This support line definitely means something to GBPUSD. Because once it is broken, a disaster, like our idea on 2nd Dec, will come. On the other hand, some buyers would try to buy this pair here with small SL. This is a great trade if price rally up as wish. Once price break the blue trendline to rally up, the first blue line is only used as target 1, this pair...
GBPAUD has finished a doji yesterday. And following that, it seems that its getting another bull daily candlestick soon. This happen on the blue support zone where also looks like the end of wave 5 and reflection point on the channel. Looking for 300 pips for the first wave of reversal. Less is more!
Follow the arrow to long this pair for 99 pips maximum. Less is more!
DXY looks bearish on 4H chart to me . Check the blue channel, that is what it now following right now. The first support could be 96.50 After breaking down the long trendline, it should test 96 soon. Does this mean something to other currencies? EURUSD struggling on the 1.13 position for a while . While GOLD has tested 1240 already. Both of them could go make a...
GBPJPY has been moving between a small range in the last 2 weeks. Seems like it about to make some move to make a new record now. Considering the blue trendline is a broken one and price moved down since then even though it tried to retest the top again. Go alone with the channel, it will probably go down to test the purple support zone for 288 pips soon. Less is more!
I think its not OK for TRUMP that OPEC is planning on reduction of output with Russia. Technically, if that is really happen, price of WTI could go back to test 58 soon. 60 is a present of Xmas which I think its a hard one to approach. Anyway, we got one bull trade yesterday by hitting tp1 with 130 pips. But after moving SL to the new entry , the new SL hit...
EURNZD now gives us a simple reason to long it on daily chart. That is RSI DIV on daily chart. The two red zone are used for its long trade targets. This is a trade still not triggered yet , waiting for entry signal on 4H chart. Our last idea on EURNZD long trade was a too early one and end up with SL hit. Sad! Less is more!
USDCAD , again, made it back to the top by its rate announcement yesterday . This just happen to be a new reflection point on the channel and same high position as last one in June. The double top looks great so far as long as no a new high to make in the coming few days. Then will see USDCAD drop down to correct inside the channel first. Once the channel is...
EURGBP is about to have a clear bear signal for us on daily chart. The channel is used for find out the lowest position as targets of sellers. The red zone could use as target 1. Less is more!
EURUSD is on bull for us on this chart. Check it on other 3 charts , you can find some similar features. EURJPY has found its support on the light blue zone and now is targeting the blue line inside the channel . EURCAD is squeezing inside the triangle which looks like about to break through later to test the blue line . EURCHF has a similar pattern as EURJPY....
GBPCAD has been taking a while to break the channel by moving alone with 0ABCD, now it made a support on D position which is a new opportunity for it to make a reversal or to make a new high . The red zone is where a big challenge for it if it want to make a new wave up on daily chart. Otherwise, it will drop down to make a wider downtrend. Less is more!
This support line definitely means something to GBPUSD. Because once it is broken, a disaster will come. On the other hand, some buyers would try to buy this pair here with small SL. This is a great trade if price rally up as wish. Lower high but same low on the blue support zone all the time. Support is still valid and looking for another rally up to break the...
AUDUSD has not finished its bull trend yet. Will see it bull again on the blue gap position . Less is more!
USDJPY has a bear signal since it could not pass the top blue pressure line. The best position to open a short trade is on 28th Nov. The bottom support line is used to test if bear strong enough to break it down to follow 1-2-3-4-5 wave. We have our short trade almost hit TP1 112.70 now. Less is more!
USDCAD has a blue top which is now confirmed as valid as a double top. USDCAD has a tough time to reach this top by a 7-waves trend. The best entry to sell is inside he blue top zone. Now USDCAD has a broken trendline which means a daily correction is about to start and down will see two possible support position as targets. The lowest one can have 370 pips range...
My dear traders, This is a weekly chart that we are trying to find out some clues for buyers of EURUSD. And more details could go back to this idea: The bottom red zone is a support zone that EURUSD has tested twice on weekly chart. One of them is a fake breakthrough. Consider the red zone is a valid support zone for both weekly and daily chart, now we are...
Its been a while since our last idea on GBPCHF. GBPCHF has a simple chart for buyers to follow. On daily chart, it stands above the bottom line of the ascending channel. Last 4 days small doji provide us the clues to buy. This is third wave up and the daily third wave could probably send it up for 300 pips . Less is more!
AUDJPY has a bear sign on daily chart. RSI DIV BEAR CANDLE SIGNAL TOP RESISTANCE ZONE Expecting 200 pips to correct. Less is more!