Sub Forex Brothas let's kickstarting this weeks with this hot EU chart! -As you can see on 4-hours chart the price in a falling channel from 2 months, we dig out some pips from it last month==> check it out in related idea, so after 1.1700 major level breaks below I was waiting a chance to short and I guess now we have one! -RSI is chillin’ like a villain on...
-If you could remember in the first week of this month I published an idea describing au is about to hike in many ways, now we have that moment again as the pair is retesting the major level again ! -Now we nearly have same scenario with RSI almost in oversold area. -Buying at current levels could still get you a pretty sweet deal especially if you aim for the...
-Sup, bros ! Im kickstarting this weeks with GBP/JPY if you remember last week we dig out 100+ pips longing, we might get out of the market early but I believe we could have another long order position around 149.30., gather more bulls in to push the price higher. -As you can see we have a resistance turned support right smack on 50% fibonacci...
- Roses are red, violets are blue. I’m looking at these hot dollar charts and you should, too! - This level was like a nightmare for bulls from Apr2016-to-May2017 before it finally break above in Jul, as you all know this resistance turned to support level so it's not surprising that the pair retrace from this area since 50% fibo retracement right smack on it, RSI...
-As i mentioned earlier on Sunday the price gets into falling channel but I couldn't find a chance to get involve the market leaves me behind, but now we have one the price drive all the way up to a resistance line of the falling channel, with RSI almost in overbought area, also we are on a good structure look left, the odds in our favor -With sweet risk-to-reward...
-UpTrend Is Resuming! Looks like the 147.50 major psychological mark is still too hot for the bears to handle! The pair is having trouble breaking below the level, which isn’t surprising since it also lines up with a 38.2% fibonacci retracement. -RSI isn’t favoring a side right now, so we should wait till the price to retest a support level before we snipe our...
-As you can see, the pair is having trouble breaking below a major demand area at 1.6800 , which isn’t surprising since it lines up with a 38.2% Fibonacci retracement, with RSI almost hitting oversold levels. -Based on the long wicks below the area, it looks like forex bulls are defending the support very well, Not only that, but a bullish divergence has also...
-the bulls breaks above a mid resistance level of a rising channel, but are we looking at a real breakout or it's a fakeout, now if you compared this breakout with the previous ones you'll notice that the price retest the resistance area and bounce up, not crushed down like the others - And as y’all probably know, one of the more conservative ways to play an...
-As I mention before if this pair choose to head north 1.18700 is a good level to luck your profit and now Looks like the major psychological mark is still too hot for the bulls to handle! The pair is having trouble breaking above the level, which isn’t surprising cause if you connect that most recent peaks and troughs, we can see that a fresh descending channel...
- Looks like the 1.700 major psychological mark is still too hot for the bears to handle! The pair is having trouble breaking below the support level, which isn’t surprising since it also lines up with a 38.2% fib level. - RSI isn’t favoring a side right now, but we can see is heading north. -Now we have two scenarios: *first one is the support level hold and the...