ShentaTsai

ShentaTsai

EUR has formed a very long and very strong head and shoulder, the right shoulder is almost complete, once rally starts, first stop 1.0975 than 1.0675.

ShentaTsai

EUR is expected to drop lower to the 1.09 withing the next 4 weeks or so, and eventually drop down to 0.98 as trend shows.

ShentaTsai Updated 

Double tunnel is showing up trend.

ShentaTsai

Oh, boy, something big is coming soon, for me, I put my bets on Long USDTHB, target 34.85 first than 36. THB is the strongest currency in Asia, if not the world now, but there's just no industries can sustain this level without CB intervention.

ShentaTsai Updated 

Short since 11426 and add more short @ 11645 & 11700, moved STP to cost 11600, as dollar get stronger and down trend China economic, we may have 80% chance break low and aim down to 10400 range. and 20% chance we will see volatility swing between prior high and low.

ShentaTsai Updated 

The right hand shoulder is almost complete, waiting to reach the 90day MA, than a roller coaster drop will bring EUR down to bottom.

ShentaTsai Updated 

A complete head and shoulder formation has been completed, and rebound on support, but which has been broken once, the next time testing that support will be a land slide down to 160.

ShentaTsai Updated 

UTX has follow the same trading patent as before, and the target of 107 has not yet changed.

ShentaTsai Updated 

A M has been formed, next support 67.25.

ShentaTsai Updated 

Trend can not be stopped, the recent rebound was not able to keep ground above the key resistance, further drop is expected.

ShentaTsai

Fed is picking up their pace in rolling back their assets, QE unwind, and FED needs to do it fast before the lid on interest rate bust open. Shortage of USD means stronger dollar and fall of the gold price, let's go 1174 first.

ShentaTsai

THB has been THE strongest currency in Asia this year, Thai government has been trying to keep currency stabilize in very controlled envelop, but what needs to come, still needs to come.

ShentaTsai

Excellent opportunity for quick short before data release.

ShentaTsai Updated 

News is always just a complement of the trend,

ShentaTsai Updated 

Now is retesting the neckline of the huge M head, news is only complement of the trend, short on.

ShentaTsai Updated 

Short 22.79 target remain 12.xx as previous prediction.

ShentaTsai

Trend line never lies, and long term MA heading always shows the market's potential heading, when accompany with mid and short MA finding, the direction is next to impossible to change. Target 1125

ShentaTsai

History repeat itself, we can see the same things happen again and again...