davidleaw

davidleaw

1) Ascending Triangle Breakout 2) Resistance Turn Support 3) High Probability LONG Trade 4) Good Risk Reward 5) Above 200 MA = Uptrend

davidleaw Updated 

Ascending Triangle Breakout in daily and 5 min chart

davidleaw

Bull run might stop this month for a major corrections before bounce and crash after...

davidleaw

Thoughts as follows; 1) FA - USD continues to be strong... EUR weak with EU problems 2) Below 200 MA + downtrend for daily + weekly downtrend + rising wedge x 2 times = more reason to short

davidleaw

First Trade Double Top Rejection.... Taken Profit Now is PB for 2nd Short... Waiting for this PB... Better risk reward.

davidleaw

Good risk reward under 200 MA and 20 MA as dynamic support

davidleaw

10 MA and 30 MA crossover for weekly and daily chart China and US trade war tit for tat will add panic to the Asia Market, especially China & Hongkong