mitcho12345

mitcho12345

Aiming for daily bullish order block for reversal at 1.3870

mitcho12345

analysis for following week. USD falling so we can expect good to rally for the week. Good point to get in at 1760.

mitcho12345

Zooming out to the weekly and daily charts shows we caught fibre at the bottom of a weekly and daily range. Fibre retested a bearish channel top last week and we have the upside movement to show for it. If you were in on time move stops to break even and await a retracement to 1.1650. this is optimal level to put in another long. If she can hold above 1.185 for a...

mitcho12345

We have made our big impulse from near the daily bullish order-block yesterday and are yet to see what the week ahead holds. Retail will think its just another deep retracement and pile on more shorts coz they were successful last week. So Institutions will play this current level, allow us to build more and more short positions probably in London Monday(16/8/21)....

mitcho12345

Fibre, Yen breaking structure soon. Don't wait for further moves lower for cable or fibre. Cover your positions. This consolidation is signal of huge move coming. Risk management folks. 2% tops. You can pyramid later. Cable and fibre long Yen short!!!!!

mitcho12345

Fibre has been dilly dallying in these regions. Time to hightail it outta dodge. Closing all shorts. Going long

mitcho12345

We have broken bearish trendline awaiting a retest. so we are still short. reaction yesterday was expected as EURUSD and USDJPY were at significant support and resistance zones respectively. these pairs are highly correlated. check my analysis for EURUSD yesterday and you will see the expected reaction before market acted. today we expect the market to move...

mitcho12345 Updated 

currently at support. chart pattern suggests retracement to 1.1750 then short again from that level to later retest lower levels. currently no signs of a longer term reversal so net short.

mitcho12345

currently bearish slowly reaching for a bullish order block at 1.3760. should react violently at 1.3770-1.3750 reversing and going bullish thereafter