Liuqi1987

Liuqi1987

See whether USDCHF could break out the upper channel.

Liuqi1987

USDCAD came to the D point which is the 1.272 extension of AB. It is a short entry point. But more info needed next week.

Liuqi1987

GBPUSD comes to new high this week but faces more resistance upside. Try to short GBP at 1.292-1.293 or current level next week. It will be on the stage consolidation or fall before an uptrend up again.

Liuqi1987

Short USDJPY

Liuqi1987

Oil is going downside as described in Jack's oil bearish butterfly patterns. As one of Jack's students, I will consider when to take the profit. Oil might develop a bullish cypher patterns. The entry point or short covering point might be around $41.88. Some news, e.g., Iraq comprises oil output freeze deal might trigger the short squeeze.