Traders, DXY has a strong support at 88.5, which is also EXT FIBO 1.27 position. This could explain why gold is facing a strong resistance zone now. Dollar needs to challenge 91.8, 94.38 before 100. However, you have to addmit that its still hard for dollar bounce back to 100. Less is more!
Traders, GOLD and Silver rose quit a long time since December 2017, and as mentioned before, any healthy correction would help them to rise higher position. For SILVER, a broken trend line ( RED ) on daily chart is now confirmed . Bfore touching 18.60, a corrective wave dig down to 16.3 is possible for the coming 1 or 2 wks. On wkly chart, SILVER has a...
Traders, Hope you guys noticed that gold is dropping from the top( purple zone) while BTCUSD sort of finding out its support after hitting all our targets. We short btc from $12800, and this trade closed at $6050. Gold and Btcusd definitely have different direction to go , as chart shows. We are expecting $9450 for btc to correct while $1311 for gold to...
Traders, Everything is possible on fx trading. The last bullish green bar looks like a fake breakthrough to me. The trendline still possible to be retouch on the otherside, meaning a lower low at 1.211 still possible. Now the problem is where to find out the short trade entry. Signal subscription promotion is on for Chinese New Year! Less is more!
Traders, This is a wkly short opportunity that our signal already sent out. Double top with a broken trendline is telling you to short , targeting 155-280 pips. Less is more!
Traders, This chart is simple just as AUDUSD making a "V" without a stop. This is not happen very often, but once it happans, it silly to make any short trades again and again with your stop loss hit again and again, perhaps you dont even have a stop loss just keep bleeding. For this pair, still easy to trade on daily chart and we mark on the chart already,...
Traders, GU is another pair that looks still bullish to us. Targeting 1.47 in the near future for swing traders. Any correction only make us a good reason to enter a long trade again. GU finished a RED ABC triangle corrective wave in the final quarter of 2017. After that, it made a 3-wave ascending trend up to 1.43. Now we are only following the light blue...
Traders, No fancy words here, but just something real. That BTCUSD is now targeting 5580-6000. A correction is expected on that red zone. Remember nothing is for sure here. The easy job is to follow the trend . Signal subscription promotion is on for Chinese New Year! Less is more!
Traders, BTCUSDT is on the wave 3 down to fibo 1.27-1.414 , 5630-7065 where could b our reflection point on the channel. Then technically you can expect a correction from there, back to 8556. Less is more!
Traders, Btcusd made itself hit 7600 once. Taking the trend line into consideration, the bear is still there. Btcsud will still drop down to touch 5800-7800 zone. After that, BTC could stop dropping if sideways movement ABC wave appear to break the trend line. Less is more!
Traders, A broken channel inside the channel give us a reason to short it now. Setting up a short trade on the chart now, SL TP AND ENTRY. This a typical ABC wave ( blue) after a ABC-wave( Red). Less is more!
Traders, Finding out the reversal trade is an ability. Following the trend is an ability. Using them to make positive pips to create wealth is an ability. Now on daily chart, gold is making a healthy correction from last top, this is a good sign of further higher position. Swing traders will follow the correction trend down to 1296-1328 zone, WHICH ALSO A...
Traders, This is a easy one to short WHICH we already entered. Orange trend line broken on daily chart. Targeting fibo 1.414-2.618. Less is more!
Traders, On daily chart, USDCAD is still bear targeting the red bottom. No sign to long it now , at least not from my strategy. A potential HARMONIC PATTERN after hitting the red zone. Less is more!
Traders, USDJPY is still bear on 4h chart as the trend line is still valid. Start from D down to 107.20, still have 227 pips to go. Less is more!
Traders, On daily chart, DXY is still inside the descending channel. A possible support zone now is 87.55. Meaning, at the same time, gold is still tend to be bullish. Less is more!
Traders, NZDUSD has a broken channel now . A retest is waiting for confirmation . Once its confirmed, this is a great entry to short for longter swing traders. Promotion for Signal subscription is now on! Check it out on our web link. Less is more!
Traders, For NZDJPY, this is a bear signal on daily chart. Channel broken following with bearish candlestick on daily chart. Target zone as chart shows. Less is more!