Mlando17

Mlando17

This consolidating market has been making false breakouts yet failing to escape from its ranging zone... A break through the current support @0.91705 level will be the final confirmation to go short... Drop off your thoughts or ideas in the comment section below...

Mlando17

The US Dollar is currently weak, Euros Bulls will push the market higher... I have also spotted an inverse head & shoulders pattern which could boost the strength of Euro bulls...

Mlando17

1] Bearish harmonic pattern spotted on the daily time frame... 2] I Was expecting the price to push up to $2000 before declining...But the NFP event led gold to an earlier decline... 3] On the hourly time frame the market has broken a trendline it's been obeying since the 23rd of November... 4] A break through the new minor support will be my final confirmation...

Mlando17

The market has been trading below my trendline since the 27th of November 2021... And it has just recently broken out of the trendline which it has been obeying for a whole year... Creating a new minor resistance @12272.4 above my trendline, A breakthrough at this very same level will be a good confirmation of a bullish dominance...

Mlando17

Patiently waiting for the market to break my trend line... Since the 18th of January, the market has failed to break the resistance area @1.24512... A breakthrough in my trendline will be a good confirmation of bearish domination...

Mlando17

The formation of a bearish harmonic pattern will cause this pair to drop...

Mlando17

This pair has broken the up-trending structure, It has also created a head and shoulders (reversal pattern) on the new resistance zone, the market is currently consolidating, but at this point, it's looking very bearish. A breakthrough @137.194 will be my final confirmation for a bearish move...

Mlando17

A break through our resistance trendline-might lead to a bullish movement...Whilst a breakthrough our major support line-may lead to a bearish movement...!!!BEWARE OF FALSE BREAKOUTS!!!

Mlando17

The Head and Shoulders pattern, on this pair will be our confirmation to go SHORT... The market broke the neck of the head and shoulders pattern, and retraced back for a last kiss @139.471.. This pair has also been making lower highs... Our final confirmation will be a break through @135.582...

Mlando17

On the daily chart, this pair is currently consolidating between two zones. The pair failed multiple times to break out of it's ranging resistance. But my main focus will be on the 4HR time interval. If the market closes below my trendline again and breaks through the 0.85432 level, We should clearly expect a bearish move.

Mlando17 Updated 

I see this pair as a short term sell...Due to: 1]The Triple Top, Resistance Zone which the market has clearly failed to break through. 2]And the bearish harmonic butterfly, that formed right below the resistance zone.

Mlando17

On the daily chart there seems to be a double topped resistance zone, the market failed to break through. But our main focus will be on the 4HR time interval, where the market broke a bullish trendline, that it has been obeying since August 2021,and made a new major support below the trendline which is currently our major support roughly @1787.If the market breaks...