LeeFuGuo

LeeFuGuo Updated 

3 reasons to go short 1. Trendline resistance 2. AB = CD 3. Cypher pattern Sell limit at 1235 SL 1240 TP 1 1195 TP 2 1160 Buy limit 1159 Good luck

LeeFuGuo Updated 

1. Bullish Bat formation 2. Trend line resistance 3. Fibo 0.50 level

LeeFuGuo

Bullish Shark Buy limit 1187 SL 1177 TP 1 1216 TP 2 1234 SL to breakeven when price reached 1:1 R&R

LeeFuGuo Updated 

1) AB = CD 2) Fibo 61.8 3) Back to US president election day open

LeeFuGuo Updated 

Fibo 38.2 Trend line resistance Daily resistance Daily candle show price rejection :)

LeeFuGuo Updated 

:)

LeeFuGuo Updated 

Good luck :)

LeeFuGuo Updated 

Has been waiting for it for almost a week ... Bullish crab just completed and I think it the right time to go long. Disclaimer: Im only providing my own thought toward the market but not making any trade call. Trade what you see Hit the like button if your agree with my idea and feel free to comment in a respectful manner if you have different view on it.

LeeFuGuo Updated 

will GU able to push to 1.465 - 1.466 (Fibo 76.4 level + resistance zone) ? lets wait and see Sell limit 1.465 SL above trend line 1.473 TP 1 - 1.425 TP 2 - 1.413 TP 3 - 1.407 (support zone) DISCLAIMER: I'm only providing my own thought toward the market but not making any trade call. Trade what you see. Hit the like button if you agree with my idea and feel...

LeeFuGuo Updated 

Pattern: 1) Bullish Gartley (Orange) 2) Bullish Crab (Yellow) In 4 hours chart, price reversed nicely when the Bullish Gartley completed. But I expecting a Bullish Crab instead. Reason is due to the FOMC meeting which increased the probability of June rate hike (given that the economy data is good enough). But still their intention to rise interest rate is quite...

LeeFuGuo Updated 

Gonna risk some pips here ~ SL will move to breakeven when price reached 1.416 / 1.419 R:R 13.69 (slightly greedy but I personally think its achievable) DISCLAIMER: I'm only providing my own thought toward the market but not making any trade call. Hit the like button if you agree with my idea. As it will give me confidence to continue posting my idea. And...

LeeFuGuo Updated 

In 4 hours chart I saw Bullish Crab pattern although the C leg reversal sign doesn't seem to be strong enough. But I gonna risk some pips here to capture this downside move. 1st target can be at 1211 as there is a strong support and also the Bullish Gartley will be completed at that level. (XA leg 0.786). R:R 12.11 SL will move to breakeven when price hit...

LeeFuGuo Updated 

In daily chart I saw 1) Bearish Crab (higher probability than other possible pattern like Cypher) "Green" In 4 hour chart I saw 2) Bullish Shark (higher probability than Cypher) "Yellow" Reason: the C leg of Bearish Crab and D leg of Bullish Shark nearly coincide at the same level. Good level to short as the I believe this level will hold and reverse due to...

LeeFuGuo

In 1 hour chart I saw 1) Yellow: Bullish Cypher 2) Green: Bullish Shark (Fibo X extension 0.886) 3) Green: Bullish Shark (AB extension 2.24) The probability trend turnover to bullish on pattern 1 & 2 are higher than 3 as the D leg of pattern 1 & 2 fall exactly on support level. Therefore, any trade will only be executed when the trend reversal is confirmed....

LeeFuGuo Updated 

In 4 hours chart I saw a Bearish Butterfly is forming and the C leg is expected to be completed around 112.4 which is also the recent support on 19 Feb and resistance on 23 Feb & 25 Feb. Therefore the price is expected to reverse from this level to D leg. DISCLAIMER: I'm only providing my own thought toward the market but not making any trade call.

LeeFuGuo Updated 

Gold (XAUUSD) in 1 hour chart, I saw 1) Bullish Crab 2) Ex-support and resistance level USD seem to be weakening due to the election currently held in US as country risk (uncertainty) is higher. Therefore, entering short in Gold pair are quite risky as short in Gold = believing USD will be appreciate. So this trade will only be executed when there is more...

LeeFuGuo

In 1 hour chart I sported Bullish Gartley. Price are expected to go to D leg on Fibo 1.618 (BC) instead of Fibo 0.786 (XA) because I see exact support on D leg Fibo 1.618 (BC) at price 1212. I will not take this trade until the Bullish Gartley is completed because the price may reverse anytime before the Bullish Gartley is completed. Gold actually showing higher...

LeeFuGuo Updated 

1 - Bearish Gartley: The one in pink is drawn based on daily chart basis. Price is moving toward the C leg. 2 - Bullish Bat: The one in blue is drawn based on 4 hours chart and the bullish bat pattern is expected to be completed by today. Long bias - the red rectangle is a recent support zone in 4 hours chart and the red line on 1.4226 is historical support (the...