ChinaHelloWorld

ChinaHelloWorld

The price is running inside a short term down trend channel and retracting after touched the down trend channel bottom channel line. Looking for short AUD/CHF again if the price could touch the down trend channel top line area

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There is a shooting star generated in GBP/JPY 4 hours time frame, price is clossing to the up trend support line. It has touched the previous top as pressure line and retracted back under the pressure line. The Slow Stoch break down the up trend line to south. Try to short and looking for profit posistion on 189.71 Set the stop above the shooting star top.

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The price would break down the previous low and the short term targe position could be the 50% retraction.

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The price break out previous high, there could be Cypher pattern CD leg generating. target multiple level prices.

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There is a big side way channel in long term and the price could be possible continue to south until touch the channel bottom line area. Try to set long order trade near Jun 18

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The price has break out from the middle term up trend channel and current is running inside a middle term down trend channel. The price retracted back to the previous support line which current work as pressure line. It couched the down Guppy EMA which could be pressure area. If it like to perform a correct ABCDE Elliott wave, it has to continue moving down to...

ChinaHelloWorld

The price looks has completed the fifth wave in a long term up trend channel, and currently it is moving inside a short term down trend channel, and the current position is retracted back to the the down trend channel top line area, but it is still under the previous top (the fifth wave top). RSI looks in a divergency in 8 hours time frame, and current under and...

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In daily time frame, today possible will generate a shooting star (not completed yet). The price is closing to a long term up trend support line MACD in 8 hours time fame has divergency. MACD retraced and touched pressure line and 0 level line. Slow Stoch in 8 hours time frame is in over bought level and crossed. Guppy in 8 hours time frame is contraction....

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The price touched side way channel bottom line area, it is 50% retraction. RSI is in divergency. Stoch RSI is in over sold and possible will have golden cross soon in 4 hours time frame. In a bigger time frame (daily), the current price could be a retraction back to previous important support line. Try to trade long.

ChinaHelloWorld

The price moved out from a up trend channel, retracted and going south again and current supported by a strong support line. Stoch RSI and Slow Stoch are both in over sold level and the price maybe will retract to North again (or not). Current is not a good position neither for long (already moved out from up trend channel) or short (Indicator are in over sold...

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The price is moving inside a short term down trend channel and retracted back to previous support line and now working as pressure line. The SlowStoch is in over bought level and crossed in 16 hours time frame. RSI is in 50 level and turned to south. Try to short and target is the down trend channel bottom line area. It could be the fifth wave to South.

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The price would be possible have a retraction, since a divergency show up long time between the price movement and the RSI in 16 hours time frame. The Slow Stock is in over bought level, the price is near the up trend channel top line area and previous top as pressure line. The price is in fifth wave top area. Try to short the retraction.

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In Daily time frame, the price got supported by a short term channel bottom line. Slow Stoch and RSI both are in a over sold level, crossed and turned to North. The price would turn to North and moving in a big sideway channel. Stop long trade if the price break out the short term channel bottom line area.

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The price moved out from the short term up trend channel bottom line and retracted, now, price is moving out from the short term up trend channel again. It could be the cypher pattern "C" point generated and will start the "CD" leg to South. SlowStoch and RSI are showing divergency in Daily time frame. There could be two take profit positions in previous support lines.

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The price tested the previous top and generated shooting star in 16 hours time frame, SlowStoch and RSI are in over bough level. The price could be continue moving in a big side way channel. There are three possible take profit positions.

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The price retracted back to previous support line which works as pressure line now. It is possible continue moving to South and touch the down trend channel bottom line and previous support line area. SlowStoch is in over bought level and crossed in 16 hours time frame. RSI touched the 50 level and showing turned.

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Previous Long AUD/USD strategy got broken even though RSI, SlowStoch are both in over bought level in daily time frame, so, think another way, it could be a strong dropping. There is one long term down trend channel and the price is moving back and inside the big down trend channel top area, it would still have big dropping room inside this down trend...

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The price is running inside both of a middle term down trend channel and a long term up trend channel. It is in the top area of the down trend channel but in a bottom area of the up trend channel. Current it is the fourth time tries to break out the North in a short term resistant line. If break out this resistant line, it possible will also break out the down...