Traders, Fibo 618 as support is lower than expected and confirmed now. Stick to the plan up targeting 1202-1265-1377. Less is more!
Traders, Gold has broken a trendline start from the beginning of trend( the blue one) This is a bear signal to us, but still not a signal to sell yet. A correction start from 1335 that gold hit on 30th Jan , targeting 1352-1358.( going to take 2 days to finish this corrective wave as calculated) After that a potential short trader targeting 1326 or...
Traders, A potential CYPHER for CADCHF, C is confirmed, targeting potential D. Wont go straight up. Any correction would be a good time to enter to long . But first of all, CADCHF need to break the blue channel to confirm the bottom. Promotion for Signal subscription is now on! Check it out on our web link. Less is more!
Traders, Ethusd is on a ascending channel up to E which could touch 1420 again. This is on the wave 5 inside the light blue channel . After that ,could drop down to the other side of the channel (1190) again. Less is more!
Traders, First of all, this is not a trading signal , but analysis on weekly chart. GBPNZD definitely has a strong support on wkly chart now, also you can see a potential CYPHER on this chart. According to this CYPHER, GBPNZD has a possibility to drop down to 1.6865 after 4 months later. However, we dont usually hold a trade that long. Most of us are...
Traders, We entered already at 135.4 for a double top and triple RSI DIV. Good entry can help you build a healthy mental for the whole trade. Wave 3 down to 132 round, targeting 300 pips to profit. Less is more!
Traders, EURCHF, EURCAD, EURJPY all are facing a corrective wave from the top. Theses could be really good entries for swing traders with wide stop loss. Less is more!
Traders, Considering that ABC wave is the reason on daily chart that USOIL hit 67.84(fibo 1.618). This is a possible reflection point going to appear. But what will happen if this assumed point does not appear? Then a sharper steeper channel will follow up. Our point is that usoil could touch 73.19 in March with or without a corrective wave inside or outside...
Traders, Gold has a triple RSI DIV on daily chart. This is a really corrective swing that could possible dig down to 1308 -1300 zone. After that, wave 3 on daily chart could possible start. On 4h chart, Gold already start the correction, targeting 1323 first. Hope this is helping on planning your trade on gold. Chinese New Year Promotion is on,check our link...
Traders, The light blue trend lines is now broken and is not valid for our analysis anymore. Becoz of that, B zone as a correction position ( still under orange trend line) has a wide range. B zone could also be a good entry for anyone who want to short BTC again. Short trade is still targeting 7k and long trade still need to wait for more confirmation...
Traders, Dollar is weak and will be hard for it back to 100, but still possible pull back to 90. To make Trump's family business great again, Trump made Jerome Powel as new Chairmen of Fed Reserve,also made a good to-make-dollar-weak team. Technically, fibo 2.618 is a strong position to bounce up for a necessary correction. As long as Dxy staying insider the...
Traders, On daily chart, GBPUSD is totally bullish without questions Even though a potential reflection point on the blue channel appear now , still TOO risky to short it right now. The red zone(range from 1.42-1.47) is the potential reflection point. Less is more!
Traders, LTC to us , technically , is still bearish, like BTC. As long as it under pressure from the trend line, it should drop down to132.21 again. After that , if price is still under the trend line , will dig down to107.39round. Less is more!
Traders, BTC to us , technically , is still bearish. As long as it under pressure from the trend line, it should drop down to 9737 again. After that , if price is still under the trend line , will dig down to 7000 round. Less is more!
Traders, This is a really long-term channel start at the beginning of DEC 2018. To break it, NZDUSD needs a little more time. A strong bearish candlestick just happened early this Asia morning , but it still stays inside the channel. Patience is what you need for the moment. Chinese New Year Subscription is on now, go to our web to check it. Less is more!
Traders, We have an old idea, saying that somehow Trump is making DOLLAR weaker and weaker. Is this how he could make America stronger and stronger? Trump definitely want a CYPHER to happen as this chart shows, at least the dark blue one. On this chart, you can see DOLLARS possible to get a support from 90, which is happening with RSI DIV. 91.62 could b the...
Traders, We know that gold is on the season to bull. And it hit 1344 last wk which happen to be the neck position of last huge wave. A healthy correction from there is reasonable. Right now , if gold has another bear sign on 4H chart, the corrective wave could start down to 1300-1314 zone. After that, would love to see higher position as 1375 round. Less is more!
Traders, AUDCHF has a broken red trend line on the R zone. Following down to two targets. Less is more!