kwonyoo

kwonyoo

It has already broken and retested and is on the way to next supply zones. I would watch until entering UC trades. It might make double top and fall or break the zone, and retest for another long run.

kwonyoo

GU has broken below the bullish flag showing lots of bearish momentum. Expecting to break and enter at retest to next support zone.

kwonyoo

We have made new LH and LL with new LH respecting 50% fib level. Scenario 1. With double bottom, wait for bullish candle pattern to go long. Scenario 2. If it breaks the zone, wait for retest and go short. My Bias is currently bearish for EU

kwonyoo

AU has been bearish for a month now after breaking from consolidation. We had chance to short from breakout of rising wedge and another breakout of H&S. Expecting for correction to 61.8 area to take another short.

kwonyoo

As NZD has been getting weaker due to Prime Minister has been identified with Covid, and have broken the zone below with retest, we can expect shorting to next zone.

kwonyoo

After long days of consolidation of back and forth , it finally broke out the zone bullish . After H&S on May, BTC came down to 30k which was more than 50% of ATH . It perfectly respected 61.8 fib zone which is also called the golden zone. As you can see the fib level of my final tp is at 99462.32 Many of you must've seen posts BTC will hit $100k eventually and...

kwonyoo

Let's Keep it simple. Bull flag breakout and retested on daily. Next week move?

kwonyoo

As we all know, AU EU GU NU correlates somewhat and UC UCHF UJ goes opposite with it. My thoughts on AU EU GU NU are still bearish and as you can see from USDCAD daily chart, we are still in an uptrend expecting to break the resistance and go higher to retest the untested supply zone.

kwonyoo

We are currently in bearish channel and haven't breakout yet. It reached top of the channel on Friday and failed to breakout. Expecting 2 scenarios on market open. 1. Hanging man candle closure and fall to below of channel. 2. Breakout and retest to shift momentum to bullish. My thoughts are more to scenario 1. What are your thoughts?

kwonyoo

AU really loves chart patterns. As you can see, every time it tries to breakout of downtrend, it creates rising wedge and just falls more. Currently, it created another rising wedge with h&s and broke out below creating inverse h&s to retest the rising wedge below trendline and I am expecting another h&s that will fall once again and create double bottom or...

kwonyoo

On daily chart, I see 2 scenarios. 1. Bullish continuation and breakout of structure to create new HH and fill the imbalance zone 2. We are still creating LH LL and might get rejection from resistance area and create new LH and continue bearish as second bottom hasn't gone below first bottom, there is still a chance to go lower. My thoughts are more to 2nd...

kwonyoo

AU has been going uptrend and created H&S and broke uptrend. Wait for retest of trendline to go short to major support zone and go long from the support zone.

kwonyoo

EA has been completely reversed from bearish to bullish from Double Bottom on March and breaking out of pennant to uptrend. After the consolidation period, it broke out bullish again and have tested resistance area. Expecting to come retest the support area and go back to resistance for 2nd time and come down to create inverse H&S and break the resistance at 3rd...

kwonyoo

Currently, the EU is in a downtrend channel. Fib is from Daily and as you can see wick was rejected from 78.6 and the body has closed below 50 and failed to break out and go bullish. Have been in consolidation on Thursday to market close. Expecting to gap up and go bearish. Please only trade if you agree with the analysis. Good Luck!

kwonyoo

Fib is on Daily and still in downtrend. Made Triple top at 61.8 level and showed bearish momentum breaking previous HL and now generated LH. Expecting to fall until 1.34817 area. Take trades only if you agree with the analysis. Good luck!

kwonyoo

Compare my analysis with Wyckoff chart. Enjoy!

kwonyoo

As we have losing bullish momentum and rising wedge forming. I am waiting till it breaks the pattern and retest to enter the trade.

kwonyoo

As Nas is in the Bullish channel for ages, it reached the bottom of the channel creating a double bottom and broke to go up from within the channel. Even with the rising wedge, Nas refuses to fall and stays in the zone for few days. Keeping an eye on it to break the zone and retest to enter for a long to the upside of the channel.