Mrcashinvestor

Mrcashinvestor Feb 11, 2017

AJ is currently sitting at major resistance. The daily candle also closed below resistance, expecting a downside move from here but waiting for price action confirmation first.

Mrcashinvestor Jan 7, 2017

Looking at the 4 hour time frame we are seeing a pull back on this pair. It had a nice drop and now has pulled back to a trendline that has some confluence with structure and the 61.8 fib level. I would like to see a nice bullish confirmation candle before entering the trade.

Mrcashinvestor Jan 4, 2017

As you can see this pair recently retested a broken trendline (black) and has began to drop. It is now testing the 61.8 fib level along with some confluence of previous structure. I will be interested in going long if this level holds. Follow for a follow back!

Mrcashinvestor Jan 4, 2017

GJ broke previous structure now it is currently retesting that structure which also aligns up with some key fib levels which indicates it will continue to move further up

Mrcashinvestor Jan 3, 2017

UJ broke out of the daily descending trendline and now is starting to retrace from a resistance area. At the moment it is showing some bullish rejection at that same trendline which is now acting as support. if this trendline holds we could see some movement further to the upside. I have some confluence areas marked on the chart. Feedback is welcome!

Mrcashinvestor Jan 3, 2017

This pair has been fighting to break major resistance. If it breaks and closes below the ascending trendline we should see it drop to the lower support line.

Mrcashinvestor Jan 2, 2017

Looking at a H&S on the 4 hour chart. Also a 61.8 rejection on the previous move (blue line). I would like to see it break below the lower red support line before entering.

Mrcashinvestor Jan 2, 2017

Long GU Confluence Retest of previous structure 61.8 Fib level being respected Bullish engulfing

Mrcashinvestor Jan 2, 2017

Possible ABCD pattern playing out. Nice rejection at the 61.8 fib level with previous structure

Mrcashinvestor Jan 2, 2017

Possible ABCD pattern playing out. The C leg lines up perfectly with a 61.8 retracement and previous structure. Also price is trending under the daily trendline which gives me more of a signal to short this pair at the moment