after the rejection of the price a second time at the level of the resistance we will see a correction of the price to fill FVG '' Fare Value Gap'' then we will have a continuation of the upward trend
USDMAD💥1H-TIMEFRAME ANALYSIS
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bonjour a tous voici mon annalyse sur L'avenir du cacao comme vous avez vu sur le graphique le cacao a casser la résistance avec force actuellement il cherche a faire un pull back van de monter en flèche
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The market is not strong enough to seek higher levels. he tried to break resistance 10.83.
But without result for the moment. the thing which increases the probability that the market
will continue its decline on its bearish channel to derive towards 10.70 on the next week or maybe a little more . we wil see ...
EURJPY-H4
Waiting for the break of the trendline (resistance) to take a buy position (most likely given the underlying trend as well as the MM at 50 which is below the market).
On the other hand, a bearish trend if the trendline (support) is broken.
BoD been buying recently at lows, new CEO
Production levels increase at South Disouq
Targets: 34p / 44p
Wells coming online plus new wells being explored
Extremely bullish here & been waiting for months for this opportunity to buy down here.
Bought at 30.4p & will buy more if I get an opp at 29p-30p
Bullish divergence on RSI.
Resistance becomes support in most plays even if it takes a few weeks/months.
44.2p - 57p next resistance. Longer term will be more as this is a revenue growth making company.
Sorry for...
After the new regulation set by the moroccan dollar, the currency is showing an uptrend of its value. As a reminder, the MAD is plugged to euro and dollars with a respective rate of 60 and 40 percent.
I see this currency growing in the next years and have great potential.
Have a great day!
