mofk21b

mofk21b

Symmetrical triangle is formulating, watch out for break out.

mofk21b

Price is entering support zone(8387-9085), good opportunity to go long, first target previous high(~14500), hopefully will break and go higher, but I believe will take a while for that.

mofk21b

Price is reaching support zone(693-749), in my opinion this is a good opportunity to go long, target to previous high(2047) However if this support zone fails, looking toward the next support at 436

mofk21b

After yesterday Monetary Policy Report from Bank of Canada, price was pushing above the key resistance 1.2774 , closed above this level and made new high since mid Aug. With this price action, my bias is more to bullish side. Now I'm waiting for the price to come back 1.2774 level and go long, aiming for next resistance at 1.300 9 and 1.3338 . If the ...

mofk21b

After 4th attempt on the key resistance level 88.90, price broke the resistance and went higher. Right now, the pair is in correction phase. I'm expecting to go long again if it goes back to 88.90 level, targeting for 93.20. If it fails the support, i will look for pull and short again. P/S: please follow me for more ideas, thanks a lot :)

mofk21b

Overall the trend is still bullish, the price is in corrective range with small false break, followed by quick sell off. This indicates to me that the seller force is still in play. I'm expecting to go LONG when the price going down to 130.65 - previous broken major resistance, which is going to turn to support.

mofk21b

Another head&shoulder pattern in 4H timeframe, I entered short at 1.7000 level, currently in profit, for those who missed the entry 1.7000 can look forward to short again around 1.6901-1.6915 level. Below we have 1.6800 is nearest support, if we break this, I’m waiting for a pullback then short again, targeting 1.6623, 1.6185 . Gluck

mofk21b

OANDA:EURUSD Well this is my first ever post, looking to improve my analysis and English (as well) along the way. Thanks for any feedback. After this pair has broken the major resistance zone (1.1613-1.1714) , price reached higher and made a corrective move back to the zone(now become support zone) - making another opportunity for buyers to jump in. After...