MD13Financial

MD13Financial

Huge bullish weekly close but less momentum than last week and we narrowly missed 1.300. Clean price action for the daily retest and we are now showing quite a bit of exhaustion the last 3 days to close the week. (GbpJpy for Fundamentals) I'd like to see 1.300 hit and then price fall back to 1.275 quarter point.

MD13Financial

Likely my last update this week during open market conditions. Trade hit TP1 from 0.67371 entry (Take Profit 0.6800 ) Massive bullish push off ascending trendline and 0.6725 demand zone. I like minor pullback before reaching to 0.69 and 0.70. Pullback is likely into the zone of 0.6812/0.6800. If 0.69 is breached in momentum, price may not slow down until...

MD13Financial

Likely my last update this week during open market conditions Bullish daily close and we narrowly missed tapping the 1.300 target. Lots of exhaustion the last 2 days here as well. Price may very well cover 1.300 before a relief period is present. I don't have any clean setups at time of writing but pullbacks on Gbps can be worth 100+ pips.

MD13Financial

Likely my last update this week during open market conditions. GJ still closed quite bullish but the daily momentum is slowing down a bit. We saw price reach my target of 140 and price has moved 1000 pips from my original long term analysis from 130.70. The past two days we have seen some exhaustion, especially on the 4h timeframe. Going forward, if we don't...

MD13Financial Updated 

Bearish close on the daily for this pair. I still have bullish sentiment here and it looks like we're searching for more gas to get long with momentum. I am also eyeing an ascending trendline looking for it's 3rd bounce. This will be a trade where I must properly identify the transition to get a good entry. Targets 0.68 and 0.69

MD13Financial

Very similar price action to GJ with the same influences. I like a pullback into 1.2700 before getting long here as well. 1.30 and 1.325 are my targets.

MD13Financial

Price exploded with similar momentum as last week's end after more positive Brexit news hit headlines. PM Johnson is expecting a deal by week's end so I'm looking for a small pullback (possibly in to 138 psychological level) before getting long still eyeing 140.00 with further target 146.00 if this explosive momentum continues.

MD13Financial Updated 

From previous analysis, we have hit our Target 1 at 185. Price is swaying about but I do see the possibility of price hitting Target 2 (195) before reassessing this crypto and what it would like to do moving forward. PM me for any questions

MD13Financial

*This post is a part of a series of refreshing my eyes and working on my mental space. -Slightly tricky to my eyes. Definite seller exhaustion (daily/4H) and the bulls seem to be coming in waves but have not completely taken over. If the current transition fails in the current region, price will likely flirt with 7800/7900 at least (bringing about a double bottom)...

MD13Financial

*This post is a part of a series of refreshing my eyes and working on my mental space. With current market conditions assuming trade deal holds, daily price action is forecasting a possible run to 112 if this current supply is breached. In terms of chart patterns we do have an Inverted Head & Shoulders with neckline as the supply I am anticipating may break...

MD13Financial

Weekend: Previous week seller exhaustion yielded a huge bullish push to end the week and engulfed the previous week. Moving to the daily we see quite the double bottom with neckline around 0.69 (my next target) assuming we remain bullish. I'd also like to see price retest the neighborhood of 0.67750. At this point I have no bearish sentiments but as always I will...

MD13Financial

Weekend: Price saw fit to complete the market flow pattern I've been anticipating. Once again, massively bullish to end the week. On the daily, same story. I would like to note that price did not close at or above the 1.2750 quarter point. I see a retrace to start the week before pushing higher. Retrace looks like it'll be in the neighborhood of 1.2575/1.2550....

MD13Financial

Weekend: Weekly closed massively bullish after Brexit news 2 days in a row to end the week. Structure itself is quite bullish as well. From a very high perspective I'd like to see GJ come back to 135.20 or so before attempting to move towards 140.00. Also it is important to note that price never broke the supply surrounding 137.50 from a higher timeframe...

MD13Financial

Previous week seller exhaustion yielded a huge bullish push to end the week and engulfed the previous week's candle. Moving to the daily we see quite the higher timeframe double bottom with neckline around 0.6900 (my next target) assuming we remain bullish. I'd also like to see price retest the neighborhood of 0.67750. At this point I have no bearish sentiment but...

MD13Financial Updated 

Starting from the weekly, we recently printed a LH by way of an evening star pattern. Last week's candle showed heavy indecision but closing with a bullish body. On the daily we experienced 5 straight days of dojis (daily) with 2 closing bearish. From this, I can conclude a complete deceleration in momentum from the sellers seeing 2 days straight of seller...

MD13Financial Updated 

A new LH (weekly) was recently formed and last week's weekly candle closed as a decent size doji. There is clear indecision on this pair as it leaks and bleeds toward 130.70. Moving to the daily, sellers have definitely slowed down and this pair is seeing a near complete deceleration in price. Friday's candle closed as a symbol of a possibly bullish push to come,...

MD13Financial Updated 

From our weekly timeframe, last week we closed with a candle showing lots of seller exhaustion and a very small bullish body. Sellers have been showing this exhaustion since early August. From a daily perspective overall we are quite bearish but the seller exhaustion is blatant and price has pushed up significantly 2 days in a row. From the 4H, we see the new...

MD13Financial Updated 

With NFP in the morning, Gold may be a decent fundamental play. USD fundamentals have been poor this week and gold is running according to technicals. On my specific broker feed, XAUUSD is showing a gap with some demand just below. If we get the pullback going into NY session, I'll look to go long and get as much as possible out of gold to close the week. If no...