Mrfx85

Mrfx85

Here can see a nice daily rejection comeing in at $2000 just as a mentioned it would in the previos post. I want to see a retest at $2000 and another rejection with a change of market structure characteristic on the h1. Once we get that I will sell looking for a swing target back into $1900.

Mrfx85

Gold has rallied for the last two weeks. We have come back into a major level in price ay $2,000 an ounce. I think we will see some market correction coming int this price with a significant amount of selling pressure. We had our pervious weekly fall from this area and have returned to retest. Had a previous weekly head and shoulders from this area on our last...

Mrfx85

USDJPY Analysis I see price going back to the H4 neckline around 143.250 then get a correction move to 139.500. If we get a breakout below that 139.500 level then we should see price get to 136.000. Which is the 61.8 fib zone of the last weekly push. From 136.000 I see market continuation to a new high target at 148.000

Mrfx85

Looking for a retest entry around 143.250 before we get sell entries 139.500 should be your TP level.

Mrfx85

Have a daily high, broken market structure lower low. Looking for sells at 61.8 and 50.0 fib retracement levels.

Mrfx85

Here is a road map for you to follow on XRP. Price action never lies, broken trends establish broken market structure. Broken trend confirmation 1, moving average cross confirmation 2, Pullback entry of the first lower low or higher high. Only trading you need, is off the daily high or daily low. This is the key to forex success. Period! All that other stuff is fluff.

Mrfx85

Here you can see price reaching the top of a monthly channel. We saw price make multiple failed attempts to push back into and test highs at 1534.65, giving us good rejection at that price action zone. Bears closed out Friday with a little momentum, so it will be interesting to see if we get some major selling pressure into next week. If we do a good area to...

Mrfx85

Sitting at this critical resistence hoping to gain some selling pressure target $1220

Mrfx85

Nice sell setup here

Mrfx85

Looking at the technical analysis and the price action shows we might be looking at a huge upside on BTC. Past price at this level also plays a huge factor here. Just be patience and play the trade, no need to rush get a good entry and sit. Looking to retest 6550.9 then rocket, wait for a breakout and retest of the trend price action zone and hold on to your...

Mrfx85

Looking at this market peeking out and retest at these highs, already seeing pressure to the down side. Good rejection here at this daily will most likely result in resting the previous major support around 11862. This is just my thoughts trade at your own risk.

Mrfx85

Doji Trend Reversals. Finding Dojis followed by confirmation candles give insight to change in market direction. (Trend) Finding dojis in critical areas such as touching support and resistance areas give better indications of reversals. I use doji reversal indications along with moving average and stoch crossover. looking for a long position to the 143 levels.