JINs_Forex_Pecfect_Pips

JINs_Forex_Pecfect_Pips

anywhere below 130 is a good point to enter long position. do take note that the resistance level of each i've drawn are strong hence it is a swing buy

JINs_Forex_Pecfect_Pips

buy for the long swing

JINs_Forex_Pecfect_Pips

1492 is the support level and it touched there in the first trading session, expecting a rebound up to 1520 level could happen in today or tomorrow. There should be the last chance to get a big short the gold all the way down to 1300-1366 level.

JINs_Forex_Pecfect_Pips

For a very long term of view, maybe end of 2019 till early of 2020, we shall see a bull in oil. Technically wise, 5th time of touching the trend line is almost final decision of a big movement: whether up or down. From the recent movement of oil, it rejected lower low, seems like people already used to bad news on oil. Not much effect on oil price as compared to...

JINs_Forex_Pecfect_Pips Updated 

after a few days of set up, gold found its latest main support at 1525, hence shoot up to 1550 but unable to sustain and thus hanging in the middle of 1540-1550 for about 8 hours of trading hours. 1545 is now became the major resistance for the bullish continuation. A great short opportunity comes along when it is unable to break 1545 in the next 4H candle....

JINs_Forex_Pecfect_Pips Updated 

market rejected its lower movement at 52.2 level, and higher lows appeared in hourly charts. this indicating the buyer are willing to buy it even its at higher price than previous. thus, a buy for this week is favourble. the target is shown in the chart. however, it is still a bearish trend unless it able to break 60 level. i think it would be hard for oil to...

JINs_Forex_Pecfect_Pips

to confirm a sell, let it drops below 1508 first, then sell when its high. new resistance would be 1526, and nothing can go beyond there in order to confirm its a sell for MOnday and Tuesday. macd, rsi showed over bought Gold is still in big bull trend, this consolidatoin is just the pull back so the idea for this week would be: sell first then buy.

JINs_Forex_Pecfect_Pips Updated 

It took 6 years for gold to build a big W as its based to rocket high. It is very obvious that gold will be a BUY in long term, final target could reach 1800 and above, once it breaches 1485 and 1531 level. However, in the short term, Daily timeframe, it is telling us that gold is overbought, divergence is seen in the MACD and RSI, we shall see it falls to 1422,...

JINs_Forex_Pecfect_Pips

Based on the Macd and RSI, and the shooting star, both telling us a story: the US Dollar is going against the trend, called divergence. the latest price of the week fall at 98.1, which is the price same as May 2019. This may hinting us that the greenback is unable to break its highs hence fall back to the price of few months ago. Buying power is fading,...

JINs_Forex_Pecfect_Pips Updated 

overall, it is a buy bias, 1385, 1400, 1411, 1437 are the major levels of support and resistance if the price go anywhere nearby these areas, then it is a signal to buy or sell. from this chart, we know that it is a buy bias. expecting it to breach the minor resistance which is 1426 then go upwards to 1437. however, the bull momentum will lose if it breaks 1411...

JINs_Forex_Pecfect_Pips

it's going to be a BULL in a long term wise, as long as it sustain the crucial support level 64.65 according to OANDA chart. Note: Do bear in mind that different broker offer different prices due to spread differences. Follow me on: telegram JIn's trading perfect pips