Happy New Year to you guys!! EURAUD has a strong reason for us to wait for a short trade entry signal inside that top purple zone: 1. Its retouching the red broken trendline on the other side. 2. Its reaching FIBO 1.618 of its first uptrend wave . This position usually could be a high possibility of reversal or correction. 3. Its has been a little far away...
Happy New Year to you guys!! CADCHF has a harmonic pattern on daily chart. Now D has confirmed with an engulfing daily pattern . Waiting for 4h or 1h entry signal to long it for three tps This is not a trading signal but a plan waiting for trading entry signal. Less is more!
Happy new year to all you guys! We have an earlier idea that GBPJPY would reverse on a harmonic D position . This idea was banned by a rejection of the middle line of the bollinger bands. Now a new opportunity appear for buyers. That is a new D position where it now showing bull signals on 4H chart. This is also the end of wave 5 ,where has a high possibility...
Happy New Year to you guys!! Gold is still bull for us on weekly chart. But on daily chart, it seems like about to make a correction after this first trading day ( Wednesday). Gold has stop its rising pace on FIBO 1.414 of its 1st main uptrend. A correction signal is appear on daily chart , the reverse hammer outside the upper line of bollinger bands. A...
Happy New Year to you guys!! GBPNZD has a clear morning star bull signal on weekly left chart. However, we cant find a great entry now to join this new swing on daily right chart yet. To make a great long call on this pair , we need to wait for a correction on daily chart. Or you could take more risk by a wider SL to enter a long trade on 1H or 4h chart. Weekly...
Merry Xmas and Happy New Year to you all! USDJPY seems in trouble now on weekly chart. It would test lower position in a fast pace. 107 is one of the supports or targets on weekly chart. On daily chart, we have a short trade entered on 113.0 which has its final target on 110.20 for 310 pips totally. Please check the chart below . Its not right to enter a trade...
Merry Xmas and Happy New Year to you all! GBPUSD has made a small reverse bull hammer on weekly chart which is a good sign for buyers because it appear on the bottom line of Bollinger bands. But this is a totally bull signal yet. On daily chart, you could find the smaller broken channel showing a sign of the end of the down trend. A correction could send...
Merry Xmas and Happy New Year to you all! On the left chart, GOLD is totally bull on weekly chart. Its saying a possibility for it to pass 1300 and test 1345 in the coming first season of 2019. On the right chart, we have a RED ABCDE wave as this main 1st wave. This wave could probably have to end soon to start a correction. Both channel are telling the same...
Remember this? Now we have BTC hit our first TP 4100. Now a possible correction might happen soon before its touching 4700 or higher position. This would probably to be confirmed after this Friday. Less is more!
Merry Xmas and Happy New Year to you all! USDCHF has showed us a bear signal on 20th Dec,2018. But it is now showing us a new bull signal ( ENGULFING PATTERN) on daily chart. This signal could be a fake one as long as its moving beneath the channel or the upper line of the bollinger bands. And this is a reason why would us have a wide SL to prevent situation...
Merry Xmas and Happy New Year to you all! Less is more! For EURUSD , there are two plans on it . 1: EURUSD get its support and moving up again to test a new high like 1.154. 2: EURUSD get its support on a lower position like 1.300 and will test a new high like 1.154 as long as it sill remain inside the blue channel. Less is more!
Merry Xmas and Happy New Year to you all! This chart is telling a story about how to short DXY. DXY has been moving around 96.2-97.7 for a while. It did not pass 98 . RSI DIV and the broken red trendline are making a bear signals on daily chart. The purple top resistance zone is where you should looking for a bear signal to join the short team. Less is more!
Crude oil did not follow a DAILY CHART RSI DIV to make a correction. That a good lesson for anyone who tried to buy low without a real candle signals. And we did not make a real trade on that too even though we were on that RSI DIV team too. Oil definitely will make a bear candlestick this week too. The question where is it targeting to . Right now we have 32 ...
Remember this ? This pair is making almost 300 pips profit. Now we found a similar pattern on NZDCAD. A broken trendline has made a signal for bear sellers. This is a trade with potential 400 pips. Less is more!
NZDJPY is facing an opportunity to start a new swing on daily chart. RSI DIV and bear signal on daily chart now/ The new swing is expecting with 350 pips to come. Less is more!
USDJPY has made a sharp down in the last 4 trading days. Consider this is a new swing after triple test of the upper line of that channel, USDJPY could test 110.8 soon before making a correction. D is a planned position to short it for sellers who have not open a position yet or traders who want to add a new trade on UJ. Right now we could see 110 as a high...
EURUSD has made all bull candles on daily chart in the last 3 trading days This is a good news for buyers who has not open a position yet. Assuming ABC wave is going to happen soon. Now B is still not confirmed and waiting for signal which could be our entry to join the trend again. C or targets could rise up to 1.153-1.163. Less is more!
This is our last idea on gold. It made a pull-down to the middle line of bollinger bands. That was a good entry to long it again. Gold could probably touch 1165 soon , but it can go further one like 1274, or 1284 which is FIBO 1.414 & 1.618. Less is more!