EURGBP is onging with a long-term sideways movement in the blue box. Now it going from the bottom to the top. LESS IS MORE!
EURCAD has a strong support on the red zone. This could be a start of 3rd wave inside the channel for 1280 pips back to last top. Our last south view is not valid anymore according to this weekly chart. Less is more!
EURNZD has bullish weekly sign. It still on our bull list to long . Nothing has changed on the possible plan for 1500 pips . Just needs more time. Less is more!
AUDUSD has a broken weekly channel and move sideways for the last few weeks. Now it time to finish its 1st wave job. Less is more!
This pair still has 900 pips on its corrective wave inside the channel after last reflection point on the channel. Next week we will wait for daily or 4h entry signal to join! Less is more!
XAGUSD is not working really well this week, ending beneath the red trendline. The red support zone could be a weak support if XAGUSD being rejected again by the red downward trend line. One way to save silver is that it keep sideways move to break the red downward line and rally up to position 5. Otherwise, will see 14 soon. Considering the current position is...
This is a monthly chart for GOLD. Check the blue channel first. For the last 3 months, gold is rejecting from the upper line of the blue channel. On such case, this blue month channel could send gold down to 1100. However, price of gold could be supported again by the lower line of the green channel which could save gold from dropping down to break 1200. And make...
USOIL has made itself up to reach the blue resistance zone where it has a possible reflection point on the channel. This could be the end of main 5th wave which has a high possibility of reversal. But right now we are not looking for reversal becoz it seems too far from current political situation. I am looking for a possible correction from E to next reflection...
As long as the red line is broken , price would rally up to E. Thats 730 pips for part of the new swing . Less is more!
XAGUSD is bearish again. At least we got our last signal's tp1 hit with 1/2 size. And closed anothe 1/2 manually at 15.15. The bear sign appear again on daily chart. Meaning no good sign for this weekly chart now . 14 is now become weekly target now . AGAIN! LESS IS MORE!
We just sent a email to our subscribers that closed manually our last signal on GOLD. That was a buy order and have tp1 hit WITH 1/2 SIZE and 1/2 size close manaully at 1304, ending up with 130 pips totally. This blue support zone is valid still as long as GOLD wont break down through it. The red downward line is not giving gold oppotunity to pass it now. It is...
On Apr 9, this is what I posted "BTCUSD might have some trouble of passing through 5300. It could drop down a little be down to 4930 for a support. But if 4930 is not a strong support for a second rally , then it will drop more down to 4500-4200. And 5800 will be far more further than now. Less is more!" Now its obviously that BTC could not pass 5500...
BTCUSD might have some trouble of passing through 5300. It could drop down a little be down to 4930 for a support. But if 4930 is not a strong support for a second rally , then it will drop more down to 4500-4200. And 5800 will be far more further than now. Less is more!
DXY is bear again when hitting to red resistance zone . Its possible for it to drop down to retest 96 again. The swing from the top red zone has not finished yet. And on this Thursday, we expect more to drop later in LONDON AND NY SESSIONS. While EURUSD and gold could ARE STILL RISING UP . LESS IS MORE!
GOLD do not fail us on this Wednesday. Its just keeping north to bull . We have our half size left on our last long trade on gold , targeting our target 2 GOLD could go back to the highest position of the red box where you could find a possibility of D for a harmonica pattern. That could be a short trade position to consider. LESS IS MORE!
EURNZD has a bull sign for weekly reversal for a potential 1600 pips. But on daily chart, it seems getting start a downward trend. This happen probably because what ECB rate decision in 6 hrs later. On DAILY chat, we are looking for 500 pips opportunity. Our pending order signal on this pair is still valid not not triggered yet. Lets see what will happen today...
GBPCAD has stopped dropping above the blue support zone. This could make it looks like the end of a corrective wave. GBPUSD is strong even with bear news on BREXIT. GBPCAD , GBPJPY and GBPCHF are tough too. All of them dont want to drop too much , as not for now. On the blue channel , we see GBPCAD has a chance to make 430 pips for its new swing. LESS IS MORE!
CADJPY is about to getting start its wave 3 down for the downward swing which has 600 pips potentially. This downward swing could have more than 3 waves down. And the potential 3rd wave seems to start now. Less is more!