Traders, This is what happening on BTC. A broken blue trendline on 4H chart. A red resistance zone is still valid. A wave 3 ( purple curve) is still in progress. A plan for BTC to retest 6k is still valid. Trading course is going to be online soon. Subscribe our trading course to get a better understand of our strategy. Less is more!
Traders, We now having a flat channel for UJ down to see 104.6-103.7. The blue trendline from the top that we used to assume that UJ is going to reverse now is going to invalid once UJ make a new low. The flat channel also mean lots of buyer try to buy UJ here. Once the buyers' sl hit, UJ will drop dramatically down to next support level ...
Traders, GBPJPY now is on wave ABC to 150.5 to retest the blue trendline . It could probably go higher to retest the light blue trendline later if a corretive wave wont make a new low later. Our last view to short GJ for 700 pips now looks a little too early. GBPJPY has its corrective job to do . Less is more!
Traders, BTC has finished a harmonic pattern. And on daily chart its going to start a wave 3 with candlesticks called evening star. A retest of 6k now is still possible and the assumption that bear on BTC is still valid. Train to use trend to analyze pairs. Trading course will be online soon. Less is more!
Traders, Bear is still here ,alone with the channel down to 0.65-0.362. Xrp did not make a new high with the corrective wave, only back to a neckline position. Assuming this channel is valid and helping us tracing a new low target inside channel. Less is more!
Traders, Assume that Gold has just finished a corrective wave with the support of 1310( RED WAVE). This corrective wave happen to be a 2-month wave 6, and now wave 7 is targeting 1360-1400. FOMC as a trigger only help gold to confirm the support of 1310, yesterday the bull candlestick on daily chart just tell us this. Less is more!
Hello traders, We are now following the channel to short BTC. We had a long trade trying to trace a retracement a little earlier and stop loss hit. BTC has a signal of stop dropping at fibo 0.786. Also a potential CYPHER , as chart shows, could send it back to 10k round, and could touch the channel again. Meaning that red zone could be a good entry to short BTC...
Traders, This is a wkly chart that you should not take the last candlestick into consideration becoz its not finished yet. But before that one, you can find two bearish candlesticks on wkly chart, also a broken trendline. A short trade of EU for this wk could down to target of 1.208, almost 280 pips from the open price of this wk. FOMC is coming soon in 24...
Traders, I would love to take a small risk to long this pair. This is potential the end of corrective wave on daily chart. Also a ABC wave is finished at fibo 1.414-1.618. Hopefully the CYPHER pattern can send it back to D. Less is more!
Traders, There are 6 charts related to YEN. All of them on daily charts are now facing reversals. Broken trendline, double bottoms, retest of the trend line with bullish candlesticks. Yen is getting weak now. Hunts your pips if you want . Less is more!
Traders, On wkly chart, GOLD has finished a five-wave trend. Following with a broken daily trendline on wave 5. Only short trade is considered for gold right now. And for USDJPY, we are waiting for a sign of bullish or consolidation at the bottom. Less is more!
Traders, Consider the weakness of all CRYPTO currencies, for NEOUSD, one thing is for sure. That is NEOUSD is going to make a five-wave trend down inside the channel. What is not for sure? Neousd could make a double bottom or same low as last one or it can dip deeper down to 35.24. Last 5 DAYS for signal subscription promotion. Less is more!
Traders, GBPJPY has a broken longterm trend line which has retested already on daily chart. RSI <50 is also support this bearish idea on GBPJPY. Hopefully you can see a 740PIPs for the third wave on daily chart. Less is more!
Hello traders, For btc 1H chart, we found some support sign around 8600. A corrective wave back 10289 is possible. The blue trendline is our daily descending trendline from 20k , which is still valid. Good luck! Less is more!
Traders, Our assumption on our last idea that GOLD is in a new descending channel is not valid anymore. The blue trendline on 4h chart has broken and the purple channel could help us make a flat new channel up to 1350 round. Less is more!
Traders, I dont see any clue to long BTC for a long time. I know some traders would still want to long it to back to last high,like 20k? I would like to update BTC here to insist the clues that I found based on my strategy. Right now, a small range of correction back to 11k is possible, as long as the trend line is still valid, BTC still could drop down to 7k...
Traders, This is a 600 pips short trade from the top. Two trendlines are broken ,following with a sideway movement on daily chart. I will suggest traders do not stop shorting it till all targets hit. Channel ABC trading course is going to online soon, hopefully that could help u understanding all my ideas. Our trading account start from 20k in Oct,2017, and...
Traders, Its so sad that USDJPY did not rally to break the trend line as gold drop down from a double top. This situation happens sometimes. So still need to stick to our strategy, and do not trade what you think but what you see. For UJ, 105-103-101 still possible as for support zone as long as the red trendline is still valid .And those zone could be a...