hanzaihua

hanzaihua Updated 

From the comparison of the different currencies, the EUR and JPY have a wider spread, so we can try a mid term hedging strategy. Short EURUSD, short USDJPY, until the gap narrowed.

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From the long term price movement, GBPUSD now is very close to the downtrend line 1.50, which is also the AB=CD finish point. we can buy here and close at 1.52, reach the up line sell it. ENTRY: 1.50 SL:1.4945 TP:1.52

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USDCAD is close related with USOIL, so the future trend may develop two forms, one is contiune to rise along the uptrend line, if the highest point not break, the other form may become double sholder, pay close attention to watch it.

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As my opinion two days ago, consider about the EURO zone economy, perhaps the EURUSD bulls will need some time to adjust., buy current price maybe a purpose condition, when the pressure of uptrend line reached, sell it and see the red line support. Perhaps in 2016, the euro will be come into spring.

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Now the pirce is very close to the uptrend line support@0.70, i trend to do long at this position, it is also the 0.786 of high and low recently. But we also should pay attention to the breakway, if done, sell and expect more than one hundred pips to 0.68.

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Driven by the US Non-Farm employment data, the uptrend line was broken, so now my opinion about GOLD is bearish. But we also have a oppurtunity ot buy short-term at 1150-1155, and price maybe between the top uptrend line and buttom downtrend line. SL:5 dollers.

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If the uptrend line is not broked, the 43.5 position of the channel support maybe a good opptunity to do long, the long target is 56

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Typing tired ah, look at the picture. Long entry: 1098-1100 SL: 1095 TP1: 1135 TP2: 1155

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The direction of USOIL is not clear, 4H the price is close to uptrend line, from the point of view of RSI under of 50, it is very likely to break the trend line, so we have two strategies. Strategy 1: break the trend like, short it, SL 47, TP 44.5@ the under trend line. Strategy 2: Non breaking trend line, thers is a BAT pattern in day timeframe, TP 57.00

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A bullish AB=CD has been finished. A potential cypher pattern can be expected. RSI over sold; There are indications that US Index and DJ Index have a bearish signal. LONG ENTRY : 1.085-1.074 fifty-fifty. SL : 1.04 TP1 : 1.1115, close a half. TP2 : 1.134 close a half of another half TP3 : 1.15.

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1.Very nice ABC point has already done, potential D@123.322 of 0.618AD. 2.D is alos the strong resistance in last period. 3.Considering today's GDP data, to reach this positon is not impossible. 4.RSI will be overbought; 5.MACD gold cross under o axis. Enrty postion: 123.322 Stop loss @ 124.5+, which I think it is hard to exceed the previous high target:...

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We can long EURUSD at 1.08630, the conditions as follows: 1.Gartly pattern is still valid. 2.Potential AB=CD. 3.A structure of 27th-28th May. 4.RSI over sold. 5.MACD 4H deviation. 6.Downtrend line support. Stop loss 1.078000, Target see 0.382AD@1.11866, 0.618AD@1.13876.

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In day timeframe, USOIL may go to 42. 1. A BAT pattern, C point is 0.618+ AB. 2.AB=CD. 3.Strong structure @42, see left. 4.A cross of downtrend line and horizon 1st target 0.382 of AB @ 47.2 stop loss is 40

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1.a cypher finished. 2.D is the 0.886 of XC. 3.RSI over buy. 4.15M broken the SMA50, the EMA5,EMA20 formed dead crossing,.

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If you have short trade, put stop loss at 0.73, three targets: 0.72123 0.71780 0.71596 See detail on the chart

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see detail description on the chart.

hanzaihua

if the gartly confirm, short gold now! we can see the rsi, resistence structure. 1st 1137-1139.

hanzaihua

the C point of cypher in D level was confirmed. the uptrend channel of 1H level was breakway.