Aqeem_Wong_FX

Aqeem_Wong_FX

Yellow box is turning point for USoil to go for sell set up... Wave 5 can be completed or vice versa (gap still not covered).. bigger picture USoil is going for wave 2 (correction).. Get ready for sell set up...

Aqeem_Wong_FX

Wave 4 already completed..go for long set up for the last wave 5... Red line (SL-stop loss) is invalidation for long set up..

Aqeem_Wong_FX

GJ there are two probability... if wave c is complete go for buy set up... if price break previous lower low...that mean wave C not complete ..wait for swing long at support line (Black Line) The bigger direction for GJ is rally...

Aqeem_Wong_FX

Blue line is invalidation...if price does not break that line, go for sell set up before swing long in yellow box bellow...if price break that line...go for swing long.

Aqeem_Wong_FX

Purple box is a turning point for dxy...Good for swing long

Aqeem_Wong_FX

Wave 5 of Wave c has been completed...

Aqeem_Wong_FX

TP at yellow box...One leg push down before rally up...

Aqeem_Wong_FX

New EW analysis show extended 3rd wave happen... Wave 5 tend to have same size as Wave 1 or less (blue box).. Blue box is a good area to go short (trade at your own risk)

Aqeem_Wong_FX

Short set up if price reject area FE 1.236.

Aqeem_Wong_FX

Set up for swing long is in the blue box (area FE 1.618)

Aqeem_Wong_FX

Go for short set up when the price reach the orange box

Aqeem_Wong_FX

Go long until price reach to the orange box then price might be go for a correction then can go for short set up for this pair

Aqeem_Wong_FX

Just a simple point of view my poor EW...

Aqeem_Wong_FX

Last weekly candle was marubozu open, price has momentum to go rally, but price was ranging between supply and demand zone.

Aqeem_Wong_FX

Last weekly candle was not close under trend line and SR Zone (Support Resistant Zone) plus SEN (Shadow Engulfing) the SR Zone , indicate that price will go rally and need to break upper SR Zone until price reach to supply zone.

Aqeem_Wong_FX

Weekly CS was bearish engulfing, indicate price might be go downside to the demand zone. If price reject that area (demand zone), rally wave will take place until to the supply zone but there are two SR Zone (Support Resistant Zone) need to break.

Aqeem_Wong_FX

USOIL will be rally if price break SR Zone (yellow). Price can drop to last demand area (20 - 17.5) due to three black crows are formed.