Mbjoey

Mbjoey Updated 

We have seen OANDA:XAUUSD continue in the strong bullish rush creating higher highs and higher lows along the line. In the most recent time, price broke out on the most recent high (2,883.097) and not only found it as a support zone but also gave a price action candle showing some rejection of same zone. My take, if this current H4 candle closes as a bullish...

Mbjoey Updated 

OANDA:XAUUSD has remained bullish on the H4 time frame. I would however love to see price coming to retest a key zone around the 2,720 area which was a key resistance area initially. Price has clearly and significantly broken through the resistance and is attempting to find that level as a support. If the zone holds as a new found support, going long will be the...

Mbjoey Updated 

OANDA:USDCAD had been caught up in a consolidation phase for a while, trapped within the range at 1.4465 and 1.43424. We saw a breakout to the lower side and its retest which can potentially lead to a drop in the market. I will place my target at 1.38799. Do your Due diligence, past results does not guarantee future results

Mbjoey Updated 

BINANCE:ARBUSDT hits its lowest support area at the 0.4605 area creating a double bottom around the lowest support and a neckline at the 0.6537 level. We have seen the neckline broken and retested almost immediately however, price has come back to same area for a major structural retest. If this holds as a new found support, we just might see price going higher...

Mbjoey

FX:AUDUSD has been on a steady drop looking at it on the monthly time frame. However it has come to a major Monthly support area and showing some significant slow down in momentum. It is very more than likely to see price bounce off that area and start a bullish move. I will however wait for a break of an immediate structure on the H4 TF retest the area before...

Mbjoey

OANDA:GBPJPY topped out at 199.034 forming a double top with the neckline at around the 195.718 area which happens to fall on a previously broken resistance and later turned support. This area was massively broken through earlier today, if price finds resistance at the neckline and gives a good price action formation, price will likely fall lower. I will...

Mbjoey Updated 

FOREXCOM:SPX500 has been in a bullish direction. We have seen it make new highs and right now it is coming for a retest on the previously broken high. I will wait for a retest and see some price action at the 5,875.2 area before going long. Until then, fingers crossed. Past results does not guarantee future results, please do your due diligence Like and...

Mbjoey

OANDA:XAUUSD topped out at almost 2800 and there after we have seen some consistent lower lows and lower highs. If price continues to hold around the 2650 area with some significant rejections, we just might see price creating a new lower high and potentially targeting the 2542 key zone area. Although we might see price dropping lower than that, I will rather...

Mbjoey Updated 

OANDA:USDCAD Broke out of a major zone @1.39531 retested it and at the moment forming a double bottom around the zone. This point looks good for an entry, however, I will rather wait for price to break out of the double bottom neckline (to allow for a break in pattern of the lower lows and lower highs seen on H4) and its retest before going long. Waiting is the...

Mbjoey Updated 

The crypto space is gradually all shifting into the bullish phase and BINANCE:NOTUSDT is no different. #NOTUSDT has shifted into the bullish phase and I will hold till it comes to 0.01 point. I will not be surprised if the coin does 10x

Mbjoey Updated 

The crypto space is potentially set for a bull run as we have seen BINANCE:BTCUSDT gain momentum and finally breaking above the 73,630.47 recent high to hit a new all time high of about flying slightly above the 76,000 mark. This has triggered momentum in most alt coins and BINANCE:WUSDT is no different. We have seen market creating multiple bottoming out...

Mbjoey Updated 

We saw a massive strength gain to the USD yesterday which shifted a lot of expectations in the market direction. The previous low @1.07682 on FX:EURUSD was broken and now we are seeing market back at the zone again for a retest. If the zone holds as a new found resistance, and we see some form of price action candle to confirm the exhaustion of the retest, I...

Mbjoey Updated 

OANDA:AUDJPY trapped within a consolidation phase, a breakout on either side will determine the next move. Until then, fingers crossed

Mbjoey

FX:GBPUSD Trapped within a consolidation phase around a major zone. A breakout on either side will determine our next move, until then, fingers crossed

Mbjoey Updated 

OANDA:GBPAUD Peaked out at 2.00406 breaking the 1.99753 of August 2023. Price is currently consolidating within the range of 1.94878 (as upper boundary) and 1.93170 (as the lower boundary). A break on either side could trigger the next phase we might experience in the market. That said, I will prefer to see a continued push to the lower side to sustain the...

Mbjoey Updated 

OANDA:AUDJPY did beyond my expectations on the sell and right now, we are looking at the bulls attempting a come back in the market. A break above the 97.461 area and its retest will give me a confirmation to go long, other wise, we just might see price pushing lower. Until then, fingers crossed. Disclaimer: Results are not typical, past results does not...

Mbjoey Updated 

OANDA:AUDJPY had a cool bullish run on the H4. Looking at it from the TA angle, we have seen a sharp drop around the daily key resistance area plus we have seen some shift with the new lower highs and lower lows gradually setting in. #AUDJPY just might drop to the 104.639 area.

Mbjoey

NASDAQ:STX is still attempting to reclaim the bullish momentum and so far, the 1.760 zone (Previous Resistance now turned support) seems to be holding. A further bullish push just might lead the start of another bullish push. This does not completely rule out the possibility of another dip in the market. As long as the now found support holds, the bulls will...