In light of the divergence of the MACD indicator in conjunction with the recent stock brokerage fee adjustments and the Central government's approval of the top dogs to save the day, the USDCNH likely to reverse into the range of 7.2350.
Referring to the China mainland market's reaction to the new stock brokerage fee, according to the previous updated market reaction, the stock index goes up by 9% which affects the HSI to go up at the same time.
Despite the tension, which I eliminated the possibility Russia will invade. I short at 1860 targeting 1843 based on daily bearish order block on Friday Feb 11. No doubt with FED decision on Monday, the market will be volatile, which price may goes either way to 1877 or 1825 in my opinion. Hence price may move downward to 1843 level before pushing higher...
Been studying Wcykoff for years but never bother labeling as the pattern are always different from the textbook. However this seem to be a perfect match, which I took a trade during the pullback on M5 at 87.85 This is for my personal analysis and investment purposes. Neither recommendation nor advice. Happy Trading!
Took a Sell Limit at 0.72098 hit my profit target. Looks like hitting support IMO. Happy Trading! This is purely my personal investment and analysis. Neither recommendation nor advice.
With Double bottom formation and broken the structure, it is a good opportunity to enter 1:5 risk rewards. This is my personal analysis and investment purposes. Neither recommendation nor advice. Trade with care.
Possible QM setup with right shoulder. This is my personal analysis and investment purpose. Neither recommendation nor advice. Trade with care!
Hitting resistance with sell OB, would give it a short especially today with FOMC expecting to be hawkish This is for my personal investment and analysis. Neither recommendation nor advice. Trade with care!
This is for my own personal investment and analysis. Neither recommendation nor advice. Trade at your own risk. Happy Trading!
This is purely my own analysis and investment purposes. Neither recommendation nor advices. Trade at your own risk. Happy Trading
Seems like QM continuation pattern This is for my personal analysis and investment purposes. Neither recommendation nor advice. Happy Trading!
Seeing a QM Continuation pattern This is for my personal analysis and investment purposes. Neither recommendation nor advice. Happy trading!
Another entry with 1:5 risk ratio This is for my personal analysis and investment purposes. Neither recommendation nor advice. Happy Trading and feel free to follow
*This is based on m own analysis and personal investment purposes. Neither recommendation nor advice. Trade at your own risk with the right risk management. Happy Trading!
QM setup in 15 mins with 1:18 risk reward ratio *This is based on m own analysis and personal investment purposes. Neither recommendation nor advice. Trade at your own risk with the right risk management. Happy Trading!
Broke structure, awaiting for retrace back to 41000 level for buy opportunities.
Looking at 61.8 retracement to enter Long but would be more comfortable entering at 1.2493. Would likely place two orders.
Structure broken, awaiting to retrace back to 3050 level.