MunkhtsatsraltBaasanjav

MunkhtsatsraltBaasanjav

Fibbo 61.8% rejected the price go down after breaking its uptrend support. short term analysis showing strong bearish signals. looking close at 61.8% PA shows that price can go both ways so waiting for confirmation for short is breaking 61.8% in the next 2-3 candles. confirmation for long is breaking of 1.4100 resistance. (this analysis is also a outlook...

MunkhtsatsraltBaasanjav

EURUSD Symmetrical triangle support has been broken. now it shall do retest around 1.2290 area. (showing in horizanal level analysis) and then it will be bearish until 1.2160 area.

MunkhtsatsraltBaasanjav

if broken 1.2260 level the price shall fall down to 1.2160 area go shor. retest back to 1.2290 and then fall down perfectly.

MunkhtsatsraltBaasanjav

On this daily chart of USDJPY. the price tried to break and did false breakout of the of the horizantal level. In the past the horizantal level had been broke and the movement kept going, but this time the movement is consolidating. +there is 2 big bullish engulfing candles showing signals to go long. then the next 3 bearish candles are slow moving. Price...

MunkhtsatsraltBaasanjav

USDJPY is still in its downtrend area but i see price action showing strong reversals on very strong level, supply area. The price has dipped in once and started moving higher. but there is still 3 levels of Fibonacci resistance (which are shown in red) to prove further long term bullish movement. The candle at 4/2 20:00 EST time is the indecision candle and...

MunkhtsatsraltBaasanjav

refer to monthly chart analysis below. long term investment entry.

MunkhtsatsraltBaasanjav

CADCHF Wedge formation has broken its resistance now it must retest its support and shoot back up. following the rule of the chart pattern. 3800 pips are on the eye in the next 4-8 years. It's a real long investment plan but its worth it. enter 10 positions.

MunkhtsatsraltBaasanjav Updated 

CAD/CHF pair finished its downtrend? The pair is now looking for higher highs, but first needs to drop a little bit to 50% or 38.2% to shoot back up. Im seeing this as reversal of trend..

MunkhtsatsraltBaasanjav

USDJPY is near its daily/weekly support line- plus formed falling wedge formation on 1H chart, indicating a strong move up DXY is forming symmetrical triangle. be cautious and look closely at the break out of DXY 1H symmetrical triangle

MunkhtsatsraltBaasanjav

Dollar could go up or down, depending on how Donald trump reacts on Florida mass shootings, the dollar may react

MunkhtsatsraltBaasanjav

Buy or sell when break out happens. im more biased towards the buy