XinChen

XinChen

Identified a potential triple bottoms. Great reward/risk ratio if you go long here and watch price action when it research 0.618 level. I'd short around 0.618 if I find a good bear candle. Be careful since it's 15 minutes chart.

XinChen

Potential support zone for Audusd within the triangle area.

XinChen

Simple 0.618 Trade.

XinChen

Simple short idea. Very good risk/reward ratio.

XinChen Updated 

If USDJPY falls to the 100.50 zone and doesn't make new lows, I would open long position. Yes, it's still in the triangle area which means the market doesn't have a clear trend. But it would be in the support areas. Price found strong supports around 100.50s twice recently. Good reward/risk ratio if you open a long position when the price becomes stable in the...

XinChen Updated 

GBPUSD is dropping to potential support zone. We can identify two previous supportive bottoms after the Brexit from the chart. I don't mind open a small long position now around 1.29839. Watch close to the price action and stop loss is below prior low. The first price target is around 1.33204.

XinChen Updated 

Potential Head & Shoulder pattern. Could open short position around 1.3206. Stop loss above 1.3254. First Target 1.29859. Second Target 1.28243

XinChen

AB=CD, Very close to to the resistant zone. Short around 0.7716. Stop above prior high around 0.78714. Target at 0.618 around 0.7207. Great reward/risk ratio.

XinChen

On hour chart, bearish candle. Three attempts to break the resistance level but failed.Short USD/CAD is it breaks the trend line. Stop is easy, just a little above prior high.