A small warning signal here. It may not mean anthing now . Price could still go sideways or drop down to test the bottom ot the purple box in July. But this is is a broken trend line on monthly chart. GBPUSD may want to rise to start its 3rd impulse wave but it is hard, considering the situation of Brexit and political issue. Just to know, up could go for 800...
BTCUSD is rejected from weekly fibo 618 position. It is rising again on 4h chart but my guess is it will be rejected from fibo 618 on 4h chart again which is 12000-12500. A lower target for it to drop is 9400. Now long trade based on 4h chart is targeting 12k-12.5k. Wait for bear signal there. LESS IS MORE!
June is about to close as a confirming bearish signal!!! The red trend line is about to confirm as broken!!! The reflection point is about to confirm as valid !!! USDCAD 's next grand super impulse wave on monthly chart is now targeting 2000 pips ! We have our last signal on USDCAD 's all targets hit with 240 pips. Thats just a small part of this grand super...
USDJPY is showing a bearish complicated 3rd grand super impulse wave down which is still in process! This 3rd grand super impulse wave could test 105 soon,a high possibility in 2019; 100, latter half year of 2019 which is a weaker one. And funny to find out 92 which is the end of AB=CD on monthly chart. A position may not happen in 2019 . So its not to my concern...
LTCUSD was on our expectation to drop. And it did. Perfectly done! Now the blue trend line is confirmed as broken. 108.85 test once. LTCUSD probably would drop down more to test 87 after some sort of sideways beneath the trend line. Really appreciate your like !!! LESS IS MORE!
We have 4 pairs here sharing a similar pattern! These four pairs are all down for a bearish swing. Choose one that could provide you a high RR ratio. Always trade with stop loss and risk management ! Our strategy works so well on those 4 pairs. LESS IS MORE!
LTCUSD is facing a daily bear signal at the end of 5th wave. The bear signal could bring it down to 116-120 by the bottom line of the channel . Once it breaks down the channel, 90-100 is next support zone.
This is not a chart asking you to long EURUSD on 1h or 4h chart! This is a weekly and monthly chart giving a overall view to swing traders and myself. On monthly chart, EURUSD is going to close with a bullish signal (TYPE 3), clear and obvious! But if you check it on weekly chart, you get so confused by so many fake signals. Yes , fake signals on weekly chart....
Final 2 trading days for June. Should check on some major pairs that we keep following on monthly chart . USOIL is on a slow uptrend now. It made a strong down on May to retest the red support zone and rise slowly in June. It could break through the high of May and test higher high in July. That is our expectation on monthly chart. On weekly chart, we could...
I know it must be too early to say 1200 pips down now. But this could provide you a overall view about what it going to happen on EURCAD. We were worrying about the red support zone for EURCAD to bounce up to make a high. But it turns out this pair is more bearish than we thought . And it could probably break down through the red zone to make a new low down the...
Sometimes we would have a uptrend channel to follow but we short that pair still. GBPAUD is still inside the uptrend channel but we already short it and make tp1 hit with 160 pips. Still keeping the 1/2 size to go for more profit pips. This pair has a broken trend line inside the uptrend channel .So what we are doing is short it for a grand super corrective wave...
USDCAD just got our final target hit at 1.313, +240 pips profit. Actually, USDCAD still got 200-300 pips to drop inside the channel. Its just finished half. This is a channel that we have on USDCAD to follow. Now USDCAD is still on its 3rd wave down to next support level which should be 650 pips totally. No sign of bull signal for correction yet. So we assume...
The new swing down for next week could be a little earilier than our expectation. The end of correction B is probably lower than what we thought or perhaps just a retest of the red line THAT it could go like the blue wave up. Trade with cautions. LESS IS MORE!
GBPNZD just hit our 1st tp with 130 pips. This pair is on its grand super 3rd wave down to test new support zone. And the new swing just start to drop again today when price was rejecting from the blue resistance zone after breaking through the blue uptrend line. The 3rd grand super impulse wave could be 1650-1800 pips to go ! LESS IS MORE!
USDJPY has make some bull signal above the blue support zone. Could be the end of 5th wave and start to consolidate the bottom. Do not expect a strong rally for 400-100 pips now. We only want a small move to finish 1st wave with 100 pips soon. Signals will be sent out once signals have been found out on 4h chart. LESS IS MORE!
XAUUSD is rejecting from FIBO 1.414-1.618 of the 1st grand super impulse wave. There are three lines for its corrective wave to approach. The worst situation is that gold retrace $70 down to 1350 and rise up again. DXY is stopping dropping from the bottom blue support zone. But DXY has two red trend line broken , meaning high selling pressure from top. A possible...
NZDUSD is our valid signal that still keeping 1/8 size running floating profit. This pair has not stop rising after retest the red bottom. And it could probably break through same high as A position to reach the next resistance level. LESS IS MORE!
USDCHF could have a reflection point here. But this is not for reversal, considering the whole picture. It very likely that USDCHF would turn down to make a new low after retesting the blue trend line. Less is more!