XRPUSD does not want to bull for correction yet. Down there will see 0.28566 position alone with the channel. All the support we saw on our last idea now are broken by new bear signals. Less is more!
USDCHF has not finished its top yet. Price still want to rise up to retest 1.01-1.03. That would be a wave 3 up. That new swing we expected still need some time to confirm after the top has firmed. Less is more!
Last week, we were expecting something bull POUNDS up which did not happen. The downtrend is still there, GBPUSD is about to break 1.27 soon. The next support could be 1.25 or lower than that. The purple weekly channel can only used to estimated a position that GBPUSD might stop dropping. Once it broken, we will see a retest of 1.19, the lowest position in the...
USOIL finally made us a signal that it probably stop dropping from last week. Please keep the lowest position of 2018 so far, $49.44, in your mind. This could become the real lowest price of year in 2018. USOIL still could go down again to test it again. The doji bull sign on weekly chart is sending a positive message that price could finally start to correct in...
We might have a bull trap last week. Why? The purple channel is still valid as long as price do not break it . Once the red channel is broken , price could follow down to break 1200 soon. This is possible on the case that some good news from G20 that CHINA AND USA come to some agreements to stop trading war, or more peace signals from G20 to stop GOLD rise up...
Dollars still got its support on the channel. Just like the last one, it got its support up to the channel to make a reflection point to drop down for correction. Now dxy has a similar chance to push price up again to 98. Once it really make that new high position , will see it correct down to the blue zone soon. The bear signal on our last idea now is replaced by...
Last time we posted an idea that BTC is bull on daily chart. Now let check it again on daily chart, the idea is still valid! On 4h chart, you can see some bull sign on the lower blue support zone. Once price pass through the higher blue zone, will see our last idea to happen . If you listen to us to set a SL lower than 3500, you should be safe and ok to wait for...
Happy Xmas Month has come! Good day, traders! There are four cryptos here sharing similar candlesticks patterns. Assuming the support sign all look valid right now on daily chart, corrections for them are coming or on the way. What is different is that XRPUSD has a possibility of 20.70% to rise, while 34%,42%,49% for BTCUSD, ETHUSD AND LTCUSD. SL pleas keep them...
GBPJPY has been tried for a while to bull above the trendline .Seems it about to fail. Bear is on the top again. Once the trendline is broken , will see a retest of 141. Less is more!
USDJPY has finished its corrective wave 3 where also a reflection point on the channel. This is a strong bear signal on daily chart for max 252 pips. Less is more!
USDCAD finally made it hardest way up to last top. The blue zone is a strong bear selling zone now. Also USDCAD made this position as a reflection point on the red channel. So just simply short it till you see some bull signals on daily chart. Less is more!
You can smell something is changing fundamentally after Fed Chairman Colin Powell ' speech this week. Daily chart is now bull again. Buyers and sellers both are having a hard week . Now the daily trend is still up inside that channel while 4H chart is showing some bear sign. We prefer to wait for a new entry signal to follow the daily trend to hunt more pips...
Dollars seems weak now. It does not want to pass through the orange zone. A strong bear signal appear yesterday, now it only getting a weak support by the channel. Once the channel is broken it will test 96.15 and 95.60 soon. Less is more!
WTI has made it bottom down to test 50. It seems that there are some buyer waiting there to join. Its possible if WTI gives us more daily clues on Friday and next Monday. A retest of 50.30 is possible. After that , a retest of 53 is another possibility if the channel is broken. We talk about 35 after that . Less is more!
CADCHF is a pair has a feature that once a trend start, it could last 1 month at least. Some strong trend could last a quarter. Now we are on the wave 3 inside that purple channel. What if I tell you that this pair could drop down to 0.71770 but you need to hold a trade for 3 months, will you follow? The hardest thing for traders is to keep still. Thats why less...
We need one more day to confirm a bull sign on the blue support zone. Check it on GBPJPY, you can find out higher low after getting support from the neck position of last wave. Dont surprise if price will retest or pass through the heave top if more good news come from Brexit . We love to see 1000 pips come to us. Less is more!
GBPUSD has firmed a weekly support to us. The bottom line of the channel has been tested twice on weekly chart. A bull trend is about to start on GBPUSD now. We want to see a new wave three, has a similar period of time as wave one, to bull GBPUSD up to 1.509 . Does this chart mean something to you on daily trade? Yes, join it with a SL lower than last low...
BTCUSD has a potential 5 wave trend inside the blue channel. This is a weekly one. So it takes some time to finish. Right now, it still on its wave 3 down. The end of wave 3,C position, could be 3630 or lower one, 2885. It expects a correction happen there. The wave 5 could happen once price hit the reflection point on the channel, targeting 2062. Our last idea...