We missed a strong bear bowl to short GBPUSD where we were hoping GBPUSD could struggle to make a higher high before a scenario like this. The yellow unfinished five-wave grand super 2nd correctiv wave now is on its 4th corrective wave targeting 1.2500. This a position looking for a new swing up to finish the 5th wave. At the end of this 5th wave, the main trend...
We have two types of this popular corrective wave marked out on this 4h chart of gold. Plan 1: Gold is on its ongoing not finished 5th wave down looking for 1250-1230 or even lower support zone for the end of 5th grand-super impulse wave. Plan2: The red support zone provide a opportunity for gold to get away from this downward channel and make a new life by...
DXY is still bull on daily chart. No sign of correction still. This ongoing 5th wave is still targeting 98.45-99. LESS IS MORE!
USOIL has a broken channel on the recent high position. We would love to price of oil to retest the highest high again or break it through if there is any foundamental issues to push it happen. On the left 4h chart, usoil probably going to have a flat five-wave corrective wave to go. So you shoul be careful the bottom 3 or 5 position where could probably a good...
CADCHF has a broken trend line on daily chart. It start its 1st impulse wave aftet that. We are now checking on the 4h chart to see if the corrective wave has any sign of finishing. Indeed, the left 4h chart is a five-wave trend which now is showing some bear signal on the reflection point of the channel. This could be the end of corrective wave and a new start of...
This support zone is FIBO 0.5 of last upward trend and EXT fibo 2.0 of 1st downward impulse wave. Now we consider it as the end of 3rd impulse downward wave which could be a new start of 4th corrective wave. Good luck ! Less is more!
EURUSD is still bear to us. Check all the details on the daily chart. We are still waiting for targets to be hit later this week. LESS IS MORE!
XAUUSD just got our 1st tp hit, 140 pips profit. This is its 5th wave on daily chart which has not finished yet. The harmonic could send it down to lower position like 1212 as long as you could hold a short trade that long . We are now waiting for our next target with half size and 0 risk. Good luck to all you guys! LESS IS MORE!
NZDUSD has finished 5-wave trend with some support sign. Now we are waiting for more signals to confirm our entry for a grand super corrective wave with 200 pips. Less is more!
16 0 XAUUSD made a correction end on the red resistance zone . This channel now has its 5th wave ongoing. We were assuming a more higher high would come for a double top , but it did not happen. Now on weekly chart, gold is showing another hammer for sellers. Keep our last short trade signal on gold till tp1 (1273)which is quite...
USDCHF is getting support from the bottom line of the channel. This would make a 3rd wave of the 3rd super-wave of 3rd grand-super-wave possible to reach 1.03 later in 1-2 months? LESS IS MORE!
EURNZD now has approached the highest high of this daily chart. This will take it down again because of a double top with a strong bear signal ? Yup, high probability! Remember this is also the end of 5th wave on a high probability of reversal AND D for a CYPHER! LESS IS MORE!
Remember our last education idea about five popular corrective wave? BTCUSD just was rejected from its fibo 2.27 position of 1st wave 's extension and got support from fibo 0.618 of last wave. A really possible scenario to happen is a five-wave corrective wave which just marked out on 4h right chart. This could be a really wide corrective wave. So buy low and...
GBPNZD has made a bear top this week which could be the end of 5th wave. The new 1st down impulse wave could take few weeks to make 1000 pips . Good luck! LESS IS MORE!
Its really possible that gold just start its 5th wave on daily chart. The new impulse wave could drop down to 1230-1250 soon. LESS IS MORE!
USOIL did not fail us. It rally up from the red support zone even though a sad data on Wednesday. On weekly chart a sideways movement is expected to happen if price will not make a new high. LESS IS MORE!
We have a green super grand wave for EURUSD to finish now. The 3rd SUPER GRAND WAVE is now targeting 1.107. The 5the super blue wave is now targeting 1.105. So 1.105-1.107 could be an targeting zone for EURUSD to approach now. LESS IS MORE!
XAGUSD has a sideways movement since early of May. This could be a sign for a going-to-breaking-through-the- red- line. A new 1st swing/wave is looking for 5% up whichi is quite possible . Or 14 to be test on 7th wave? Good luck! LESS IS MORE!