plorenz21

plorenz21

NZD Daily chart is looking nice for a swing setup. We have a nice double top formation on the daily and we are on track to set a lower low well be keeping a close eye on this setup

plorenz21

We could see more bullish momentum on DXY with Powells recent comments about interest rate hikes powell is due to speak again tomorrow. WE have broken resistance of 90.50 if we hold above this resistance we can see more upside potential for DXY

plorenz21

BTC hit 19,700 to the point and started falling. Bitcoin corrections have started and we can see price drop to as low as 5k. If we break the supply zone of 10k I see btc falling more if we see reversals form on the 4h and Daily charts I will buy btc there

plorenz21

Buy ripple now while its low escrow will be happening soon lockup of tons of xrp price will take off lets so how far the rocket climbs :)

plorenz21

Retracement could be completed could see newer highs created soon Looks to be holding the above the %50 zone many wicks

plorenz21

bitcoin seems to have created those newer highs we have been waiting for looks like it may be time for retracement I am expecting a drop to the $4800-$4400 area and then we will see potential bullish movement up to 7000

plorenz21

We have finally broken the Weekly trendline for USDJPY looks like usd jpy will be bullish watching for a retest of the trendline and then we should break resistance and create a new high

plorenz21

We have broken daily trendline on this pair Friday of last week I will be watching for retest of the trendline for an entry before more bearish movement

plorenz21 Updated 

Possible reversal forming for DXY as we broke through resistance at NFP last week but failed to hold above it

plorenz21

Could see a great swing entry from GBPJPY. We have a strong weekly resistance currently be respected now as support as GBPJPY jumped 100 pips overnight Sunday to Monday

plorenz21 Updated 

Possible usdjpy swing entry USDJPY is sitting on weekly trendline which it has respected in the past and bounced off a couple times I'm expecting a rejection of the trendline and further bearish movement

plorenz21

Watching for short around 50-61.8 fib resistance I have entered this trade already and for those who wish to follow more I have a telegram where I post daily content Telegram: t.me

plorenz21

eurusd retracement seems to be completing its slowing down at the 50-61.8 fib zone could see a reversal form waiting for confirmation I also have started a telegram for those interested

plorenz21 Updated 

Ripple has been consolidating in the 50-61.8 fib range it has failed to create newer lowers respecting that 61.8 fib I am expecting a possible breakout on this crypto will be watching it all week for movement

plorenz21

We have been tradining in a range for GBPJPY in the recent weeks expecting it to break lower

plorenz21

AUD Longs looking good Solid rejection of 61.8 fib and failure to create a new low. I think with nfp tomorrow we may see AUDUSD create a new high

plorenz21

XRP has rejected the 61.8 fib and looks to continue to create a newer high

plorenz21

GBP reversal on daily timeframe?? GBP Looks like a good long entry