ChinaHelloWorld

ChinaHelloWorld

Price is still in down trend channel and it is retesting the resistance. Still try to short it with two places. One is in resistance and second place is in support line break down.

ChinaHelloWorld Updated 

It could be in D retraction wave. After bounce back to 50% and previous supports, it would continue south and the long term trend would turn to south...

ChinaHelloWorld Updated 

As screen, AUDUSD could be on behalf of B wave. It could still have meat in B wave. After touched the interaction point of resistances and retracted about 50% to 62%, it would start the C wave to go North in long term.

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Guppy is crossing. The price would try to turn. After break the down trend up line, it would start the third wave of up trend. Stoch is trying to go up from over sold area.

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EURGBP retest the intersection point of multiple resistances. Stoch is over buy. Try to open more short orders with tiny stop now.

ChinaHelloWorld

Guppy dead cross, strong parallel MA pointing to South. Break up trend bottom line. Stoch is staying in over sold for a while. But it is not a good time to entry for short at this moment. Wait to check if there is any retract later.

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EURGBP could go north first to touch the intersection point of long trend up line and previous resistances, 50% Fib Entrancement and Events time line. Then, go south.

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It could be in the fourth retraction wave, after touched the up trend channel bottom line and previous resistance are, it would continue go north.

ChinaHelloWorld Updated 

USDCAD could be in Elliott second wave. After retract to previous support/resistance line and 38.2% Fib Retrace, it could continue go north as Elliott third wave. Pay attention at Oct 12, Oct 13 events.

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Gold still has power to go up based on trend trading strategy.

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It already break the up trend bottom line previous. Now it is retesting the resistances. Stoch is continue showing over sold, very weak. Guppy dead cross. It would go south to start its B wave in long term.

ChinaHelloWorld Updated 

Daily time frame showing a B wave start point. And Stoch already retracted back to 50 level which is showing resistance.

ChinaHelloWorld

Based on Stoch and RSI, they are holding in over buy position for a while, those will bring concern if USDJPY would go to south as previous sideways ? Also, based on other analysis in USD Currency Index and EURUSD, USD could go north, so, USDJPY go south could be conflict with other analysis. So, now, it is not a good time to say USDJPY go south or go north. It is...

ChinaHelloWorld

Guppy long term supporting. Wait until Stoch in over sold position and price complete a XABCD pattern. Around the up trend channel bottom line and down trend channel top line supports.

ChinaHelloWorld

In daily time frame, guppy long terms are still offering support and stoch is in over sold position. So, in short term, EUR could go north first. After touch the down trend channel top line and complete a xabcd pattern, it could go south. Pay attention on 2017-10-06 USA and Europe events.