Hello traders, GBPJPY is still on our weekly sell list as it still bearish on weekly chart. It just could not break through the average line and the green level on this chart. It actually has return back to the inside of BB and might follow the main trend on weekly chart down to test the bottom again for 500-600 pips. Good luck!!! LESS IS MORE!
Hello traders, Please support this idea with LIKE if you like our ideas. We still keep this idea that green pressure line is still rejecting gold from making a new high before a correction. The end of 3rd wave of the ABC wave has made a new high with RSI DIV. This is not a good reason to long gold now as it did not break through new high last week. The red...
Hello traders, Please support this idea with LIKE if you like our ideas. Usoil was rejected bythe pressure from the green level and and middle band of BB. Now it keeps running down again. We might see it test $10 again as Global recession expectation. $7 is also possible too. Technically, it should rise up again from any support position, back to $20 in the...
DXY is not ready for a real reversal as long as moving above the middle band of BB. The big pic on wekely chart is showing a possiblity that it might test 103.8 again before making a new high like 104.4. Good luck on trading currencies based on this idea. LESS IS MORE!
Please support this idea with LIKE if you like our ideas. Details in the chart. Less is more!
Hello traders, Pirce stop rising at the end of 3rd wave which is also fibo ext 1.618. Also it needs to return back to inside of BB now. This could be a support on weekly chart. Price will meet middle band of BB soon on this level.After that, it might try to approach red level again, it also possible to pass through the green level to make a new high with RSI...
Hello traders, USDJPY has been moving in a very small range in the last 4 weeks. But at least one thing is confirmed now that it kept moving beneath the average band of BB. So it did not give us a warning signal as we expected in our last idea that might push price up for a rally. It still bearish on weekly chart and made the idea of last WKLY PLAN still...
Hello traders, We have a bearish signal last week on weekly chart for GBPJPY, following with some bear trend this week. 130.70 is the green level on weekly chart that could not miss. This level could be the end of 3rd wave on left 4h chart to test. And price could test lower position in the red zone on 4h chart too. But that would be a weaker possibility since...
USDCAD might not break this level recently. This could be a start for a swing of sideways movement on weekly chart. On that case, it might follow the channel on 4h chart to next refection point on the channel. LESS IS MORE!
BBW has staying low for a while. USDJPY went sideways since middle of April. We expect a strong move on either direction will happen soon. As long as the green support level is valid, it might rise up first to test 110. To survive on such chart, you need to be more patient than others cause the strong rally could happen without expectation. On weekly chart, if...
Weekly chart GBPUSD was rejected from this level once on weekly chart. It still bearish as long as it keep staying beneath the line. It might retest those green levels as long as it still bearish on weekly chart. Daily chart GBPUSD still cant pass through the middle band of BB, meaning it still bearish on daily chart too. On this case, it might make a new low by...
Hello traders, USDCAD might not drop next week but very possible rise up again to test highs on weekly chart for 784 pips at least. It shows a warning signal on weekly chart with a small body candelstick even though you can find a bearish evening signal on daily chart. We prefer to follow the trend on weekly chart and trade carefully on daily chart. The new...
Hello traders, Gold has been rejected from the resistance line since last Tuesday. The new swing starting from there might send gold down to test S1 1600 first next week with one wave on daily chart. 1500 might be test after. Good luck on trading GOLD. LESS IS MORE!
Hello traders, This is a setup for BTC based on our last idea EN: 6840 SL: 7500 TP1: 5980 TP2: 5560 TP3: 4800
Traders, EURUSD is on our sell list for a while. But it seems like it want to finish the corrective triangle wave first with 5 waves. So the position to open a potential sell order has not confirmed yet. Once it is confirmed, EURUSD will make a new low lower than 1.0650. Good luck on this trading plan. LESS IS MORE!
Hello traders, GBPJPY could not pass the red level and is making a bearish top on daily chart. We have sent a signal on GBPJPY 4 days ago and this signal now almost hit all it targets now. The downtrend channel could help to find out how far it might go to. The new recent low which is also low in 2016 is a support where GBPJPY to rise from. The new lowest low...
Traders, Gold has been on my sell list since 2 weeks ago. The pressure line on daily chart is the reasons. On 4h chart, we can follow the channel to see if a five-wave trend will send gold down to 1650 and 1620 after and then 1600. Good luck on this commodity. LESS IS MORE!
Hello traders, Gbp must be a very weak currency recently. Another pair related to GBP is bearish on daily chart too. GBPCHF is looking down that could go up for 860 pips. GOOD LUCK ON THIS PAIR. LESS IS MORE!