The Gold has rocketed fast for several days.
There are two plans for trading gold.
Plan 1: sell at 1327-1332 because of the supply zone;
Plan 2: sell at 1338-1346 because of the bearish bat pattern and supply zone.
Both the two plans aim to 1300 firstly and 1280 secondly.
Sell after the bearish signals appears, otherwise, don't move.
LUCKIN COFFEE, a new style for instant consume, has bucked since IPO, even the issue price was broken out.
After it hit the lowest price 13.71, now it renews with a spike.
There is fresh demand zone formed at 14.7-15.7, which is good to buy if the market pulls back.
SL: below 13.0
TP: 24.5 and further more
PINTEREST has bucked since its IPO.
Now it is good to buy because of the bullish Gartley pattern has completed.
Meanwhile, a good fresh demand zone has formed.
Buy at 23.6-24.5
SL: below 23
TP3: 31.5 and further more
BIDU has dived sharply because of its bad Q1 report which sparked several managers to quit.
This notorious giant is far behind another two giant, Alibaba and Tencent.
Although its future looks dim, a good demand zone may support the price from descending further.
Buy at 83-97
SL: below 83
BIDU must have a revolution as soon as possible, otherwise, more...
The Tiger broker and Futu broker, famous internet broker in China, have plunged after its IPO, which cut half of their value.
It seems difficult to find where the bottom for the brothers.
So don't buy either of them until the bottom appears clearly.
Jumia, African Alibaba, plunged after rocketing.
From the chart, long-term bullish bat pattern is for long, but short-term Gartley is for short. What should we do?
Sell when the price hits 28.2, then buy at 18.8-20.4 after the price drops with SL below 18 .
If the price breaks out the 28.2 directly, buy at the pullback.
Canada Goose has dived sharply because of the sad report, which implies it's too fat.
Will the cold goose ascend or descend in the future?
I think it can still fly for because there is a good demand zone below the current price.
So don't worry about the dive, believe that white goose.
Buy at 28-33
SL: below 28
White goose like white swan, it will...
The man-made meat firm has spiked since its IPO.
Is the man-made meat accepted by all consumers or just the company is accepted by the investors?
I don't know, maybe it is the trend in the future.
From the chart, we can only buy at the support because there is no limit above.
Good zone for buying is at 77-81.
SL: below 770
TP: 100 and further more
DXY has shaken up for nearly 4 months, but will it move further?
There is a good supply zone above the current price.
Meanwhile, the current price pattern resembles the historic price pattern, Nov-Dec 2018, where the price dropped after the pattern.
Will the history repeat itself?
Let's wait and see.
It is not good to buy any more, though the upward trend-line is...
ETHUSD has spiked about 80% in the past month.
Now it is facing a crucial resistance which may stop the further rising.
A good supply zone is at 274-321.
So it is good to sell at the PRZ, not buy, when bearish signals appear there.
Sl: above 321
TP: 174 and further more
Currently, the market is so strong because of the politic reasons, so stop loss is needed.
The Japanese Dollar has risen strongly because of the China-US trade war and it will go on if the trade war continues.
From the chart, there is no crucial support anear for EURJPY below current price.
So it is good to sell EURJPY until 116 zone where the bullish bat pattern will complete.
Good place for selling should be found in low time-frame.
Good buying place...
TSLA has dove for 3 months because of vast reasons.
Now, a crucial support will work.
The good demand zone is at 185 levels.
Meanwhile a bullish Gartley pattern has completed at this zone as well.
So it is good to buy at this PRZ when signals appear in low time-frame.
SL: below 185
TP2: 305 and further more.
The Tsla new plant in Shanghai has...
UBER is bucking between 35-45 after it IPO.
From the chart, a good demand zone is at 37.25-38.15.
So it is good to buy at there.
SL: below 36
TP: 42.4 and further more.
If the demand zone is broken out, a bullish bat pattern will complete at 36.5.
The wheat is like the corn because they are all agriculture products.
A good supply zone is above the current price.
So sell at the zone if the zone is not broken out.
If the zone zone is breached, buy at the pull back.
The CORN has soared for a month because of the China-US trade war.
Will the Corn move up or down in the future?
A good supply zone is above current price and the price seems to stop moving upward.
So it is good to sell at 4.20-4.36 level with stop loss.
SL: above 4.36
If the supply zone is breached, buy at the pullback and aim to 5.0
Bitcoin has rocketed for two months and the market is becoming hotter and hotter.
Will Bitcoin still rise as last month?
I have on opinion, but there is a good supply zone above the current price.
8582-9948 is a critical zone, which is near 10000.
So it is not good to buy here but to sell.
The stop loss is needed...
The USDCAD has rosen slowly step by step for three months as the DXY moves upward.
A bearish BAT pattern is forming at 1.359 level.
Meanwhile a good supply zone is at 1.357-1.366 levels.
So it is good to sell at the PRZ when bearish signals appears.
SL: above 1.366
TP3: 1.312 and further more
XPT has declined for several weeks. Will it still drop in the future?
No, I don't think so. The price moves close to previous low.
Now it is time to buy because the demand zone locates at 760-780 usd.
SL: below 750
Traders must wait for the reverse signals in the PRZ if positions is opened.