Traders, On silver wkly analysis, you can find out 13.9 as an important position. And a long-term descending trend line from top has been broken and now is retest. Going to take 4 trading days left this wk to prove the retest is successful. Two boxes for future target zone. Last 4 days for FX signal promotion. Less is more!
Traders, LTCUSD now definitely is following BTC on daily chart. Fibo 618 , which did not really hit , could be considered as the end of the correction with a broken trend line and weak daily candlesticks after breaking the trend line. Drop down to 102 is possible to LTCUSD now , that would make a double bottom . Promotion for fx currency subscription is still...
Traders, All crypto currencies have a similar situation now. For BTCUSD , is has a broken trendline for a corrective wave, and a long-term resistance line from the top. Fibo 1.27 ,6k, has been hit once and will be hit again . Lower price like fibo 1.414 is also possible in the near future. Promotion for fx currency subscription is still on till 2nd March. Less...
Traders, On daily chart, considering the first trend from 1360 down to 1321 is the second wave of the trend from 1308 on 8th Feb, 2018, GOLD just finished a fibo 382 correction and got support from a daily long-term trend line. A possible ABCDE could help gold to touch 1400 next month. On 4h chart, the broken trend line is telling a truth that the descending...
Traders, For EURJPY, it has a trendline that rehit on the opposite side with RSI DIV. This bottom is also a long term support zone. Wating for long trade signal for 300 pips. Promotion for fx currency subscription is still on till 2nd March. Less is more!
Traders, On such long-term channel of GBPUSD, you could see a five-wave trend or seven-wave or nine-wave trend. Never mind if the wave number is not right to you. The point here is that a really high possibility of reversal after 5-7-9 wave trend. Now we want to see that happen when GBPUSD hit the channel again or the neck position of last wave. Promotion for...
Traders, On daily chart, a broken trend line now is following with a sideway movement. And the support of 1.225 is giving a possibility of five-wave small pull back to 1.25, which could be a triple top. If EU make a new high later, we will have different trend line. On wkly chart,this is a wkly trend line from the beginning of 2017. EU stop rising at fibo 1.27...
Traders, GBPJPY now is waiting for a bull sign to correct. The long term trend line is broken already so B is expected at a lower position than last top. But double top is not impossible here. Down to find out another support zone for longterm short trade. Promotion for fx currency subscription is still on till 2nd March. Less is more!
Traders, Crypto all are going down for the moment. For btc, a broken trend line is sending down to 9k first, then 8k could following , later a retest of 6k is still possible. Promotion for fx currency subscription is still on till 2nd March. Less is more!
Traders, USDJPY, without questions, now is in the huge descending channel. 108 no longer is a support but a new resistance. Down to 106 is next support. Down to 102 could be the reflection point on the channel. Signal subscription promotion is still on FOR CHINESE DOG YEAR! Happy Chinese Dog's Year to all you guys! Less is more!
Traders, 1265 definitely is a strong resistance as same high as last top. A corrective is exptect from the top down to 1330, with the support of the red line. Gold could challege 1400 last this season. Chinese new year promotion is still on ! Less is more!
Traders, This is a wave 3 turning this pair up to 1.27-1.28. What you can do right now is waitting for pullback to enter again or doing nothing. Becoz stop loss is an really important issue of trading , ALSO RR RATIO. Promotion for fx currency subscription is still on till 2nd March. Less is more! Less is more!!
Traders, This is a remarkable trades beoz we entered at the beginning of a new trend or a corrective trend. Price start to drop after finishing third wave. Right now any correction could give another chance to short it again. Threes supports as short trade targets. Less is more!
Traders. DXY has a correcive wave inside the channel . B is expected to be 90 before FOMC. After that, lower low for DXY. Less is more!
Traders, XRPUSD broke the trend line and made its best to 1.216. Now another red trendline for last ascending trend is broken too. Going to see it down back to 0.7053 or lower low. Less is more!
Traders, This is going to be a start for wave 5. This is going to MAX 37.1% down. This is a RSI hidden DIV. Short signal for it now! Promotion for fx currency subscription is still on till 2nd March. Less is more!!
Traders, BTCUSD has risen 43.52% after breaking the red trendline. This ascending trend is rising slow and flatter angle, also taking quite a longer time than before. Some sort of RSI DIV as arrows show, telling a u that a correction could happen anytime at fibo 1.27-1.618 zone. A healthy correction could help btc go higher, but this could also be the end of...
Traders, There is a broken trend line on daily chart which reject our last idea that a retest of 6k. Now what? This broken trend line meaning some buyers love to send btc back to 12k first, then 16k after. This could make a double top or make btc back to neckline position. Less is more!