MICHAELGEN1

MICHAELGEN1

07/16 outlook. looking for a break and close above or below the consolidation level before taking a trade.

MICHAELGEN1

sell at break of 171.00 buy at break of resistance

MICHAELGEN1

its is evident that price is in uptrend, however its within the area where is previously failed to break for a bullish momentum. so im waiting for it to break and close above this level as a confirmation of bull continuation, then scale down to five minutes chart for a retest and signs that price is holding the support following by bullish momentum then enter a trade.

MICHAELGEN1

Nasdaq just hit 12-months low and retesting h4 structure, with indices hitting lows and strong on bearish... can price continue to fall ?

MICHAELGEN1

with dollar, gaining strength each day. im expecting to see Nasdaq rally if double bottom is maintained on the structure.

MICHAELGEN1

dollar is continuing to maintain its dominance against pound. if price break the structure, it will continue to fall

MICHAELGEN1

confluence to support bearish sentiment 1. the overall trend is down. 2. price failed to continue with bull structure. 3. price break bearish trendline. 4. supposed to be a retest of bearish structure, before price fall.

MICHAELGEN1

technical analysis

MICHAELGEN1

xx

MICHAELGEN1

usdchf

MICHAELGEN1

follow me for more

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usdchf

MICHAELGEN1

Next week we might see price gaining momentum and recover from the decline

MICHAELGEN1

no complication, just a simple price action on a naked chart. follow me and like, don't forget to comment your thoughts on this

MICHAELGEN1

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follow me for more content like this and be sure to like and comment your thoughts on this. Good luck and have a profitable trading week

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nas100