douglasswg

douglasswg

- In the longer term, I am still bearish for USD - Weekly chart possible fractals - 3 Months chart we are seeing another possible leg down - Using Fibs Body to Body drawing, 90.8$ and 88.97$ will be the next landing zone (previous low)

douglasswg Updated 

- Good buy after recent high pullback at 47$ - Executing a good 2.6 RR buy targeting 53$ ; SL 42$ and below - Current support based on previous congested zone - Using wick to body, Fibs retracement 38.2% level is at 53% - First resistance to retest EMA100 @ H6 chart

douglasswg Updated 

- Wave 2 retracement done @ 61.8% based on previous impulse wave - Potential short term BUY TP at 27$ zone, with SL 21.30$ - Previous resistance flip support -

douglasswg Updated 

- 0.76$ peak on Aug 14 has lead to a deep correction in term of price - 38-days of bearish trend should end soon - 0.30$ should act as a psychology support - BUY at CMP with RR 1:3.08, TP at 0.43$ zone, SL: Anything below 0.25$ - Mid to long term trade, good to hold spot/margin - Futures trader trade with care Bonus: - Recent bull-run created a higher high, next...

douglasswg Updated 

Points: - Triangle Pattern for 38-Days+ - Measurement about 1400pips ; breakout upside 2100$ or downside 1810$ - ATR drop to July low (2-months) - Perfect ABCDE Pattern

douglasswg Updated 

- Buying BTCUSD here at 10,850$ - TP 11,700-12,000$ zone - SL anything below 11,600$ - RR 1:2.58 Strategy used: - H4 chart PA reading, MA lines reading, S&R price levels, Fibs confluence, Historical price reference, TL

douglasswg

#EURUSD weekly chart, price congestion on the red circle ; price might replicate the 2017 historical movement heading towards 1.2550 zone, nearest resistance we must break 1.2000 first.

douglasswg Updated 

Based on our analysis: - Elliot Wave ending - starting ABC corrective wave - Resistance Zone hit (red zone) - Fibs level target downside back to 38.2/61.8% - RR - PA exhaust (upside limited) - Testing Chart (For course reference only) - We will come back next week to check 24 May 2020

douglasswg

*20-Apr Analysis Game Question:* - Will #USCrudeOil able to hit 12.00$ Low by next Friday open, 1 May 2020 @ 5am? 🤔 - Answer Choice: (A) Yes, (B) No Please fillup your name below to participate. *Team A* - Yes, it will hit 📈 1.) 2.)... *Team B* - No, it will not hit 📉 1.) 2.)... - If price hit before the dateline, Team A win directly or else Dateline will be...

douglasswg Updated 

6-Apr Analysis Game Question: - Will #Bitcoin able to hit 7,800$ HIGH by next Monday open, 13 April 2020 @ 5am? 🤔 - Answer Choice: (A) Yes, (B) No Please fillup your name below to participate. Team A - Yes, it will hit 📈 1.) 2.)... Team B - No, it will not hit 📉 1.) 2.)... - If price hit before the dateline, Team A win directly or else Dateline will be 13/4 -...

douglasswg Updated 

24-March Analysis Game Question: - Will #DowJones index able to hit 16,000 LOW by next Friday closing, 4 April 2020?🤔 - Answer Choice: (A) Yes, (B) No Please fillup your name below to participate. Team A - Yes, it will hit 📈 1.) 2.)... Team B - No, it will not hit 📉 1.) 2.)... *If price hit before the dateline, Team A win directly or else Dateline will be 4/4 -...

douglasswg Updated 

11-March Analysis Game Question: - Will #Gold price able to hit 1,700$ AGAIN by next Monday opening, 16 March 2020?🤔 - Answer Choice: (A) Yes, (B) No Please fillup your name below to participate. Team A - Yes, it will hit 📈 1.) 2.)... Team B - No, it will not hit 📉 1.) 2.)... *If price hit before the dateline, Team A win directly or else Dateline will be 16/3...

douglasswg Updated 

- Will #Bitcoin (BTC/USD) price able to hit 10,500$ before the end of this trading week? 🤔 - Answer Choice: (A) Yes, (B) No ; fillup by 7PM Wednesday @ 19-Feb Please fillup your name below to participate. Team A - Yes, BTCUSD will hit📈 1.) 2.)... Team B - No, BTCUSD will not hit📉 1.) 2.)... • If price hit before the dateline, Team A win directly or else we...

douglasswg

USDCHF 4-hourly chart bull is exhausting, bear is taking over with the recent bearish engulfing formation. A potential SHORT can be executed with reasonable risk reward ratio. Reason : - 4 hourly chart, critical res at 0.982x area. - Possible downside target to 50% fibs level @ 0.963x area - Awaiting channel break. - Reasonable risk reward to short. -...

douglasswg Updated 

#Gold, it is creating lower low + July long term TL has broken. 1280 area is a critical level, a break of that will definitely back to 1272 low. Long term wise, I am still upside for this pair, beyond 1357 high. Current market spotted possible elliot wave forming. Currently price is retesting the previous TL, becareful.

douglasswg Updated 

GBPUSD 4-hourly chart bull is exhausting, bear is taking over. A potential SHORT can be executed with reasonable risk reward ratio. Reason : - 4 hourly chart, critical res at 1.3570 area. - Price rejection at fibs level, - Possible downside target to 38.2% fibs level @ 1.33 area. - Reasonable risk reward to short. - Potential to reach next supp points :...

douglasswg Updated 

EURUSD 4-hourly chart bull is exhausting, bear is taking over. A potential SHORT can be executed with reasonable risk reward ratio. Reason : - 4 hourly chart, critical res at 1.1960. - Price rejection at fibs level, - Possible upside target to -27.2% fibs level @ 1.20 area. - Simple textbook price action in play. - Reasonable risk reward to long. -...

douglasswg Updated 

USDCAD, Elliot Wave theory in play. Last motive wave to point 5. I am bearish on this pair, with the target to 1.25 area Reason : - Price retest and rejection on fib level 50% . - Lower low formed on overall trend on 4-hourly chart. - EMA line above, creating a dynamic resistance above - Potential to reach next support points : Short at CMP or 1.2600 area; TP...