As promised here is what will happen on a smaller timeframe as price starts moving bearish.
TECHNICALS i believe market will move bearish for the following reasons 1- The market has been moving bearish for some time now and has broken the support zone of 1.64045. 2- market has broken bullish trend line 3- the market has retested the broken support however we need to consider the technicals on A smaller timeframe as well to maximise profits and...
TECHNICALS there a a few reasons to by bitcoin this week 1- markets have come to thee resistance turned support. 2- markets are within the 61.8% fib level. 3- markets have made there 3rd touch of the supporting trend line. however if market does break out of the support zone, wait for market to touch the 4 hour support zone of 6921806.25 then enter a buy...
TECHNICALS there a a few reasons to by bitcoin this week 1- markets have come to thee resistance turned support. 2- markets are within the 61.8% fib level. 3- markets have made there 3rd touch of the supporting trend line. however if market does break out of the support zone, wait for market to touch the 4 hour support zone of 73659730.1 then enter a buy...
bitcion is controlling the move accros the board so similier analysis will be posted TECHNICALS there a a few reasons to by bitcoin this week 1- markets have come to thee resistance turned support. 2- markets are within the 61.8% fib level. 3- markets have made there 3rd touch of the supporting trend line. however if market does break out of the support zone,...
at last we are so close to our final take profit. unfortunatlly ill have to end this run short as ive noted on a daily timeframe that the RSI has touched the over bought zone (70.00). we may be able to pull in a bit more profit so place stop losses in profits accordingly and lets see what happens. either way 500000 ZAR is still good money. look out for my...
looks like we are on track with our bullish forcast. move stop losses in profit and let it run!! happy days for the LunguFX team. well done
TECHNICALS There are many confluences giving us a reason to buy the nzd 1- price has come to the 4 hour resistsance turned support 2- the RSI is showing price is over sold so the bulls may come in soon 3- price is touching botch the bullish and bearish trendline FUNDAMETALS TO LOOK OUT FOR THURSDAY, NOVEMBER 11 21:30 NZD Business NZ PMI(Oct)...
TECHNICALS We can see that for quite some time price has been bearish for a few weeks now causing the RSI indicating oversold on the 4 hour price has come to a resistance now support if market does end up moving bearish ill wait for a break out of the the support zone a test then sell FUNDAMENTALS TO LOOK OUT FOR FRIDAY, NOVEMBER 12 07:00 EUR EcoFin Meeting...
TECHNICALS The rand has never need a strong competitor against the green backs but technically the may win this time and here is why on the daily timeframe we note that prove has come to a daily reisistace zone of 15.45085 and we see that price has wicked out eveytime within that zone he rsi price has touched the over bougth line being at 70.00 FUNDAMENTALS TO...
TECHNICALS We note that price has been making some good swing moves until coming to our new support zone of 80.113 which is also at the retracement level of 61.8 pf the fib. from within this zone we also note on the 4H time frame that there are two touches of the support zone along with a touch from the bearish trendline. We bullish for the time being but if...
As we can see teamTake profit had been hit well done to the LunguFX team. were are getting closer and closer to freedom everyday!
Looks like our weekly forcast is on track to Profit place stop loss in profit or take profit and look for good entry pull backs. Happy days for LunguFX remember to keep an eye on fundamentals as well.
TECHNICALS from what we are noticing there are 3 indications of a buy. 1- Bullish trendline has been touched again 2- Bearish trendline has been touched again 3- price has come to support zone of 130.950 FUNDAMENTALS TO LOOK OUT FOR MONDAY, NOVEMBER 8 23:30 JPY Current Account n. s.a. (Sep) More news available on FX STREET
Take profit has been smashed!! LunguFX has your back!
TECHNICALS Well to begin we have seen market peck last week at the price of 114.712 and since then bears have been in control not allowing the bulls to break the trend line however, bulls may now have a chance to do just so as we have come to a support zone on the 4 hour timeframe. if there is a bullish move forming we will wait for pull back to support then...
TECHNICALES we are in a good space for the pair as there has been some clear rejection of the resistance zone of 1.61500 once again proving it to be a strong one once again. ill be expecting price to move to resistance zone within the next day or two. if market does however break below the support we will wait for a pull back to support then...
looks like the price followed out bearish prediction. happy days indeed for LunguFX. Freedom is getting closer every day!