MRFOMO69

MRFOMO69 Dec 31, 2022

Daily volume is dropping as price goes up that’s usually a bearish sign. Secondly price is sweeping liquidity. As well as the bearish divergence on the rsi. However a 4hr candle closed Above resistance therefore if price retest the support and holds we could go higher but overall I expect it to retrace as it could be a bull trap. Eurusd is highly manipulated.

MRFOMO69 Dec 28, 2022

Chnage has clearly changed on the 4hr tf and a rsi bearish divergence on the daily as well as retracing to 0.5 0.618 fib level. So im expecting a leg down to the next daily support in the coming days.

MRFOMO69 Dec 18, 2022

The setup looks amazing. Theres alot of liquidity above and it formed a ascending bearish flag on the 1hr tf therefore im looking for a sell setup here. Im might take a medium risk but trade at your own risk this is not a financial advise.

MRFOMO69 Dec 15, 2022

Eurusd has had a very bullish move on the daily however there were no retest in the lower zones thefore has form lots of bearish divergence on the rsi so i expect one more retest on the uptrend resistance before retesting the FVG at 1.02-1.01 levels

MRFOMO69 Dec 15, 2022

Usdjpy had a bullish impulse last night and showed that the buyers are back as of now i expect a rejection at the current small resistance and form a higher low before breaking resistance and head up to test the downtrend resistance.

MRFOMO69 Dec 13, 2022

I expect a rejection from here due to the strong resistance however there is manipulation in play i expect a fake breakout which is a perfect entry for me and we shall ride the wave down.

MRFOMO69 Dec 12, 2022

Usdjpy nearing top i expect a retest on the support if it holds it will retest the downtrend if the support doesnt hold i expect a retest on the previous higher low.

MRFOMO69 Updated  Dec 12, 2022

Eurusd might retest previous higher low short term.

MRFOMO69 Dec 9, 2022

Pound seem to be loosing its buying power and rsi seems to be overbought and shows a bearish divergence on the 1hr and 4hr tf therefore i expect a retrace to lower part of the uptrend channel.

MRFOMO69 Dec 8, 2022

eurusd topped on daily if it breaks the ascending triangle hence the uptrend line it will most likely drop. bearish divergence on the rsi and a classic bearish pattern formed.

MRFOMO69 Dec 8, 2022

Usdjpy has been in a downtrend for awhile now however i do see the trend changing soon due to buyer power increasing and a bullish divergence on daily rsi though i expect a higher low to form or double bottom first hence a retest from now is expected.

MRFOMO69 Dec 8, 2022

Audusd formed a higher low on daily therefore i expect a retest previous daily highs. There was a breakout on the 1hr tf that’s currently playing out

MRFOMO69 Dec 8, 2022

There was a daily breakout from the downtrend however there must be a retest before making new highs so i expect a drop here to retest the previous higher lows on the 4hr tf and since dollar is making a move up foreign currency should retrace.

MRFOMO69 Dec 2, 2022

After filling some liquidity its ready to retrace and its about to break from the bearish ascending triangle and seeimg thats theres alot of upper wicks its a bearish sign as well as the rsi divergence on almost all timeframes. Good luck traders!

MRFOMO69 Dec 1, 2022

As you can see audcad has fromed a bearish ascending triangle on the daily and nearing the current downtrend trendline. Seeing that rsi is overbought safe to say its going to retrace back to previous weekly lows however if the support holds we could continue moving up so this is not a financial advise trade at your own risk. Happy trading yalls.

MRFOMO69 Nov 5, 2022

Btc is at an area of strong resistance and looking at how long it took for btc to climb I expect a rejection. But if btc makes a higher high and closes candles above 23k this idea Would be invalidated.

MRFOMO69 Nov 5, 2022

Btc seem to be moving in an upward channel and most likely will start to reverse back down to 20k area if it hold we will keep moving up however if it fails to hold 20k ish the bear market continues. In my prospective I think we still have months of sideways action before any huge movement upwards.

MRFOMO69 Nov 5, 2022

A small movement like this doesn’t mean the bull market is back. A typical bear market last twice as long as a bull market. Anyways the whales know what their doing if it was the bull market we would have been making higher highs however all we’ve been doing is sideways in a box not until we break above the box there’s no bull market for me.