MBFX6

MBFX6 Oct 12, 2019

EURNZD (H4): bearish structure on this time frame; ABCD pattern in play. For entries to go short I would suggest waiting for the retest of 1.74500 or the pullback following a break and close below 1.73500 (Daily): bullish structure however, price has been in a range for quite some time. We have a potential 'lower high' printed at 1.755, however 1.73000 needs...

MBFX6 Oct 12, 2019

Price has now completed the Harmonic crab projection at the 138 level. I will be keeping an eye on this level during the early stages of next week. Ideally we would see another pattern forming on the lower time frames for confluence on a retrace before heading higher. The bulls are clearly in control with the shift in market structure. We may see a push up to...

MBFX6 Oct 12, 2019

GOLD (Daily) bearish structure, with the latest swing high printed at 1519. The harmonic Shark projection is closing in on completion, and thereafter I feel we could go as low as 1439. Ideally we would get a pull back to around 1498 to start looking for entries for the next swing. I will be monitoring the lower time frames for valid setups