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Memomountain

GBPJPY ENTERING SELLING ZONEMain trend is BEAR since October 2022 Price is entering a powerful historic resistance area 2 rejections have already passed from this area last week making a double -top Price is under de 200, 150, and 50 EMA IF we get a good Bear candle it will mark the way =========== * If you like this idea please leave a comment so we can talk about it * Remember that it´s never a straight line to the target. * BIG profits to you ALL!!! === I am grateful to have been taught by God and myself on trading. My money grows every day.
Short
by Memo_Mountain
4
CADCHF looking upCADCHF was in a big downtrend but major support zone around 0.67800 made price redirect up The young Uptrend channel is evolving Price has bounced today from the lower channel line at 0.68604 and is coinciding with the 50 EMA So we are most likely waiting for the price to bounce higher up to the 0.692x area. Maybe further to 0.71 To add to this analysis, last week's Thursday and Friday Day candles rejected closes below the 0.69 or 0.688 high levels contributing to the Weekly TF close as a bullish engulfing candle with a positive growth twice the size of the previous week. =========== * If you like this idea please leave a comment so we can talk about it * Remember that it´s never a straight line to the target. * BIG profits to you ALL!!! === I am happy and grateful to the Universe and myself for both teaching me how to trade and multiply my money by thousands My money grows every day. Thank you
Long
by Memo_Mountain
GBPAUD GA Doble TopGBP/AUD BEARS are getting stronger On currency strength charts, GBP is still weak; while AUD exhibits bullish pressure, positively correlated with Gold surging toward 1900 levels. If the neckline breaks and holds as a new resistance the 1.7 / 1.65 area is very possible =========== * If you like this idea please leave a comment so we can talk about it * Remember that it´s never a straight line to the target. * BIG profits to you ALL!!! === I am grateful to have been taught by God and myself on trading. My money grows every day.
Short
by Memo_Mountain
2
Stand by for BUY signal on GoldStand by for BUY signal on Gold 1.790/1800 is an important area of support/resistance. 1) A breach and close above this level, will resume the trend line and climb to 1830/40. 2) if the price can't break the 1790/1800 barrier the trend will most likely change and retreat to 1700 levels 3) Right now, price is underpinned by 1790 support baseline and 50 EMA. And above the 200 EMA 4) Money flow index is in the green zone supporting Upside continuation
OANDA:XAUUSDLong
by Memo_Mountain
1
AUD sell idea1. The primary trend has been bearish since the beginning of 2022. 2: The price is at the top of the descending channel and will probably go up until it hits the 200 EMA. 3. My method is to enter the primary trend when the price hits the 200 EMA in the opposite direction and is rejected it. 4. The Money Flow Index is at 85 points 5. Plotting a Fibo retracement from February 2022 when the price was near 0.76 shows how the 200 EMA coincides with the 50% Fib Res. which is an excellent point to resume the downtrend. I think the 0.68689 area is a good opportunity to think about SELLING the AUD
Short
by Memo_Mountain
1
DXY rejection and BounceDXY is currently sitting on important historical support - 93.806, starting Wednesday's Asian session. Yesterday minor support at 93.470 hold good. Leaving DXY back at the bottom of Septembers´ ascending trendline This ascending line seems pretty strong still, if it holds, further gains to the upside are to be expected, having the top of the last 15 days range as the first roof to check. If 94.526 is permeable it will let the Dixie double range times 2 bringing it up to 95+ Let's see how it goes.
TVC:DXYLong
by Memo_Mountain
1
NZDJPY Short Opportunity - 60 pips aproxNZDJPY Short Opportunity Confluences: 1) Price has been rejected twice from a descending trendline (daily timeframe) 2) Is in the top half of a 20+ days range 3) In the 4H timeframe; 2 fully descending candles have closed under the 200 MA 4) In the 1H timeframe; 9 period EMA is crossing the 21 MA to the downside ------------------------------ I wish BIG profits to you ALL!!! ----- I am grateful to have been taught by God and myself on trading. My money grows every day in increasing quantities on a continuous basis.
Short
by Memo_Mountain