Hello traders, Dollars is dropping alone with the EMAS. Check EURUSD to see if you can find out a new swing rising against DXY. Next support zone for dollars is between 102.4-102.8. GOOD LUCK!! LESS IS MORE!
Hello traders, EURUSD is running in a very sharp ascending channel. I think it is very possible to make a quick moving up to test resistance zone where also is the fibo 1.618 position. GOOD LUCK ON BUYING EURUSD while Dollars is dropping. LESS IS MORE!
Hello traders, Let me make is simple on this 4H chart. Price took a week to rise up to the pressure zone 1.05-1.06 with 5 waves . You can say it is not easy for it. With strong possible bearish signal on 4h chart, that the final candle will finish in 2 hrs, you can say that sideways price action inside the circle is going to finish with a bearish candle which...
Hello traders, GOLD is not a good idea to buy based on this 6h chart. Our last idea to buy with a ascending channel has failed as price turn down to break the support line. And a retest of the support line after breaking with bearish candle on 6H chart is sending a signal to sell now. So keep eyes on the bottom three dash lines which could be targets for...
Hello traders, No doubt that GJ is on a bullish trend right now. Price already breakout the recent high and possible to test next level. Simple and buy this breakout with stop loss just a little be lower than low of last canlde. Good luck!!! LESS IS MORE!
Hello traders, Gold is on my buying list today. The big flat red channel saying that gold is running a third impulse leg up with a new possible support above 1830. 1805 is considered as the 1st support and is the start of the 1st impulse leg in the green channel. Two channels cross on 1889 where I hope will be the target of 3rd impulse leg IN THE GREEN...
Hello traders, USOIL offically choose to test the upper level and sharply turn down to test recent support on 4h chart. So our last idea at least make one level right. Now the plan is keep following 4H new swing down to test new low today SINCE all price action now is running beneath EMAS. This setup is waiting for one more 4H candle to confirm now strong...
Hello traders, Hope you guys doing well this Wed when Fed raising rates by 75 basis points. Gold made a strong correction from 1807-1840 before FOMC.. Today would be good chance to sell it if we got a confirmation that it will finish retesting the bottom zone of the blue sideways box. A possible ABC swing down to test last low 1800-1807 zone. New low after....
Hello traders, GBPUSD is so bearish that any correction on 4h chart could be a nice chance to open a new order to follow the downtrend. Looks like 4h chart just give us a signal that it will continue down in London and New York session to test new low, 1.187. Set up a trade with stop loss higher than recent highest high. GOOD LUCK!!! LESS IS MORE!
Hello traders, USOIL has made a strong bullish candle on this Monday. Now all price actions are running above the EMAS. It is very possible for it to test the recent high, 123.1. And we need to check what candle could happen after testing this level. Fake breakingout, would be a chance for OIL to pull down for a correction. Breakout and stand above this...
Hello traders, USDJPY has made sideways price action for a while. It is a good chance to find a entry position using this price action to setup a buying order with RR>6. TP1: 136.8 TP2: 139.6 Good luck ! LESS IS MORE!
Hello traders, GOLD got a very bearish candle on daily chart. So today, we prefer to follow what happened yesterday and waiting for a new entry just so close to the resistance zone, target 1789 as the final target. GOOD LUCK ON THIS PLAN. LESS IS MORE!
Hello traders, EURUSD has finished a five-wave sideways price action. Now it is being support by the bottom zone of the blue zone. A small correction is possible where could be a entry position to setup a trade with RR>4. GOOD LUCK ON waiting for the position to confirm. LESS IS MORE!
Hello traders, GOLD looks like accumulating by sideways price action. And returning back above average lines again. After breaking out the recent high 1869 level, it will possible to test fibo 1.27-1.618 position which are targets for buyers. So just wait for new price pullback to check any new nice position to open buy order to follow such plan. Good luck...
Hello traders, USOIL did not make any strong turning down signal on 4H and Daily CHART. Next leg is still possible to reach 120-121 as the end of fibo 1.27 of last impulse leg. Our last idea that cancell to take a watch the breakout level is still valid. Now it would be OK to consider the breakout level valid. The leg is continue up to test next level . RSI...
Hello traders, DOLLARS seems finishing a five-wave downward swing by reaching the 4H support zone. It is breaking through all those EMAS and possible to rise up again from the support zone to the target zone. At the same time, EURUSD looks so bearish at the same time. Good luck ! LESS IS MORE!
Hello traders, On 4H chart, EURUSD eventually made a very close position to 1.0750. So last long trade for it did not really hit target but closed manually with bearish signal. Update plan on EURUSD on 4H CHART. Looking for entry position on 15m chart in later session to sell to fibo 382-618 posiiton . Good luck on THIS plan . LESS IS MORE!
Hello traders, USOIL is being rejected from the current important pressure zone where it could make a fake breakout and turndown to red support zone. On this case, using the high of fake breakout candle to setup your stop loss. Or it could continue sideways price action before breakout this pressure zone. on this case, using the bottom low price position of...