NENEJOHN

NENEJOHN Updated 

The entire Trend is a Bearish, but from a Daily and weekly view we're at our oversold position.

NENEJOHN Updated 

We can ride the trend still...From a Daily analysis ...the zone around 1.56216 is 50-61.8 Fib daily levels... we ride the pair to the moon

NENEJOHN

we've reached the MOON. the daily technical analysis plus the 4hrs indicate we are in the overbought zone. In additional to the technical...we are at the previous highs which we expect to be our Resistance Levels

NENEJOHN

Lets do some counter trending. AUDCAD is entirely Bearish. But the Daily and 4hrs technical View indicates that we are in the oversold zone. We therefore ride with the Daily view till we reach our 1st TP (38 Fib level of our daily level) of our latest leg. TP 2(50 fIB lEVEL @ 0.96190)

NENEJOHN

Price is moving following our Fib Levels. We ride to the MOON.

NENEJOHN Updated 

Around 1.06368 which is our Weekly 61.8 Fib Level, we expect some buy pressure at the Buy Block zone

NENEJOHN Updated 

Hence we got it wrong in our prior analysis. Thanks to the FTMO that we have our Daily analysis. We expecting the price to hit the 61.8 Fib Level which happens to be our resistance zone. in addition we see our indicators indicate that it's in the oversold area

NENEJOHN Updated 

EURUSD retraces at the 78.6 Level. Though the indicators indicate we are in the oversold Zone. We are expecting a retracement to the 1.20500 for a later bearish move to our 78.6 Area

NENEJOHN Updated 

We ain't fooled. From a Daily analysis the Pair looks as its the begining of the bearish rally though From the 4hrs analysis it says otherwise. GBPUSD 4HRS is at 61.8 Fib Level around 1.38.

NENEJOHN

We've seen the market react to the 61.8 level, from the last leg. our TP level is at 88.6

NENEJOHN Updated 

From a Daily view. The pair is on a downtrend. From the last move we see expect the 61.8 Fib level to hold to a move towards the Resistance at 1.53

NENEJOHN Updated 

Since From a Daily perspective we are bearish (CONFIRMATION FROM THE HISTOGRAM). i'm expecting the 78.6 Fib level of the recent leg to hold.

NENEJOHN

If we look at the 1HOUR Time Frame, we see that the pair is at the oversold area. Our TP is at the 88.6 Fib Level

NENEJOHN

We wait and ride a Bullish rally around the area of demand. Histograms indicate Bulls to have exhausted the pressure.

NENEJOHN Updated 

I'm looking at 61.8 fib level as the next LL. before the histogram turn green, showing the strength of the bulls. and if we go to 2hrs time frame, we expect the price to be above the MA.

NENEJOHN

- S.E Key Take. the Demand area was in support analysis, and when the bears were coming in, we ride with the wave. Histogram is red adding an icying to the cake. The fun don't end there, we see that the price is below the MA. An extra hint * we can ride all the way down to the 1.24875.

NENEJOHN

We are sited at the moving average, which illustrate we are in a bullish rally. From this the Monthly, and weekly Timeframe we see its still have a strong bullish rally. We place a Buy Limit @0.71734 area which is our 61.8 fib level which happens to have a strong support area.

NENEJOHN Updated 

Looking on that 61.8 Fib level, we see a very strong resistance which in our setup will be used as a support for a bullish uptrend to the previous HH from 1.81 - 1.82 level should be our TP Level with low risk to reward ratio. for further confirmation, the price is seated above the MA. irrespective WE BUY