again.

MFF88 Updated 

The current market trend is still in bullish mode. But it will retrace to the support line first before continue to rise. Hence, based on SnR and Fibo, I will wait for a retracement (sell) at 0.7445.