mk-fx

mk-fx Updated 

I expect CAD to lose in value, this can be long term sell. It looks too easy to short from here. Maybe it will countinue up and retouch trendline and after break to the downside I take short after retest.

mk-fx Updated 

Still has some upside potential. I watch for shorts in previous high area after trendline break is the safest. It looks nice for long term sell.

mk-fx Updated 

Us30 made a retest to 78.6 fib level.

mk-fx

From what I see, it is still possible we make a new high around 9000-9200, and there is the final area I am looking for another drop. Now its making potential right shoulder, but before trendline break its not clear enough. The best would be drop to 8200 and after retest its easier to take short. When big trendline breaks I think its clear what is next..

mk-fx

Trendline, Fibo trick, 78.6 Fibo. Finished Bullish M on m30. Second Entry after retest of the trendline on m15. Starting Taking Partials at 2290-2250

mk-fx

US Oil could make inverse head and shoulders , RR=5. TP is around $26

mk-fx

Shorting US30 to TP1=19.200. If breaks this level 17.500 is possible.

mk-fx

Bitcoin is still bearish , and if will stay inside the trendline its possible it will keep dropping from this price.

mk-fx Updated 

Gold broke the trendline on H1, it looks like it will try to touch bigger trendline, which lines up with fib level, level is around 1535. I will absolutely watch for shorts at that level. Take partials at 1525 just in case. My buy position is at 1485 already at BE

mk-fx

AU is extremely bearish, but now it looks like it can make a pullback. On h4 broke to the upside and made a retest on fib level. To be safe wait for trendline break and retest to take long. TP 1 is at 0.6080

mk-fx Updated 

BTCUSD broke out on H1, now came back to make a retest which lines up with fib level. I think it can go up to touch trendline one more time, and from there after trendline break I will look for short. If the momentum will be too strong, its possible it reach $10.500.

mk-fx

UJ made double top. It is also highly overbought.

mk-fx

GBPJPY Rejected 129 level, I didn't enter at the top, the move was too strong, I am waiting for retest to take short. I think it can retest 127.400 level befor droping. 127 is inside the trendline, thats why it can also stop dropping from that level. But I would like to enter at the best price.

mk-fx Updated 

Stock market is still in downtred, maybe we got pullback soon, but I am still looking for shorts. 2450 level looks quite strong, it connects with fibo level and trendline. Tp is at 2200. If we break to the upside before trendline to the downside, setup will probably be invalid.

mk-fx Updated 

I wait if it makes good pullback on smaller timeframes, direction is still bearish.

mk-fx Updated 

US30 respected strong level, confirmed with fibonacci level. TP is 18.000

mk-fx

GJ can go to 129, so wait for trendline break. Final TP is 120

mk-fx Updated 

Gold reached $1485 which lines up with trendline and fibo level. If rejectes this level I see it fly to $1575 pretty soon.