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Expecting some braking at around 27430 to 27200 level. Prior to that, a slight pullback to ellipse area before gushing down to 27430 to 27200. Let's see what happens in that price region (consolidation /accumulation?) then zoom another leg to 26940 region as a false break? Let's monitor...

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Entry, exit and R:R shown in chart. Hopefully will get triggered in. 2 trades will be taken and then managed accordingly. Good luck!

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If today's Daily candle can close bearish ( strongly ), We may well see a retracement to 28550 at Fib38.2. The past 4 weeks have seen frenzied buying and many have hopped onto the momentous band-wagon. Quite a good time to buy back some of the liquidity at lower levels(best if prices drop fast and weak holders cut losses). So, if the market is not so bullish...

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Let's see if the recent downward move has got fuel for another leg. Already in some longs, but feeling a little off after some analysis. Will keep current longs but will be hunting at 23600 if it does go there.

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Moving according to plan from Sept 13. Ready to short using your own entry method. Link to previous plan below at 'Related Ideas'.

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We are currently in the 1st ellipse pointed out about 2 weeks ago (link to that post below). We can see lots of buying coming in at the bottom of the range, however we also see the overall immense pressure of selling at various points of this range as well. Prices has only retraced till Fib23.6 of the current down leg which indicates there's a further move down...

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Trade idea as shown in chart.

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Yesterday's close showed some signs of bullishness. Inverse H&S, Higher Lows and possibly be wave 4 of EW throughout Eur and US sessions. Still in a Long at market start but shifted SL to 25%TP currently. Hopefully it has at least 1 more leg to go to touch the extrapolated ascending neckline of the H&S before turning back. If it gets past previous highs, will...

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The chart above is how I plan to trade HSI in the coming weeks. I'm expecting some ranging to go on. At times, it'll look like a break-up/break-down only to pullback and close below/above a critical price area (resistance/support). If you are late to the move, don't chase it! You can try to wait at to enter a trade using your own method of entry at the 4 ellipses....

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Short term trade Buy limit, TP and SL in chart. Good luck!

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Got requests for forex pairs for quick trades. Entry, SL and TP all in chart. Good luck!

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Entry (about now), TP, SL in chart. Support and resistance trade.

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How to quick trade this? If there is an opportunity during the US session, Stay on the SHORT side if prices move above 25100. TP1 at bottom purple line. If there's a breakout from the channel TP2 at 24600. SL slightly above the yellow channel (1st candle). ** Do not mistake, this is a separate, shorter term analysis. Previous post's trade is still running...

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This week could see a drop to the lower channel support buffer zone (purple lines) to test if there would still be interest in the mkt for this up move. Do remember that this seems to be a corrective move (up) relative to the impulse move (downwards) in March. Furthermore, we are already 5 months into the laboured corrective up move, hence we can see pretty heavy...

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No apologies for those who like clean charts *winks*... I have a bad memory; I need visual reminders in the form of lines, rectangles and ellipses among others. Fib78.6 retracement resistance of previous impulse wave down has been tested and rejected weeks ago but so has the Fib50 support recently. This week's value at Fib 61.8 is rather crucial as to whether I...

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Probably slightly higher for a 'hunt come trap' move. Refer to previous post in link.

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Recent weeks' sell down looks constant but laboured. Soft rejection off a trendline in confluence with short term Daily chart 'after' wave E (ie Buy) and also in confluence with a higher Timeframe chart wave D (ie Buy). However Selling momentum seems relatively persistent. Projecting the end of this buy cycle to be in the box in the above chart. If it happens,...

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prnt.sc Last post saw prices negating 'the 5th wave' with a strong rally. Thus, we can only attribute it to a series of impulses and corrective waves of Wave 4. A further updated post mentioned prices taking us up (in this case and currently, pin point to the Fib61.8 of wave 3 as can be seen in the chart). As the gap between Fib61.8 and Fib78.6 is rather...