NoBossTae

NoBossTae

CHART ANALYSIS: Price has failed to hold above resistance on the hourly time frame. It has also formed a hanging man 2 hours ago. Last hour it also failed close above resistance, further solidifying a long term bearish bias. An hourly close below 1.120 will most likely allow price to drop towards 1.080. We would also be closing below a VERY strong trend line that...

NoBossTae

CHART ANALYSIS: Looks like bulls are taking over for the night. An hourly close above the major resistance at 1.1260 should allow price to pop to next major resistance at 1.140 within the next day or two. There is a lesser resistance at 1.1280, so placing a trailing stop of 15-20 pips would be smart. - No risk, no reward.

NoBossTae Updated 

CHART ANALYSIS: On the 15 minute chart, price has formed a bearish engulfing. But, on the hourly chart, price seems to be pushing back beyond the previous session high. An hourly close above 1.1340 will solidify a bullish bias towards 1.140. An hourly close below 1.130 will solidify a bearish bias towards 1.1260. - No risk, no reward.

NoBossTae Updated 

CHART ANALYSIS: The last time price approached this area, it dropped roughly 120 points shortly after. An hourly close below 1.1245 will further solidify a long term bearish trend. Also, price recently closed back below a strong trend line after a false breakout. 1.1260 has been a strong support for a week, and we broke that recently as well. The chart has...

NoBossTae

TREND ANALYSIS: This is a key hour as the price is pivoting in a crucial area. An hourly close back above 1.1260 would solidify a short term bullish TAKEOVER to 1.1340. Looking to make 60-80 pips tonight on the up or down side, EASY. Price recently failed to close below support at 1.1260, but if it happens to reverse back below, it should DROP like a bomb to...

NoBossTae

TREND LINE ANALYSIS: I've been seeing some of the most poorly drawn trend lines on here lately lol some of you are literally drawing the lines to meet your current bias. That is a VERY bad habit to have. You should be letting the chart tell you what's going on, instead of trying to decide for yourselves. If you're constantly losing money, this is probably one of...

NoBossTae

TREND FORECAST: During the last hour, price failed to break the 50 EMA. Now it's attempting to close back below the 200 EMA. If it does so, AND closes below 1.1260, we should see a BIG DROP. TP will be set at 1.1140. - No risk, no reward.

NoBossTae

Candlestick Analysis: Looks like a possible double bottom is forming. Holding to see if the current 1 Hour candle will close above the previous one. If so, I would place a buy limit order at 1.26. Yeah you'd miss out on 15+ pips, but it's wise to wait for stronger confirmation. Price has been bouncing around this range all night. Wouldn't want to get caught in...

NoBossTae

CHART ANALYSIS: Price succeeded at closing above the first resistance at 1.26. But, it has failed to close above the 200 EMA as well and is turning back towards the downside. A close below 1.20 will solidify my previous long-term bearish outlook. TP will be set at 1.10. Having patience here will probably be harder than making the money itself lol #HOLDING - No...

NoBossTae

CHART ANALYSIS: We are moments away from potentially closing above a key resistance at 1.26 on the 1 HOUR chart. Both a close above that AND a close above the 200 EMA would solidify a short term BULLISH stance. Also, there is a trend line that may be broken near 1.13. This also happens to sit VERY close to the 50 EMA. A close above these will further solidify a...

NoBossTae

CHART ANALYSIS: On the 1 hour chart, price has closed below both the 50 and 200 EMA. On the 4 hour chart, price has closed below the 50 EMA as well. The last time this happened was mid March. As you can see, price dropped nearly 600 points before a solid bounce occurred. The next strong support is at 1.10. It will be a bumpy road, as there are two smaller ones...

NoBossTae

I'm still VERY long term bearish. But, I'm not delusional. I'll BUY if price closes above the 50 EMA. I'll SELL if price closes below the 200 EMA. That simple... *REFER TO THE 1 HOUR CHART* - No risk, no reward.

NoBossTae

I love reversals. If you're not the risk taker I am, wait until an hourly close below the 200 EMA to sell. You'll probably miss out on about 100 pips. But, there will be another 190 waiting for you on the other side. - No risk, no reward.