MokuIchi

MokuIchi Updated 

Mostly see the triangle in the 1hour and 4h timeframe, A rising three candle formation might be forming within 2 days on the day's chart. This week has another wide range(Green lines) mean we are in a sideways trend but the bias is looking on the upside. We look at the past weeks pivot for supports and resistance. Big resistance has formed marked red from last...

MokuIchi Updated 

Bullrun is valid as long as the price is within the range of the week. It seems the correction is over and is now consolidating and preparing for another wave. Break the red zone then we can target the highs, and possibly lot more. Green is marked support zones! Calculate risk reward! Goodluck.

MokuIchi

Bears looking to defend purplezone near 112.7, ahead of profit taking it might be a good short, stochastic also at extremes. Momentum has shifted to the bulls this week, we ride whichever side wins :D Short TP's marked in green.

MokuIchi

Updated important zones for next week. Summary: Still traversing a clear downtrend. It has stalled and bounced at the 1.618 extension and is looking to rally, If you have a Buy watch out for a reaction at the green zones. A break of the top of the green zone could target the Maroon box range. Several Data coming ahead! Watch out as it might go sideways this week :)

MokuIchi

Take each bounce as opportunity to sell.