Hello traders, BTCUSD has made a bull morning star signal on daily chart. We would love to see 4150 to be hit first as tp1. A weaker target will be 4716, after that , 5189, 5740. BTCUSD probably would not make that high, we need to check it on 4h chart every day to see if anything changes. The next support after this correction will be 2360, which is FIBO 1.27 of...
Dear traders, Something big is about to happen tomorrow.( FED RATE) Right now, we have several plans on currencies that have strong signal on daily chart. USDCF is one of that. USDCHF did not make a strong correction to retest that broken trendline. Its moving south on its slow pace. Now this looks like a start of new wave 5. A daily engulfing pattern has...
Please check our last idea on BTC. Now please follow the red one to go. Less is more!
GOLD would need to correct from A to B based on current price action. Traders are being cautious before Fed Rate. Buyers could try to wait till all settle down to see if B only down to 1240. The long trade on daily chart is still targeting 1260. Just waiting for entry to join that long trade. Less is more!
NZDUSD has make a small range correction . A daily bull signal could probably appear on Wednesday. Once its confirmed, it could test 0.716 if it rally up to make a new high. Less is more!
We make a channel for AUDUSD, assuming that bull trend has not finished yet. And right now it about to make an end of the correction. The long trade is still waiting for signal to confirm. Once it is confirmed as valid signal , AUSSIE could test 0.75 again. Less is more!
DXY would have trouble if it push up again with RSI DIV on daily chart. Our last idea was saying the possibility of 98.70. However, DXY is giving us another possibility in the first two trading days of this week. That is why usually we would love to make a call after Monday. The red trendline is considered broken now and DXY might rally up to retest it if FED...
Dear traders, WTI did not give us support on our last idea that start to correct on a harmonic pattern D on 30m chart but drop down to break 50 and tried to test 49. Lets go back to Daily chart where you could find out a clear RSI DIV. And price no stay beneath the lower line of the Bollinger bands. Now only need a bull signal to trigger a long trade. And...
WTI test 50 again today. If buyers' power strong enough, it is possible for it to retest 52.6-54 again. Less is more!
USDJPY has made a bear signal again on daily chart. It made a triple test on the resistance line of the channel. Assuming the red trendline is confirmed as broken, UJ should drop down and make a new low in the coming two months. Less is more!
DXY seems strong again to bull above the blue support zone . The news that FED will rise its rate again next week is fundamentally supporting . Last high 97.67 has been retested again. The next one could be 98.70. This channel is not valid right now as its broken already. Less is more!
WTI did not make a new low or a new high this week. This is a sideways movement that will take few weeks to finish. On weekly chart, we would like to believe that Crude oligarch still want to push price of WTI up to $60 again. That could be the end of the correction ( B position). C position is used in case price o WTI drop down again . Check BTC, NOTHING IS...
Hello traders, Now GBPJPY has a very clear new swing to start by D position which is the orange support zone. It wont surprise us if price will retest it later . A daily engulfing bull signal has confirmed the bottom. Now three possible targets set for buyers. Only need to find out a new entry to have a perfect SL with great RR ratio. Less is more!
EURJPY has made a one-month sideways movement. And we tried to join it once but out for less of patience. Now seems that EURJPY is about to make a new swing up for max 360 pips. Now we are watching it on 4H CHART to find out a better entry to join the trend. Esp interest rate on Tuesday for Euro . Big trigger is coming soon. Less is more!
BTCUSD did not surprise us by a rally up to 4200 yet. Now we have two ABC wave inside the blue channel for it to choose. Check on the red one first. The red one is guiding by the red trendline and resistance zone For this plan, make a short trade once a bear entry signal appear on B position and make a target on position C : 3130. The blue wave is prepared once...
DXY has made its third trial to pass the top resistance line. Failed again WITH BEAR SIGNAL. This could be a new start to confirm its bear trend from now on. Next target is 95.25. Less is more!
USOIL has made a sideways movement to break the blue channel. The red support seems valid still. The bollinger bands is narrowing down while price moving sideways. A possible correction could happen soon. Less is more!
AUDUSD is now on the reflection point on the channel. And this is also a signal to trade for buyers for 90 pips for TP1. Less is more!