moneymaking

moneymaking

Market is currently in the 2013 support zone with the RSI not yet in the oversold area. We probably need the market to break the upper level or the lower level in order to give us the conformation of either trend reversal or trend continuation. Market has been trending sideways since November 17. We need to see a break below or above with a close below or above...

moneymaking

We saw the market bounce from the 2012 support zone with RSI at the oversold value. We expect the market to retest the structure before moving in an uptrend. Look for any type of trend reversal conformation with RSI being oversold before going long in this pair. Good luck Trading!!

moneymaking

Market is currently in the 2nd 2010 support zone with RSI being way oversold. Look for any type of trend reversal conformation near this zone in order to go long in this pair.

moneymaking

There are 2 resistance zones of 2007 located on the daily chart. Market came into the 1st zone and bounced back with a really good RSI divergence. The market might rally back up into that zone and we might be looking to short this pair, with extra conformation, like a double top and RSI divergence. Good Luck Trading!!

moneymaking

Market is currently at the 2009 resistance zone on the Daily time frame. Potential for short trade with RSI being overbought. Looking for a trend reversal conformation before entering into a trade. Good luck Trading!!

moneymaking

Really good Daily resistance zone coming up, which has been tested several times. Looking for short opportunities with any type of bearish conformation.

moneymaking

Potential bearish cypher pattern forming on 4 hour chart, with market currently at 78.6% retracement of XC leg. Also there is a good resistance zone, on 4 hour chart, from 1.57348 to 1.57203 (marked by solid red lines). Probably look for little bit extra conformation before jumping into the trade. Trade Setup: 1. Use your trade management for the lot size 2....

moneymaking

NOTE: THE PATTERN IS INVALID NOW!! On GBPNZD 4 hour chart, there might be a potential bullish gartley pattern forming. The 127.2% extension of AB leg comes in the 4 hour support zone from 2.0165 to 2.01298 (marked by solid red lines). Note that there is no ratio confluence between 78.6% retracement of XA leg and the 127.2% extension of AB leg. But there is ratio...

moneymaking

Potential formation of Gartley pattern, with 78.6% retracement of XA leg showing ratio confluence with 127.2% extension of AB leg. Might want to wait for an exhaustion candle or bearish divergence on RSI or any other type of conformation. Market is currently in the 4 hour resistance zone from 1229.89 to 1235.35 (marked by solid red lines). Trade Setup: 1....