Traders, This is a support zone on DAILY CHART. OK, considering the totally bear on BTCUSD and other Crypto currencies, why not try to long some pairs that use BTC as calculated unit? This is one that showing a broken trend line with several support candlesticks on daily chart. Try it with stop loss. Less is more!
Traders, EURUSD has a triangle on the top. But on daily chart, a support is confirmed so far. This could help EURUSD back to somewhere that probably good to short it again as a 5-wave trend is showing weakness. Still not easy to see EURUSD drop down straight down now. Long trade has a possibility of 161 pips while short trade could have 275 pips. Happy...
Traders, EURGBP found its support on wkly chart( blue one). This is a trade for a box. Long it at the bottom. Short it from the top. Easy one! Happy Easter Day! Get currency subscription promotion via our web. Less is more!
Traders, This is a sign of typical ABC wave sent WTI back to last top which happens to be a fibo 1.27 position. Meaning a potential CYPHER C is coming if WTI wont break the strong resistance zone. Being patient is the most simplest way to trade on WTI now. Less is more!
Traders This is not a really fancy chart becoz you might not able to follow my mind by reading it . To be clear that I am totally bearish on GBPJPY on weekly chart. Meaning that I am waiting for another good entry to short gbpjpy AGAIN! We had a signal on GBPJPY short last week with target 1 hit and also new stop loss hit after HITTING TARGET 1. That made us have...
Traders, You must have noticed that GBPJPY rise 2.82% ,400 pips from the lowest position. Thanks to GBPUSD which has just broke a trendline and made a great effort on rising WHILE USDJPY has not finished its correction and moving back to last top. Now both pairs are facing a possible correction . Both are waiting for signal for next move. Less is more!
Traders, BTC is still good to go , on our opinion , back to 12k would take a really long time.But the direction for btc is still the same right now. The purple support line and trend line are both showing a support zone at 7600. Two blue zones for next targets before 12k. Red line for the final target that so far we could see. Less is more!
Traders, We have our pending order on this pair triggered last week. Thank god, it did not hit our stop loss yesterday. So its quite important recognize where to set up your stop loss. Some time you can figure out a direction, but you die becoz you have a poor stop loss or money management. This pair is still bearish to us. And yesterday just confirm that...
Traders, As our last idea on DXY that dollars is now facing a resistance zone on 95, what about gold? Check it on daily chart, you could see that GOLD hit our second target 1285 and bounce up from that on a slow pace in last 2 weeks. There is a potential Cypher here can guide us that GOLD has a possibility to rehit 1348 again. We have our long trade entered...
Traders, Dxy has just fnished an reverse hammer on the top which is suggesting that green line is now a challenge for DOLLARS. Its reasonable for dxy to pull down for a correction before breaking through that green line. After a great NFP , gold has been pulled down back to 1293 which is still above the red weekly trendline. But on weekly chart, we r not seeing a...
Traders, Last week we said there is not a signal is showing that the bottom for POUNDS is coming on weekly chart. That was not confirmed and was a trap. Pls go check it on weekly chart that a EURUSD'S similar hammer is now showing some bull sign. A correction is coming true for next week or weeks. On daily chart, a broken trendline is now confirmed and we love...
Traders, This is a weekly chart for XRPBTC . As you could see a ABC wave finished with a hammer with a really low lowest price on the week of 23th April, 2018. We mark that as the end of C as the start of another wave ABC. A support on weekly chart is really clear with a almost-finished morning star. A maximum 114.73% rise is possible if XRPBTC rehit the blue...
Traders, USDJPY is now facing a decision, following with DXY or against gold? The weekly chart is still same to us, purple pressure line is still valid. The 4h chart is where we are going to wait for a entry signal to short it again. No rush! Less is more!
Traders Thank you for your trust and keep following me here. On this cross-currency pair, pls do not go long only becoz it is not pushing up . On the weekly chart, we would like to believe that is only a corrective wave back. On 4h chart, it also confirm that the ABCDE wave is still on its way . Probably a good reason to reshort it again later. Fibo 1.27 for...
Traders, BTCUSD has finished a harmonic pattern on weekly chart. Pls check it on daily chart to see those small bullish successional candlesticks. Thats are good news to long traders. The long-term trendline is broken is a fact that btc is turning to a consolidation on the top .And now just another signals to confirm that. We want to see 8800 as Target1, WHILE...
Traders, GBPUSD has already broken the purple descending trendline . That trend is now considered as wave 1. A corrective wave is starting , from the bottom to our targets could hunt maximum 500 pips. Simple and easy one. Once the end of the wave 2 is showing, we would like to join back to the dropping club. Less is more!
Traders, EURUSD has a bullish hammer at the bottom the wave ABC on weekly chart after a long-term dropping since April. We would like to suggest a real correction for next week. A suggestion like this does not mean that it will start without pulling back to the 1.151 , where the bullish hammer start, again. So we need to use 4H chart later next week to find out...
Traders A finished harmonic pattern D is showing a bullish opportunity which we had implied in other analysis method before. And on daily chart, now its more clear. Two blue zone as the targets for the long trade. Less is more!