rayshen0411

rayshen0411

As I mentioned a weeks ago, gold may has a potential up and focus on E points Now holding 700 pips running and final target 2060 to 2090 will hit soon Looking at a retracement at demand zone + fvg , around 2005 level, and need to check some confirmaion.

rayshen0411

As I mentioned last week, focus on E point, it may formed wave 5 and shoot up Today, the price has a H4 liquidity sweep, then hit the POI. At the POI, the price has a good interaction with POI Let's look M15 chart, when price hit the POI after sellside liquidity sweep it has a smart money reversal after hit the POI, it has a very good risk and reward to place a...

rayshen0411

We hold this trade almost a week, and catch 1100 pips! at this moment, oil expect move a little down then keep to go up but at this moment, the candle is not closed yet at the daily timeframe once the candle is closed above the falling wedge, it may toward to 90 level Let's be patient and wait the price retrace.

rayshen0411

USOIL may formed falling wedge at daily timeframe If the price breaks the falling wedge, expect to has a pullback then move up to the expected target arround 90 level We need to focus on the top of wedge and observe how the price working. It's a very long trades, hope you guys catch and enjoy profit and have a nice weekend.

rayshen0411

Last week, we place a trade from the bottom after price breakout the falling wedge and move invalidation level to wave 1 high now, expect the price move toward to 99.4 level, then have a small pullback to complete wave 4, then shoot up to complete the wave C Hope you guys catch this BIG move as...

rayshen0411

From the H4 chart, it may formed subwave 3-3-3-3-3 of digonal at wave 4 Looking at M15 time frame, it has a upper trend, the chart tell us, gold will shooting up soon. Focus on D and E points. We can place a trade at the OB zone around 1962...

rayshen0411 Updated 

USOIL is showing us a really nice ending diagonal , consisting of 5 waves subdivided into 3-3-3-3-3. We can see that we are now in the wave A, and has a good entry at the pullback after the price break the downtrend So we can suppose that wave B is running. Goodluck and as always, trade safe!

rayshen0411

Look at the bearish trendline , Moving Average is moving to the top point of bearish trendling and Stochastic Oscillator may has a cross down at the bearish trendline of the top Elliott tell us we are in the Wave C, then we divide into 5 subwave Watch for price to move up a little more at the sell zone, then we catch wave 3

rayshen0411 Updated 

We're in the wave 4 at 4H TF, usually it may has a corrective wave We have 2 targets to take a look FVG zone, I've marked the price at the chart Demand zone , I've marked the price at the chart If the price has a reversal at the FVG zone, it may has a running flat corrective wave If the price has a reversal at the demand zone , it may has a flat corrective...

rayshen0411

Rule is rule • Impulse wave subdivide into 5 waves. In the chart, the impulse move is subdivided as (1), (2), (3), (4), (5) in minor degree Wave 1, 3, and 5 subdivision are impulse. The subdivision in this case is 1, 2, 3, 4, and 5 in minute degree. • Wave 2 can’t retrace more than the beginning of wave 1 • Wave 3 can not be the shortest wave of the three...

rayshen0411

Before FED, we find an opportunity at the demand zone, and below is how we enter at this level and catch around 400 pips successfully. Now we are looking at the supply zone to see if there is another opportunity for us. Note : Do not place a trade at the supply zone, we need to have a deep analysis in the supply zone. Expect to have like this movement, then...

rayshen0411

Gold just sweeps the weekly liqudity 2001 level, then have a fall down As you can see the price didn't defense the support at 1966 level, so it becomes a resistance What does it mean? If the price breaks the neckline, it may continue to move down, first level is 1840, then 1825. Hope you guys catch the pips!

rayshen0411 Updated 

As we can see the Gold may formed consolidation in the 2 weeks time frame From a technical analysis, gold is looking very good and towards to 2000 level Big buyers are hold positions in the 1620 zone, and grab out the 1680 liquidity of small buyers There is an inner line to point out the 2000 level and main line to point out the 2071 level. Expect the big...

rayshen0411 Updated 

The price forms a consolidation after the triangle breakout. That is, the pattern is testing resistance breakout. If the bulls hold the price above the triangle, we will see growth. The trend is upward, the metal is under the influence of positive fundamental futures, and therefore the market goes to 1953 for a strong retest of resistance.

rayshen0411 Updated 

As you can see, leading diagonal of wave 1 or A was formed, I suppose that is wave 1, and a few days later, will complete the wave 2 We expect to catch big movement of wave 3! For the higher time frame, just see the liquidity was taken, then pullback to the FVG zone Let's see more clear in the lower time frame to find a trade opportunity Look at the FVG zone, I...

rayshen0411

As you can see, gold is at the high price level and I expect to has a correction to form wave 4 Let's wait for the correction wave completed, then catch wave 5. Let's talks about FED not raising interest rates (or raising it lower than expected) due to the collapse of the banks recently. This is why we're looking for the reversal during FED where we're expecting...

rayshen0411

US30 was really rejected at the key level for D1? At that moment, it looks like yes and may complete the wave C, let's see the green arrow how it goes to. For intra day trading, how I catch 380 pips! Let's look at lower timeframe to find a trade opportunity I entered at the price move up after forming market structure shift, then pullback when the price hit...

rayshen0411

Yesterday, we plan to sell here, see the chart, and now we have running 200 pips now. EURUSD may have expanding flat correction, then go up