mobfx

mobfx

AUDCHF short

mobfx

Potential scenario

mobfx

Looking for double confirmation - retest of zone Followed by price action confirmation (e.g. bullish engulfing candle on 4hr TF) Then entering long

mobfx

Potential scenario

mobfx

- price to retest trendline - looking fr price action confirmation before entering long

mobfx

- lots of buy pressure in the market - price made a push through zone - expecting an exhaustion - possibly at trendline - looking for price action confirmation before entering long again

mobfx

Already hit tp1 for 24 pips! *risk free trade* For the record, I believe price will make its way down to lower zone.

mobfx

- I am expecting a minor exhaustion on this pair to retest former resistance level, making it a support. - Looking for price action confirmation e.g. a bullish engulfing candle before entering long - Long till 4Hr Zone

mobfx

After predicting successful long (100 pip profit), here's what I believe is next for this pair. - expecting a minor exhaustion at hourly zone - then looking for price action confirmation e.g. a bullish engulfing candle close (on 4HR TF) - then entering long until monthly yellow zone

mobfx

- Price to retest downtrend and break through purple monthly zone. - Price to retest the same purple monthly zone as a resistance level - Waiting for price action confirmation e.g. a bearish engulfing candle close on the 4hr TF, before entering short - Price to make its way down to lower purple monthly zone.

mobfx

USDCHF long Already 50+ pips in profit. Due to fly up a bit more I believe