MSfx_Falc

MSfx_Falc

We approached one of the key value area around 1.80200 - price tapped into it and rejected in both 1H and 4H TMF. After some rejection price started to develop a Head and shoulder structure, retesting the back end of the left shoulder and the previous low. It rejected that area 4 times on the 15m, which increased the likelihood of a strong resistance for bearish...

MSfx_Falc

Price is moving correctly, low momentum creating a middle section in that overall possible Ascending channel for a reverse move. - On 1D TMF price moved with a strong impulse rejecting +50% of the previous buy candle. - 4H looks strong as well creating a correction in a good value area - 1H timeframe is forming an ascending channel with a middle section and...