GOLD did not follow our last channel. But it is making a corrective wave after hitting that reflection point on the red channel. The blue zone is possible as the end of corrective wave. And gold still has chance to push up to position 5 or higher position. This chart is marked as short on its wave 4. Less is more!
Remember our last idea that expecting a bear signal on USDCAD? Do you think that signal appear already? Actually, on weekly chart, its better have another week to wait. But check on the daily chart. The blue zone where USDCAD finished last week also happen be a FIBO 618 position which is a very popular entry position for traders. Once price confirmed bearish...
I have to say, you can update BTCUSD every hour, because it meaningless. Check out our last idea that BTCUSD has a bear signal: That idea is still valid and what changes is BTCUSD has made a new resistance zone now. Alone with the blue channel , 6280 is still possible for it to drop to hit. Less is more!
DXY has a sign of finishing the ABC wave WHICH ALSO SAME HIGH AS LAST TOP. Remember our last idea that assumed 97 would be retest again: Now only made it back to 96.68. This make a bear double top on daily chart. But right now , we only expect a correction first. 96.15 TP1 95.60 TP2 Less is more!
GOLD has a broken green bull corrective triangle. And the top line of that triangle has been retest . The purple channel and red channel are guiding gold to go up. The end of main wave 3 COULD TOUCH 1260 in the coming two weeks. And today is lucky Friday for us, we got our tp1 hit with 70 pips. Less is more!
We got four lines here used as short trade targets . The channel cant really mean something right now, but you can use it to see how low BTC can go. No bull signal on daily chart at all. Better save your account by trying not to BUY BTCUSD. Less is more!
USDJPY has a support on daily chart, the bear top will be valid on the condition that UJ wont make a breakthrough of the blue resistance zone. Follow the ascending channel, we could see UJ bull again up to 104-104.7 soon. Less is more!
Hello traders, USDCAD has made a strong uptrend since early Otc . And the trend has last 3 weeks now. We have a left weekly chart that consider a bear signal is about to appear later after when this trading week is finished. That also confirm the weekly trendline is still valid. On the right daily chart, you can find out some bear signal appear early this week...
GBPJPY had a bear reverse bowl top that pull it down 800 pips down already. Down with the SHARP channel blue one on the right 4H chart, you can see 141-142 now is a possible neck position target zone for GJ to go down. Less is more!
EURAUD has a strong bear signal on WEEKLY CHART. You don want to miss a trade that has bear signal on weekly chart. As you know, a new trend takes time to form. A reversal or corrective wave confirmed on weekly chart is some kind of new trend to follow. The blue channel is telling a correction story now because it still on its wide uptrend channel.And the daily...
EURUSD has a very weak support right now which seems to be broken soon from the pressure of the blue trendline . Down there, EURUSD can reach 1.33 soon. A new low could happen soon after that, even though with a sharp needle. EURUSD did follow our clue to go down . Less is more!
USOIL has a sign of ending dropping. This happen on a support line or the bottom line of the channel. Is this a rest for the Saudi geopolitical reporter event? Once a daily bull sign is confirmed, will see 70 back again. Maybe 71 . Btw, our last idea on USOIL goes well. Less is more!
GBPNZD start to drop early this month. The first main down wave ( blue channel ) is about to finish with potential 800 pips. Now 700 pips has confirmed. And we have made 350 pips. The blue support zone looks like an important one. But that should only be a start of corrective wave. We would love to see 1.92 come after that. Less is more!
EURGBP just finished a ABC wave and end with daily bull sign. This is a sign of the end of last wave. EURGBP could go NORTH again. Less is more!
Anyone who know some kind of HARMONIC knowledge can find some harmonic patterns here. If I may say something, that is too many traps here for buyers. Pls go check daily chart or wkly chart, they dont support a long trade on GU yet. And back to this 4H chart, there is a blue channel is still valid. Price still can go down alone with the blue channel to find...
DXY has a not finished blue small channel that will have its wave 5 end up on 97. Which also the end of wave green 3. Just as what our last idea says about. Less is more!
GBPJPY has a great opportunity to entre a short trade on 4H chart based on our bear top: 200 PIPS ahead for a short trade. Less is more!
XAGUSD has made a double top with bear signal on MONDAY. Dont forget there is a broken trendline on daily chart. The 4H bear top could make it down to test blue bottom again. Then we should wait for bull signal there to see if price would rally up again. Less is more!