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!
XAUUSD rallied up almost to 1240. Right now is not a good time to long it on 4H chart, because it looks possible to correct by a reflection point on the channel. On that situation , it will make a bull flag. The red arrows are another possibility for gold to go to make a new high. Trade with care when shorting GOLD becoz wkly chart is now not supporting a short...
4H chart does not support a double top for DXY yet. Then the channel could probably send it up to retest 97 again. This is a clue for other currencies. Less is more!
GBPAUD has a red channel that just finished a reflection point on it. To go south , it still has 400 pips to drop till it hit the middle line of the channel. Now can not be sure if price will bounce up by hitting that line. But this now looks like a correction to us. The blue channel is still an uptrend one. And even though price drop down lower to hit the blue...
CADJPY is still on its wide uptrend channel. Now it pulled down to the blue support zone which make us a second chance to follow its main trend again. This wave could range up to 475 pips. Just need your patience. However, once the blue zone is broken , it will retest 84.5 soon. Dont trade without SL. Less is more!
Waiting for daily bear signal to be confirmed for a swing trade for 300 pips. Less is more!
On our last idea of AUDUSD, it should drop down to position 2 which it did happen. Currently, we provide another possibility for AU because AU still do not break the red down channel. AUDUSD has a small blue channel and red channel for us to follow now. This small channel can send AUDUSD down to 0.69 later. However, it will be changed to a flatter one if...
NZDUSD is still moving inside the bear channel. And right now a new wave is about to start to make a new low. Less is more!
BTCUSD still is following the descending channel. Now it has another entry signal for sellers. B to C could make it down to 6250 later. Then we probably would see a technical correction before 5840. Less is more!
EURJPY has a double bottom before and it pulled down to the blue support zone. This is where a broken trend line appear. And hopefull, once daily chart got a bull signal confirmed, this will be a new wave up for 700 pips. Check our last idea on EURJPY, we have been waiting for a entry signal to long eurjpy SINCE LAST WK. Less is more!
On the left 4H chart, we have two harmonic patterns. The red on is used for the correction while the blue on is used for an unconfirmed future. We have two lines on the right daily chart. Those lines are some structure or position that we should take care of. Once price hit there with some kind of bear or bull signals, then we can active a new trade again. This...
CADCHF is on its wave 3 down. This is a wave start on the neck position of wave 1. And we suggest that a short trade on this pair based on daily chart could down to see 0.726. Less is more!
EURCAD has a support goes with bull signal on daily chart. This also happen on retouch the blue trendline which could make a new wave up for max 322 pips. It has a more complicated situation than we analysed before. We could have a correct trade for 250 pips from A TO B on our last idea Price drop down more than we thought and now got it support again. Good...
AUDNZD has a very clear wave 3 already start since Otc. This daily wave 3 could drop down 460 pips down to the bottom again. Our last idea of support did not support price to go up. Less is more!
We have a long trade first with TP1 hit : Then short it again on 6717, targeting 5840 Now the second one is still ongoing with profit. The 4H chart does not show us that it stops. And this could still help us on hitting TARGET 5840. Less is more!
EURAUD now is on a reflection position of the flat channel. That makes it possible drop again down to the other side of the channel to make 800 pips. Less is more!
We were wondering if this signal could work. But we did not send it out. EN: 1230 Pending order SL: 1236 (60 PIPS) TP1: 1212 (180 PIPS, RR>1) TP2: 1206 (240 PIPS) A chart like this 4H chart of GOLD usually will have lots of traders lost. So we do not have a new trade on it after that a long trade entered on 1189 with all targets hit. Back on this chart, GOLD...