thomasnoe

thomasnoe Updated 

H4 price resting below the 8EMA. Previous H2 candle closed below MA Crossover indicating bearish momentum. Daily timeframe looks to have started a potential downtrend with a rebound from the 8EMA as well. Looking for our next Weekly Support Level to be met. Alternatively, If price breaks back above 146.500 we will likely continue the previous uptrend with a...

thomasnoe Updated 

I haven't updated this pair for a little while, so I wanted to share some insight. As we've broken below our Monthly Level of 1300 I believe we will see further downward momentum. Next Target projection is 1276.80

thomasnoe Updated 

Here on the Pound/Kiwi we can see the previous week broke above our Monthly Level 1.9500, however, price failed to close above this level showing signs of weakness and potential for an upcoming retest of our Weekly Level 1.9250. On the H4 we can see the previous Breaker candle closed below our MAs signaling a nice opportunity to go short.

thomasnoe Updated 

After a Counter Trend Line Break price re-tested our previous 4H Support. From there we've now seen the previous Monthly High taken out and will likely see a continuation up to the 1350 Key Level.