CHFJPY has been staying bottom for a really long time Price is squeezing and a new rally is looking more predictable and secure now. Once it is confirmed, a new swing would has 316 pips minimum. LESS IS MORE!
GBPCAD has just finished a sideways by higher low and higher high. A new channel for buyers to follow on daily chart. The new swing is looking for 708 pips pool ahead. This is totally same direction with weekly chart's direction. LESS IS MORE!
EURCAD has a potential descending wedge. RSI already RSI for a while , it need a strong bull signal on daily chart to confirm the end of the downtrend. A new trend is looking for 419 pips. LESS IS MORE!
GOLD is still on the uptrend without too much correction happened in last 2 week. Buyers are gathering now to push price up to 1370 soon. That would be a strong resistance region on the top and once its breaking through it , GOLD will move into a new range( 1400-1500 ). Signals on GOLD would happen next week on a high possibility . LESS IS MORE!
GBPUSD is not going to drop down to make a new low on this chart. It looks like it has made a support zone on weekly chart. Will this be a new 3RD wave up ? Pobably, but dont expect it rise in a fast pace. This 3RD WAVE could take some weeks to finish. A new signal on GBPUSD could happen next week, depending on what ENTRY SIGNAL appear and where is the best SL...
If you are patient and lucky enough, you could hold a short trade on EURAUD for 1900 pips max from the top down to the bottom. This pair moves with more fluctuations and a small range SL could easily be hit. 100-200 pips for SL is quite necessary for swing traders on this pair. Assuming that light blue 1-2-3-4-5 wave is about to happen next week as main 1st wave...
EURNZD has a broken trendline on weekly chart and it should be ready for digging down a new low for its 3rd wave. Our valid signal on EURNZD has tp1 hit and half lots size close , SL move to ENTRY. 0 RISK NOW. Probably a new short trade will be added to this pair next week. The 3rd wave could drop down to 1.60-1. 55, 1300 pips max . Less is more!
EURGBP is bearish on weekly chart with a broken trendline. Looking down for 315 pips in the coming weeks. Next week please wait for entry signal. This is not a setting trade untill a entry signal is confirmed. LESS IS MORE!
1702 2/8 CADCHF waiting for sell signal for 145-350 pips
Happy new year to all you guys! EURNZD is a pair has a strong trendy. Once a trend is confirmed, it will last for quite a while. On daily chart, it has a small reverse hammer outside upper line of BB. On 4H chart, its a bear signal confirmed on the top. And this bear signal on 4H chart can at least send it down to 1.69, technically. Consider its trendy feature,...
Happy new year to you guys ! GBPCAD is the best pair for swing traders . On this weekly chart, it has a long time sideways movement which has just been broken by a rally in the last 2 weeks. We expect GBPCAD would go like ABCDE first as WAVE1 UP. Then a green corrective wave down to B before making its strong trend up to hit FIBO1.28 1.192, 2000 PIPS from a...
Happy new year to you guys. USDJPY has made a strong bear trend since the top is broken. And we have our first short trade on it with all target hit (310 pips) Now USDJPY still has to drop inside the sharp down channel. According to this channel ,it has chance to test 108 soon. Lower position could be 106.8-106. Less is more!
Happy new year to you guys! CADJPY has a totally bear trend on weekly chart. This week we will try to get a position open on 4H chart to short . It will test a position 77.5 later according to the weekly channel. Less is more!
EN: 31.00 or your current price SL: LOWER THAN 29.80 TP1: 33.70 TP2: 35.20 TP3: 38.20 TP4: 40.50 Please open 4 trades on LTCUSD with the same entry and SL at the same time . Those 4 targets are used for each of those 4 trades. And please made 1/2 size on trade 1 with target 1 1/4 size for trade 2 with target 2 1/8 size for trade 3 with target 3 1/8 size for...
On such channel which has not finished yet, we draw a ABCDE wave.0-A wave is confirmed as 1st main wave following with AB corrective wave. BC is a confirmed 3rd main wave because it did not make a new low but make a new high. Now price of SILVE has showed us a big chance of new start of 5th wave which has not finished yet.What will probably happen on its 5th...
On monthly chart, GOLD technically has a chance to reach 1520 in 2019. Its moving a sideways in the bottom for the last 3 years. Its now on its 3rd wave which will probably break through the 1st purple resistance zone (1367 soon) On daily chart, we have gold on its 5th wave up now WHICH IS STILL INSIDE THE UPTREND CHANNEL. Fibo 2.27 of he first wave up start in ...
DXY has rejected from the top resistance zone. This happens after 2wks rising from 95.48. Consider this is a sideways movement on the top region that DXY could drop down back to the purple bottom zone on daily chart. On monthlt chart, we see a evening star appeared in last three month. DXY could make a new bearish candlestick on Feb following that evening...
EURNZD is still bearish on weekly chart I guess. It just need a little be pullback to break a weak support , because technically on weekly chart EURNZD is still on its unifinished 3rd wave down. LESS IS MORE!