Ro_Fx

Ro_Fx

MONTHLY TIMEFRAME. BREAK OF TRENDLINE RETEST CONTINUATION. CONFLUENCES FOR LONGS OVER THE NEXT FEW MONTHS!

Ro_Fx

Monthly Timeframe. Notice the breakout and retouch of the TL. Price has confluences of bullish movement for the next few months!

Ro_Fx

Potential for short, I might take the long trade up to fib level if price looks right

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READ DESCRIPTION ON CHART

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Another FIB in play. Just analysis

Ro_Fx

Price has retested the resistance zone and closed with a great indecision candle. Lets see where this goes.

Ro_Fx

MA'S ARE BEARISH CAPPED BY 38.2 LOOKS LIKE A TWEEZER LETS SEE WHAT HAPPENS

Ro_Fx

LOOKS LIKE WE HAVE MINOR SUPPORT GOING ON. IF WE BREAK BELOW IT WILL CONTINUE THE FALL IF IT BREAKS ABOVE THE MINOR RESISTANCE (YELLOW BAR) THEN WE HAVE A CHANCE ON RETRACING TO PAST RESISTANCE.

Ro_Fx

Price rejected resistance a few times... Lets see how this plays out

Ro_Fx

My Overall Target is to go short but I do expect a retrace to the 61.8. After breaking a counter TL price action is showing support around 1.54955. On the 4hr MA have crossed bullish and the 61.8 comes in confluence with the first touch on counter TL. Either way I have my targets to both sides.