yeungshawn

yeungshawn Pro+

Comparing to Feb. 2018.

yeungshawn Pro+

on hourly chart, there's a higher high and higher low pattern which represents a bullish trend. Long!

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on 4-hour frame, price is a W bottom pattern. the target area is 2707-2722

yeungshawn Pro+

1. it's at the top area of the wide trading range which is between 29.50 and 26.20. 2. in the short term, it is an ascending triangle. Once it breaks through 29.50-29.65, it is a definite Long signal!

yeungshawn Pro+

there may be a little bounce this week. but still in a main bearish trend. the target would be the green support line.

yeungshawn Pro+

1. price surges with a breakout! very bullish! 2. there may be a retracement to test the validation of the support line. Once it's valid, it may go up again!

yeungshawn Pro+

1. it's at a support area . 2. Once it breaks down, the length of the downtrend would be twice of the length of previous uptrend(it's 12.75 points as shown in the chart), so the length might be around 25 points, between 77 and 78.

yeungshawn Pro+

The yellow rectangle is a strong support area. 1. Once it's valid,, price may test the upper resistance line again, but i assume it would fail in high possibility. 2. Once the price punches the area, it will test the red support line again. Considering the former idea i've posted which i attach below, the line might be punched the first time since 15 Jan., and...

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there are two big pin bar on the weekly chart, strong reversal sign! the area above is still possible, profit:risk=1.72:1

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tiny bull trend within a big bull trend. Surge is possible.

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all timeframes still show strong bull trend, without any pullback sign. reward:risk=7:1

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the recent bar really look like those from 19 Apr. to 23 Jul. History repeats.

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the business is booming, the price just had a breakout, on track of a strong bull trend.

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the financial report of Q4 is really brilliant. 19 Jan.'s strong pullback was maybe a profit-taking action. it's still in the bull trend.

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25 Jan is the day publishing the Q4 report, also is the possible point of time when it reaches it resistance line. Whether go up or down, that day counts!

yeungshawn Pro+

1. still in the bull trend, without any big pullback 2. the recent bars look so familiar to those of 16 Nov. to 07 Dec. 3. its pullbacks stop either at the support line or ai the former tops. History repeats. Long!

yeungshawn Pro+

1. CL1! has ended a 9 days' sideway 2. the bull trend began at the end of the sideway, and quite tight! 3. there may be a little and short-term sideway below 54.22, then surge again to punch the dense resistance area (54.22-54.55) so Long CL1!

yeungshawn Pro+

1. Lower highs and lows 2. lower volumes 3. large pin bar at the recent top = gap must be filled. risk:reward=1:4.46