On the right weekly chart is what we have been following with: a potential harmonic weekly pattern. Now the red pressure line is stopping pirce of oil to rise again. On the left daily chart, this could be end of 5th wave of a uptrend channel. And price is retracing back to the red support zone. Good luck!! LESS IS MORE!
Details of this daily chart: 1. Gold is on its grand super impulse 3rd wave down (Red) 2. after finishing the blue triangle 5-wave corrective wave. 3. it also on the 3rd impulse wave down (yellow), targeting 1402-1427. 4. Now we add a green 5-wave corrective wave that is quite possible for gold to go alone with.Meaning a correction from 1460-1490 is possible for...
GBPNZD might test the purple line to finish a swing inside the channel FOR 300 PIPS before the 12.12 eleation. Good luck!!! LESS IS MORE!
USDJPY hit our signal's tp1 with 50 pips last week. This signal is still valid with only half size left. On this chart, we see USDJPY met its 1st strong daily R/S with a DOJI. That is a warning signal not a confirming signal yet. Meaning price could go up again to break the R/S to make it to 110.3-111.00 still in 2019. Good luck!!! LESS IS MORE!
Gold still can't break through the red pressure line! It could turn down to approach 1440-1450 zone later. Maybe before 2020. The plan now is wait for one more warning signal on daily chart and a confirming signal on 4h chart. Good luck! LESS IS MORE!
Reasons to sell on weekly chart: 1. Strong resistance zone to stop price rising up 2. Beaish signal still on weekly chart 3. 3rd wave on weekly chart is now targeting 1.295, great chance to break 1.3000 soon. 4. Waiting for signals to open a sell order next week. Good luck!!! LESS IS MORE!
EURNZD is still on the downtrend channel . Its now on its 7th wave which seems just start from the red resistance zone. Good luck for the next wave. LESS IS MORE!
Assuming AUDCHF 2nd corrective wave is about to finish. Price stop dropping and being supported by the red zone on daily chart . And this could be the end of 2nd wave on daily and weekly chart. The 3rd wave could rise up to FIBO 1.27 to make maximum 330 pips from now. Looking for an entry to join the buyer's party. LESS IS MORE!
EURGBP could just finished a CYPHER C above the bottom support zone. And the end of 3rd grand super down wave has made between EXT fibo 1.27-2.00. A very possible way for this pair to go alone with the green waves till it reach D position for 900 pips which could take months to finish. Good luck!!! LESS IS MORE!
Gold still can't break through the red pressure line! It could turn down to approach 1440-1450 zone later. Maybe before 2020. The plan now is wait for one more warning signal on daily chart and a confirming signal on 4h chart. Good luck! LESS IS MORE!
DXY is supported from the red support zone where is also seemed as a reflection point of the green uptrend channel. Anyone who want to buy GOLD better wait for the signal of the end of this uptrend swing of DXY. DXY could reach 97.7-98 again before dropping down again. GOOD LUCK!!! LESS IS MORE!
GBPCAD is in the end of 7th-wave trend. The strong resistance zone stop it making a new high. It just drop from it to start its 1st wave of a down trend. The end of the 1st wave could make 665 pips. Good luck on hunting pips by choosing your great entry. LESS IS MORE!
GBPUSD is facing a correction while the same for GBPJPY on daily chart which is also the plan for this week: Now GBPJPY has pulled down 250 pips. We are now looking for an entry to hunt 250-450 pips of the 655-pips correction. Good luck!!! LESS IS MORE!!!
We hava a plan to sell GBPUSD this week Now this Monday, this pair gave us faith to beleive this plan could work this week. A correction from Fibo 0.618 donw to fibo 0.382-0.618 of the recent uptrend is possibile now. Good luck!!! LESS IS MORE!
AUDUSD and NZDUSD are both meeing with a potential resistance zone on weekly chart. AUDNZD is the pair that going to show us which pair is going to correct more. Considering AUDNZD now probably reaching a R/S zone on the red zone, NZDUSD might have more pips to drop from the weekly resistance zone. Good luck!!! LESS IS MORE!
After the election, now GBP is more related with economic data than political factor in the last 2 trading weeks of 2019. Back to this weekly chart, GBPUSD is very possible to retrace back to 1.29-1.303 from fibo 0.618 of a grand super trend start from April 2018. We are now only expecting a small correction like FIBO 0.382, so 1.29-1.303 is the target zone for...
EURNZD is still going alone with the HARMONIC pattern. The trend from C to D has not finsihed yet. The trend still has 550 pips or more to drop. Good luck! LESS IS MORE!!!
EURCAD probably on its 5th wave down alone with the green channel for 500 pips. The sideways for last 3 months is going to finish with a strong trend after. We would prefer the new trend down alone with the channel to test 1.41-1.42 soon. Good luck!!! LESS IS MORE!