AUDNZD seems has finished its wave 3 down. Now is about to make a correction on the reflection point. Less is more!
Gold has made it up to 1225 this week. The purple zone is the first strong resistance zone for GOLD to pass. Only if GOLD can make it through , it can still target 1260 inside the channel by wave 5. If gold shows us some bear sign on the purple zone, it will look down to the green zone to make a triple bottom or to make a new low. As our target 2 hit already, we...
USOIL has some bull signal on daily chart. Please go check it . Now we are wondering where is the best entry to join the buyers' group with a reasonable SL. You dont want to have a $2 SL to hunt $1 profit only, right? The red channel is the main down trend since October. The blue channel is going to have 5 wave to make the first uptrend, targeting 60 . I think...
NZDUSD has turn its trend since Otc. The first wave of the main uptrend will send it up to 0.7170 by 3 or 5 waves. Less is more!
USDJPY has made a five-wave up to last top ( blue zone) On daily chart, its telling a bear signal story. It could be a corrective wave to make price drop down to the red support zone or to reach the red channel again. 117 now is a target for later. Less is more!
XAUUSD is getting start its wave 5 inside the red channel. This time it could probably target 1260 to 1280. Less is more!
We have this trade triggered already yesterday/ This trade is just following the small red channel which is a bull sign for AUSSIS after breaking that big red channel. The blue resistance is the first test for AUSSIS'S buyers Once this is not a resistance anymore, it will test higher one 0.7500. Less is more!
EURGBP made us some bull signals on daily chart. Is possible to assume that this is a reflection point on the channel and it about to correct to 0.88 or 0.89 FOR 200 PIPS from now. Less is more!
EURGBP had made its best up to almost 0.89. This strong bull candle cant make EURGBP reverse yet. The red trend is still working as main trend after breaking the blue line. We are still looking for 0.863 to be retest first because wave 3 of main wave 3 is about to start. Less is more!
Brexit: I am going to see this through, says Theresa May. This week must be really hard one for Theresa May. You can get that from this chart. GBPUSD made a bad week this week and also bad to GBPJPY. GBPJPY made a daily evening star on 7th Nov and a doji on 14th Nov becoz those Brexit thing. After all those oppose-Theresa issues removed one by one, Theresa now...
We have this idea before And we have made some profit from that idea too. But, EURJPY did not pass down the blue support zone where stands above on the red channel Considering EURJPY just pulled down for a small correction which has just finished this week, it will test the red resistance zone soon to make a new uptrend wave. Less is more!
AUDCAD has reached the blue resistance zone. Some bear signal about to appear but sill need to be confirmed. Hopefully a new start of corrective wave coming soon. Less is more!
EURUSD is still moving inside the big blue channel. 1.13 is no longer a bottom now becoz its broken through on this Monday. A retest of 1.135-1.138 is possible. That would make a new start of wave 3 of big wave 5 . We expect EURUSD will drop faster and faster till it hi 1.10. Of course, a sideways movement will tell us another story. Less is more!
Assuming that LTC would follow BTC to rise. Then the flat channel is getting its wave 3 of big wave 3 up. This WXY wave is now only targeting 64. EN:51.7 SL: 47.5 TP1: 56.80 TP2: 61.90 TP3: 65.70 Less is more!
Hello traders, EURUSD has made new low recently , similar things happened 2 years ago WHEN EURUSD START TO RISE UP TO 1.25 USING 13 MONTHS. Now we are talking about what happen in the last 11 months where price stop rising in Feb and start dropping in April till now . This year could be a corrective wave for EURUSD and now its about to start wave 3. If so, we...
Gold has made its correctionback to FIBO 382 on weekly chart.This is a weekly bear evening star signal that we could now ignore. The daily red channel seems possible.Price could rally up to B. But still need 2 more days to confirm.Now only a question where B could B. Once B is confirmed on the middle line of the channel, gold only need to step to test 1140...
DXY made its wave 5 up to 97.66 which has not reached our last idea 's final target. But it shows us some bear signal by hitting the channel again. Is this could be end of wave 5 and start of wave 6 down to 96 ? Possible. Less is more!
We have our signal on GJ hit 3 targets now only 1/8 size left with 0 risk. What happen that GJ only pull down for a correction. It still targeting a new high position like 152? Is possible once price break through 149.30 to retest the blue line on again and make a new reflection point on the big red channel. Less is more!