Our last idea on BTCUSDT is still on its way up to TP1 BTCUSDT is now on its way 5 up inside the channel. And this channel is its big wave 1 which is still not finished yet. Less is more!
Gold finally break down 1200 again. Check our last idea: Now last low 1260 is possible to be rested again. And lower position 1240 would be possible too if buyers cant stand selling power. Silver has made 3% down today. Gold is joining soon. On daily chart, we see selling power start again. 1260-1240 is a possible zone for next target. Less is more!
EURAUD has made its top a again. This is the second top that facing a correction soon. What you dont know is if this is small correction or a deep down corrective wave. At least for the first small one, about 270 pips is waiting there Less is more!
Our last idea hit TP1 already. Now now LTC is going to make tp2 hit . Before that, it need to break the R1. LTC is on its wave 5 which is just start, a small pullback will push it up to break R1. That would b a great chance to add one more trade to long LTC . Less is more!
Chcek our last views that BTC is still on its way to TP1 7800 Now BTC is on its wave 3 of wave 5,both are targeting 7800 still . And the yellow wave is targeting higher position 9500. Btc is still possible for 11k later after that. Less is more!
EN: 1.754 ( triggered yesterday) TP1 1.775 TP2: 1.780 GBPAUD started its wave 5 yesterday. On daily chart, it has a daily morning star which will send it to a position higher . Less is more!
EURUSD would probably make a sideways movement before making a new high. Or the corrective wave could probably down to approach 1.14-1.15 zone. Anyway, our short trade has triggered already. Less is more!
Pls check our last idea on GU: GBPUSD looks like going to finish wave 8. Meaning it still want to drop more inside channel. Maximum 360 pips more to drop. Now just waiting for entry signal to short it . Less is more!
The old idea or trade on BTC is still valid :https://www.tradingview.com/chart/BTCUSD/9TkPPoQF-0805-BTCUSD-waiting-for-entry-signal-to-long-to-9k/ BTCUSD has made a double bottom or triple bottom on daily chart. Lots of buyers waiting here and they have already pushed price $1k up. But still not even hit our TP1: 7800. Less is more!
We would love to see a higher position as tp1, 7730. Also some adjustment on other tps which are marked on the chart. Check our last idea to see our old tps. Less is more!
On 4h chart, gold seems stop rising after hitting EXT FIBO 1.27 position. This is not a 100% sure signal for a short trade targeting lower position which is possible still. Check the red wave on daily chart. So we have two plans for GOLD on daily chart, either way is possible for decent pips. Less is more!
Setup a long trade based on daily chart EN: 56.37( Current price) or 52.00( Pending order) SL: 48.00 TP1: 61.5 TP2: 71.0 Less is more!
On GOLD'S daily chart, this resistance is still valid for Gold so far. And our last idea for the beginning of wave 8 has failed.https://www.tradingview.com/chart/XAUUSD/rRLOAaBh-2108-GOLD-update/ Its better that this line or resistance zone could stop gold rising and correct from here. Becoz DXY also has a support zone on the same time. Less is more!
Remember our last view on BTCUSDT: That trade is still valid and the first TP is 7800. This is a textbook trade that based on a double bottom with bull daily entry signal. And usually this trade takes days or weeks to finish. Our entry is a good one. Less is more!
UJ did not just simple drop down but found its support on 110. That made our last idea stand still valid. The blue trendline is now broken and we are now expecting a correction before it can make a new top ( green arrow) Less is more!
Channels analysis on not good on this chart. But wedge is OK. USOIL has a lower position since the last Monday becoz of the new month contract.https://www.tradingview.com/chart/USOIL/R9jEeml8-1008-USOIL-pls-do-not-forget-this-channel/ That position also can be called as a support zone. In the near weeks, it probably will test 72.5 again which is also another top...
DXY has a bear top on weekly chart. DXY has a support zone ( fibo 618 support daily chart. So which one to follow? Check it on 4h chart, there are still some bull sign on the red zone. Dxy either will follow the green channel down to next support zone or it will make it last breath up ( blue lines) Less is more!
This chart is telling this story. DXY is now meeting fibonacci 618 support, and DXY is still stand inside the ascending channel which could probably send it up to 97.8. Less is more!