mmjotic

mmjotic

Potential breakdown - see box drawn on chart. Price could be forming a top in a new downward trend channel. Trading at 1/3 from bottom of quarterly range OANDA:US2000USD

mmjotic

Large pin bar on monthly chart. Price is pushing up against downward trendline OANDA:SOYBNUSD

mmjotic

Price is consolidating at 3 month low. Looking for a break of last swing high as shown by box drawn on chart. Expecting that level to hold and become support. OANDA:XPTUSD

mmjotic

see trendline on chart. OANDA:XAUEUR

mmjotic

Minor support level being respected - looking for continuation of new uptrend OANDA:XAUSGD

mmjotic

Pin bar developing on the monthly time frame. Price has fallen through prior month lows that could act as support. Price has since pulled back above support. Looking for price to consolidate around current month high before establishing new uptrend. OANDA:SOYBNUSD

mmjotic

Price is coming off multi year lows. Price broke out of extended consolidation on daily time frame. Weekly time frame is trading off support. Looking for a strong move away from these levels in May and June OANDA:CADSGD

mmjotic

Price is creating an ascending triangle on the monthly chart. Price is currently respecting an uptrend line. Support levels exist from previous resistance levels in the near term 4hr chart. 1.01150 is likely breakout area. OANDA:USDCHF

mmjotic

Potential accumulation on hourly time frame. Looking for price to use prior month low as support level along with support level drawn on hourly chart. Still in the infancy stages. Next month could see the uptrend resume. Could be a good entry for a few month hold. I love that large reward to risk 10+, 20+, 30+ OANDA:XAUJPY

mmjotic

Looking for uptrend continuation. Effectively same analysis as Gold EUR OANDA:XAUSGD

mmjotic

Price is lingering around the current month high and its close to prior month high. Two days ago there was a nice move to the upside much larger than any move in several days. Limit order set to breakout of box drawn. Stop loss and risk determined based low of thrust bar. You can manage the position as it develops in case you don't want to take a full 1 R...

mmjotic

Loading up - finally getting a bit of a break in the downward structure. Could have a nice move intraday early next week to break out of this week's high. The higher price closes into this week's high the better. Not looking for much a retracement next week before it takes out next week's high OANDA:XAUCAD

mmjotic

Might have a bit of that next week or two. Price is respecting support. Weak downtrend. Looking for max 50% retracement into current week's range sometime next week. OANDA:XAUGBP

mmjotic

Bullish breakout forming on Gold Aussie. Inverted head and shoulder pattern on 4HR chart. Ascending triangle with price pressed up against current month high. Price is moving fast if you look at daily time frame. There may be a pullback before we go higher. If you are going to take the breakout anticipate a strong move away from the breakout level. If this...

mmjotic

Price needs to accumulate around prior month highs for a bit longer before I'm interested in going long. The downtrend retracements needs to be invalidated before prices can go higher. Another bullish scenario is for price to spike higher and have a sustained tight consolidation around the high of the spike. The bearish scenarios are for a grind lower to the...

mmjotic Updated 

Price coming off double bottom. Anticipating this is May's low. Looking for price to create additional monthly range towards upside. Looking for an aggressive move away from these levels to establish new support level within May. Anticipating monthly close to meet or exceed prior month high. We have a few kicks at the can here so it's worth being...

mmjotic

Price touched 10 month low which is a significant support level. Look to go long today or tomorrow depending on intraday structure. Do you anticipate much retracement into previous day if trading tomorrow's open. Stop below last swing low OANDA:SOYBNUSD

mmjotic

Price leaning against downward trendline Downtrend has been weak. Could be a good point of inflection. Bullish bias based on higher time frames. Entry is aggressive on breakout of box drawn - lots of price action above current level. Anticipating clean move up otherwise keep this one on a short leash. Better setups coming to upside potentially. 0.5% risk...