MphoNong

MphoNong

Market created a Double bottom formation signaling a possible reversal on GU. A break of the neckline should suggest a long position on GU

MphoNong

Market failed to break support and rejected. On lower timeframe market created a double bottom pattern suggesting failure to go lower and bulls stepping in on support.

MphoNong

Market touched upper channel and shown no strength to break higher. This rejection can push the market lower

MphoNong

We can clearly see that BTC has finally broke out the falling wedge and breaking pivot level. This shows great strength of the bulls and should expect market to push higher

MphoNong

Possible short on US30, market failing to break resistance

MphoNong

DAX is still in a relatively strong bearish trend. Market looks to be breaking out to form a bullish trend but before it can continue pushing to the upside it must retest its break out point. There’s a strong resistance ahead which can push price lower to retest before continuing with its up movement

MphoNong

Possible sell on GU if market fails to break resistance.

MphoNong

Price formed a Ascending triangle after an impulse to the upside. A break of the resistance we should expect price to impulse higher.

MphoNong

Price gave a huge impulsive move to the upside on the first leg followed by a corrective move forming a Ascending Triangle Pattern. From here a break of 14431.55 we should expect a second leg of the impulse move to the upside.