EURAUD is still on our sell list going alone with the red triangle. The 5th wave inside the triangle is now targeting the bottom support line for 240 pips. Good luck! LESS IS MORE!
Now we assume USDCHF is on its 3rd grand super impulse wave up. The red wave is waves we are referring to . The blue corrective five -wave trend has finished above the bottom greeen zone where is also start for the next grand super impulse wave. Would love to see USDCHF to trache the highest green level on this 3rd grand super wave. Good luck!!! LESS IS MORE!
USOIL has been on our weekly buy list for a long time. 60-63 is now finally become our target zone for the 5th wave after the positive news from OPEC conference. The green zone is now possible to reach in the next 1-2 weeks. Now you need a good position to follow the trend. Good luck!! LESS IS MORE!
EURNZD has hit our last signal' s all targets with 450 pips. Now it did not want to stop dropping yet. But we dont have a good entry to sell again. Check it again on weekly chart. A very possible entry to sell again is the B position which is not confirmed yet. From B to C , there will be a possibility of 740 pips to drop. 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. Good luck!!! Less is more!
DXY is now deciding which channel to go with . Go sideways with the blue one to make a refelction point on the channel to rally up to the red R/S. Or to drop down more to continue the 3rd impulse wave with the red channel to make a new low like 96-96.5. Two options are all possible for it to go. Better check it again on 4h chart few hrs after NFP released. You...
XAGUSD is ongoing with its 5th wave down. Weekly and daily chart both are showing high possibility that it will reach 16.30 very soon on the 5th wave. And the next target is 15.6, coming in weeks. LESS IS MORE! Good luck!!!
The weekly chart of gold doesnt change too much for now. But gold now is metting its 1st strong R/S zone for rising. The purple R/S seems gathering sellers up there , ready for another $10-15 down. Once price break down the recotangle, GOLD will have $100 to drop, from 1475-1375. Good lukc!!! LESS IS MORE!
We were saying that EURUSD might not be able to break 1.110. Now it is stuck around this number. 4H chart is bias to sellers now. A very possible retest of 1.1000 soon again in the next 1-2 trading days. And daily chart could drag it down more to break 1.1000. Just need some momentum from NFP. Good luck!! LESS IS MORE!
EURNZD is on our sell list for a month. And it eventually help us signal hit all targets with 350 pips. This pair is still on H&S bearish pattern. And it looks still dropping down now to the 1st R/S zone. The pair is bearish due to bearish EURUSD and strong NZDUSD . Actually, NZDUSD n GBPUSD are two pairs that are really strong this days. Thats why EURNZD and...
EURCAD on daily chart is correctinfg from the reflection point of the channel. It also looks dangerous too on weekly chart which could make EURCAD drop down more to the bottom for 277 pips overall. GOOD LUCK!!! LESS IS MORE!
We hava signal to sell this pair sent out on Tuesday. But we manually closed it with only 30 pips profit. We were very close to our TP1 108.40 but it did not happen . Check it on the daily chart, the big pic is still bearish to us. The red pressure line on daily and weekly chart seems still valid. And now USDJPY probably just retracing back to the daily greeen...
We havd this idea posted in Nov. Now BOC help us a lot to confirm the red pressure line that is still valid and help us signal to hit 1st target with 50 pips. 2nd one is going really close now. The potential Butterfly Harmonic pattern is used to find out the maximum pips now we could see from C to D. It could take several waves for USDCAD to drop down there and...
DXY has been dropping from the red R/S zone since last trading day of Nov. Now the blue channel seems to support it going up again before NFP tomorrow Friday. Maybe just traders ' cautious. On this case, DXY is now on the way up again to the red zone. And it will make a new high in Dec if it break the red R/S zone. GOOD LUCK!!! LESS IS MORE!
Reasons to long next week: 1. 5th wave is onging with 300 pips potentially. 2. Support from the purple line Good luck!! Less is more!
FOMC meeting is happening this week. Reducing production is the news that keep pushing oil price up. Check on the daily chart, USOIL now is seemed on its 5th wave up and the bottom green zone provids a very support for that even though oil drop down technically hard on the last trading day of Nov. The weekly harmonic pattern is still potentially giving us...
Daily chart 1. USDJPY now seems meet its 1st R/S zone. 2. The red pressure line is still valid 3. So better for sellers to wait for a new entry to sell again. 4. Next R/S is 107.30 which is a position on weekly BB bottom line. LESS IS MORE! GOOD LUCK!!
GOLD has made a strong rally on this Tuesday which help us to finish a trade with all targets hit with 220 pips. The purple arrow is the new 1st swing now has made it to the 1st R/S zone. Should wait for 4h chart signals to see if gold can break this level. For sellers, all those purple R/S zone could be a good position to sell only if strong selling signal...