LouisYingTrading

LouisYingTrading Updated 

Commodities: WTI Frequency: Daily/Weekly Predicted Direction: Long (Long-term) Ending Diagonal Triangles from Jun 2015 is nearly finished, which belongs to the downside impulse wave (5) of the cycle corrective wave "b" from July 2008. The Diagonal Triangle comprised the 5- inner wave with the ABC pattern as a contracting wedge and it seems the ending sequence is...

LouisYingTrading Updated 

Currency Pair: AUDNZD Frequency: Daily Predicted Direction: Long AUDNZD has nearly completed the double three pattern and waiting for more signal to confirm the price going up. A first corrective wave in 2015 has tested the higher level of 1.68 but it dropped immediately and the price has been trading below 1.133 in a whole year. The transition wave in 2016 has...

LouisYingTrading Updated 

Commodities: Silver (US/OZ) Frequency: Daily/Weekly Predicted Direction: Long (Long-term) Silver has completed a 5-wave bullish cycle (13 years) before Apri 2011 and then it has been followed by a corrective abc wave. The corrective cycle wave "a" find support on 78.6 Fib level in 2016 and surged to the highest of the year to 61.8% Fib, showing that the bearish...

LouisYingTrading Updated 

Currency Pair: GBPUSD Frequency: Daily/Weekly Predicted Direction: Short GBPUSD is nearly finished its corrective Wave 4 and 1.35016 - 1.33623 become the next significant level of resistance. If the resistance zone doesn't break, the Price may continue its bearish momentum to the target 1.11/10 [/ima

LouisYingTrading Updated 

Currency Pair: EURCHF 0.22% Frequency: Daily Predicted Direction: Long EUR/CHF 0.22% completed the daily impulse wave 3. The price earlier broke the round resistance level of 1.15 and tested for 1.15118 the 78.6% resistance Fib level from 2015, showing the upward bias on this currency pair. The price is correctly trading on consolidation below 1.15 and will...

LouisYingTrading Updated 

Currency: EURGBP Frequency: Daily Correction Set Up

LouisYingTrading Updated 

Currency Pair: EURUSD Frequency: Daily Predicted Direction: Long EURUSD has been followed the Bullish momentum this year. Technically speaking, we can see that 38.2% Fibonacci is a critical turning level for EURUSD after May. It is expected the price will fall back to the first or second 38.2% Fib level (1. 1.16921 or 2. 1.16107) and then up to at least 1.20 level.

LouisYingTrading Updated 

Currency Pair: EURUSD Frequency: Daily Predicted Direction: Short (Corrective Wave 4) EURUSD is most likely completed the impulse wave 3 on the resistance level of 1.207/209. The price had a strong retracement after hitting the target above 1.20 the round psychological level. After completing the wave 3, EURUSD will soon to have a corrective wave 4 towards to...

LouisYingTrading

Here is the table for the major currency comparision on different time periods. www.dropbox.com Long Opportunity: (1) EURGBP, (2) EURUSD, (3) EURCHF Short Opportunity: (1)GBPJPY, (2) GBPCAD, (3) USDJPY or NZDUSD Trading the EUR/GBP and EURUSD giving the strong performance both on daily and weekly basis and we see that from the table all the EUR pairs did...

LouisYingTrading

Commodities Pair: Silver Frequency: Daily Predicted Direction: (1) Long - Break the Descending Channel (White & Red channel) Gold and Silver trade higher on the weakness of Dollar. DXY will remain the lower level on the rest of 2017 given that the concerns over U.S. political risks. Increasing risk aversion for investeros due to the geopolitical tension...

LouisYingTrading Updated 

Currency Pair: GBPUSD Frequency: 4H Predicted Direction: Long 1. Bullish Anti Gartley Enter = 1.29618 Stop Loss = 1.29323 Target = 1.31307 2. Bullish Alternative Shark Enter = 1.28460 Stop Loss = 1.27768 Target = 1.30698

LouisYingTrading

Currency Pair: USDJPY Frequency: Daily Predicted Direction: Short Daily Doji was formed on last Friday, giving the signal for a bullish reversal. However, after considering the fundamental perspectives from the geopolitical unstable between North Korean and US, JPY as a safe heaven is expected to rise further after the correction. In addition, the slightly...

LouisYingTrading

Currency Pair: NZDCAD Frequency: 4H Predicted Direction: Long (Short-term) Enter = 0.93157 Stop Loss = 0.93071 Target 1 = 0.93956 Target 2 = 0.93712

LouisYingTrading

Currency Pair: USDSEK Frequency: 1D Predicted Direction: Long 1. Bullish BAT Pattern Enter = 8.06816 Stop Loss = 7.87160 Target 1 = 8.71783 Target 2 = 9.12822 2. Bullish SHARK Pattern Enter = 6.83181 Stop Loss = 6.33295 Target = 8.37912

LouisYingTrading

Currency Pair: EURJPY Frequency: 4H Predicted Direction: Long 1. Confirmed by the Bullish Gartley pattern 2. Fake break out on the ascending triangles (upside) and we can see that there is a throwback to the lower ascending support line. Enter = 130.168 Stop Loss = 129.832 Target 1 = 130.747 Target 2 = 131.396

LouisYingTrading

Currency Pair: USDJPY Frequency: 4H Predicted Direction: Long USDJPY is trading in an ascending triangle on 4H timeframe. Waiting for a correction to enter a long position.

LouisYingTrading

Currency Pair: AUDCAD Frequency: 4H Predicted Direction: 1. Long Possibility: Formed a bullish ascending triangle and it broke the downtrend lines (white). Once the price surged up above the resistance then the pattern is confirmed. Enter = 1.00472 Stop Loss = 0.99874 Target 1 = 1.01278 Target 2 = 1.01289 2. Short Possibility: If the support of the lower...

LouisYingTrading Updated 

Currency Pair: EURGBP Frequency: 1H Predicted Direction: Long Enter = 0.89307 Stop Loss = 0.88885 Target 1 = 0.89958 Target 2 = 0.90450