MACD shows a solid down trend and the ADX also indicates strong short powers coming. DO NOT try to set any buy orders before the market shows a reversal.
BTCUSD: Entering Supply Zone + Neckline to short Reversal signal detected. An opportunity to try short orders. Good luck trading.
GBPJPY: Touching an important supply zone for short Wait for a reversal signal before short. Good luck trading.
WTI: Entering a supply zone, time to put short orders. Tried three times but couldn't break the supply zone. Time to try a short order. Good luck trading.
GBPUSD: Set a bull trap inside the Supply Zone Awaiting a retest to the supply zone before putting any short orders. Good luck trading.
USDCAD: Awaiting a resest to the neckline and heading up Need to be patient before putting any long orders, a retest to the neckline and reversal signals are preferred.
Hitting a demand zone but no reversal signals detected yet. Be patient to set any long orders.
Wave B or Wave 4 in progress. There is no good opportunity to trade yet. Be patient. Good luck trading!
EURUSD: Reversal signal inside the supply zone to short Good luck trading.
1. There will be anothere wave down to the demand zone. 2. Bounce to the supply zone to se a short order, then: 3. Await the reversal signals inside the demand zone to set a long order. Good luck!
NZDUSD: closing to neckline, awaiting an opportunity for short. Tools: Supply Zone Bull Trap Chart Patterns Demand Zone
GBPCAD: Two potential short patterns. Tools: 1. Supply zones above + Bull Trap 2. Potential HHLL patterns
This pair seems now breaking two supports with solid bear candle. And we're expecting USOIL to go up. So in a long term, I think this pair may keep dropping and that's the direction. But be patient with the entry level, awaiting a bouncing up to short term resistance would be a good opportunity to short.
How we expected last drop by wave counting: Previous analysis: And now we need to follow the major trend, but better wait for a retest to validate the support. TIPS: 1. ABOUT PRINCIPLES: TREND/direction > POSITION/level > PATTTERN/signal 2. ABOUT PATIENCE: TRADE LIKE A DROID WHEN THE MARKET IS CLEAR TO YOU, AND LIKE A SNIPER WHEN NOT 3. PLEASE ALSO REFER TO...
Last time, ee expected profits of 50dollars, but the market dropped 150dollars at most, which is way much more than we expected. However, we can ONLY earn the profits within our knowledge and capability, dont be greedy. Previous analysis: By current pattern/waves, we have reasons to expect another big move coming. And now we need to be patient with the...
Where, when and how to set this buy orders is really up to different traders. All I can suggest now is the "direction" plus two conservative retracement levels, where I'm planning to pull the trigger. Haven't seen any signals yet, be patient and see how it goes tonight. TIPS: 1. ABOUT PRINCIPLES: TREND/direction > POSITION/level > PATTTERN/signal 2. ABOUT...
As we expected yesterday, the "jump then fall" expectation was validated by retesting 1950. Now protect your profits and let "wave C" play its role. TIPS: 1. ABOUT PRINCIPLES: TREND/direction > POSITION/level > PATTTERN/signal 2. ABOUT PATIENCE: TRADE LIKE A DROID WHEN THE MARKET IS CLEAR TO YOU, AND LIKE A SNIPER WHEN NOT 3. PLEASE ALSO REFER TO MY FORMER...
We see an instant rising from last analysis, and same as XAUUSD, we have reasons to expect an appropriate retracement before next move. Protect your profits first. TIPS: 1. ABOUT PRINCIPLES: TREND/direction > POSITION/level > PATTTERN/signal 2. ABOUT PATIENCE: TRADE LIKE A DROID WHEN THE MARKET IS CLEAR TO YOU, AND LIKE A SNIPER WHEN NOT 3. PLEASE ALSO REFER TO...