mk-fx

mk-fx

XRP hit resitance and it looks like it may retest $0.28. I am waiting $0.33 for entry.

mk-fx

I am waitinf XAUSD to break trendline and make a retest to take short position. Maybe it will go a little more up to reach strong trendline again. TP is 1535

mk-fx Updated 

USDCAD is again at 78.6% fibonacci level (or 61.8%, it depends on how you draw fibo), which was respected in the past. I am waiting for trendline break on Daily TF, and retest. Perfectly in a form of Head and Shoulders to take a short position. UC is in correlation with oil, which can drop a little more, thats why we have to be patient and wait for trendline break first.

mk-fx Updated 

Waiting for GN to break ascending trendline on h1 to take short. TP is at strong Daily Trendline. At the moment the price is rejecting 61.8% fibo level, which is one of confirmations for taking a short. Before doing anything I want to see trendline break

mk-fx Updated 

GBPAUD it looks like its finally ready to go to te upside. On lower timframes you could easily catch the entry. Maybe we see retest on h4 so there is another chance. TP 1 is at 1.9480

mk-fx

GJ broke ascending trendline, currently in the perfect zone with trendline and fibo confluences. TP is 140.500.

mk-fx Updated 

US30 and Gold are inversely correlated. On US30 I am expecting bullish rally which lines up with gold's short analysis. Price came to 61.8% fibonacci zone where I expect a reversal. Next thing I want to see is trendline break and then I wait for retest on lower timeframes. Short potential is huge, TP 1 at 1535

mk-fx Updated 

Its possible EN will drop to retest 1.6900 level. EN is respecting 61.8% level on daily. TP 1 is at 1.70340, TP 2 is at 1.6900

mk-fx

EN could reverse for at least 150 pips. It looks like it will retest 1.6980. Entry based on m15, where it broke the trendline, now its making a retest.

mk-fx

AUDJPY broke ascending trendline, now its making a retest. I think it will touch upper trendline one more time. On lower timeframe it respected 61.8% fibonacci level, which gives me TP at the trendline. Everhing lines up. TP for buys is 74.800, TP for sell is 71.500

mk-fx Updated 

USDTRY respected important fibonacci level 61.8 and at the same time bounced from strong support. That puts TP 1 to 6.15000 TP 2 to 6.50800 TP 3 to 7.70800 Fundamentals makes TRY losing value. qz.com

mk-fx

US30 broke resistance and made a retest. Now I am waiting for a retest to take long position. TP at 29750

mk-fx Updated 

GN looks bullish with great upside potential. I am waiting for counter trendline break+retest to take a buy.

mk-fx Updated 

I dont trade Crypto, but WAVESBTC looks nice for long. Its retesting support, SL is small, R:R is big as always.

mk-fx Updated 

GA also looks bullish. Momentum was strongly bearish. I wait for CTL break to make a move.

mk-fx

Gold respected strong trendline which connects with 78.6 fibo. After retest on lower timeframe it looks good opportunity to take a long position. TP 1 is 1600, TP 2 1610. Final TP is 1635$.

mk-fx

Daily trendline was broken, fibonacci level was respected. TP1 is 1.9480, TP 2 is 1.9150

mk-fx Updated 

EURNZD is in downtrend, in past weeks it dropped a lot, it also broke important trendline on W. Now is coming back to previous support, which lines up with trendline. I am watching yellow zones for reversal. I want to see break of trendline on h4 and retest to go short. SL will be small, around 40 pips. My longterm is 1.5920, but before that I am seeing 1.6520 as TP1.