MolokoMoney

MolokoMoney Updated 

Very easy trade with an amazing risk-reward ratio. Chart speaks for itself innit.

MolokoMoney

After a break a and retest of the 4 year old overall triangle structure - we are ready for a further push to the DOWNSIDE.

MolokoMoney

BLUE LINE - We have a bias to the short side to test the bottom of the structure again and either break or is back up. RED LINE - There is however also a chance that bulls come back to the party in the coming week and initiate a second impulse and complete the overall three-touch structure. Beyond the pink structure 3-touch structure is where we can confirm a...

MolokoMoney

Let's eat up every single pip! Been patiently waiting for this one.

MolokoMoney

The chart speaks for itself.

MolokoMoney

A clear 3-touch downward channel has formed and we are expecting another leg downward after bouncing off the psychological resistance of the channel.

MolokoMoney

After a clear break of the upward consolidation, we're expecting an impulsive move downward all the way to the Fib extension. Going to let this one play out over the coming weeks and recalibrate accordingly.

MolokoMoney

Very clear structure. Similar to the pre-recession double top between 2008-2009. Let the structure play out. An exhausted DXY should support the ride down.