TraderNeoh

TraderNeoh Updated 

In yesterday's analysis, I expected AU to rotates towards the upside due to the recent parabolic movement violating the steep trendline, which was exactly what the market performed. Today's setup remains similar, currently looking for short-term selling opportunities on AU ONLY if there's a clear rejection at 0.7735 minor resistance zone, with 0.7690 & 0.7641...

TraderNeoh Updated 

In yesterday's analysis, I discussed about two potential re-test zone on EU for further bearish continuation, as the first rejection zone 1.2126 is violated, we'll looking for another potential re-test at 1.2170 resistance. Currently looking for short-term selling opportunities if there's a clear rejection at 1.2170 minor resistance zone, with 1.2060 & 1.2010...

TraderNeoh Updated 

In yesterday's analysis I discussed about the potential rejection zones on GU (1.3620 & 1.3660). As the market completely violated the 1.3620 minor resistance zone, 1.3660 resistance zone will be the re-test area. Currently looking for short-term selling opportunities, there are two scenarios that I am looking at 1. Rejecting 1.3660 resistance zone ONLY with a...

TraderNeoh Updated 

In yesterday's forecast, I expected UJ to hold above the 103.700 support zone showing buyers' strength, which was exactly what the market performed. Today's setup will remain similar, wait for a clear break of the current exhaustion pattern on UJ with 104.700 & 105.550 resistance zones as targets. However, do pay attention to the 104.291 resistance level, and do...

TraderNeoh Updated 

In yesterday's forecast, I expected NU to have a deeper pullback to have a potential bearish continuation setup, which is exactly what the market is performing now. Currently looking for short-term selling opportunities, a deeper pullback to re-test the 0.7167 minor resistance zone with 0.7094 support zone as the target. The current market condition of NU is like...

TraderNeoh Updated 

In yesterday's forecast, I expected some upwards rotation on AU as the market is showing some parabolic movement & over-extended condition, which was exactly what the market performed. The setup remains similar today, currently looking for short-term selling opportunities after a re-test at 0.7735 minor resistance zone for further bearish continuation move with...

TraderNeoh Updated 

In yesterday's forecast, I expected EU to have a pullback to re-test the 1.2126 minor resistance zone before further continuation to the downside, which is exactly what the market is performing right now. Currently looking for some short-term selling opportunities, to activate any short setups we need to see a deeper pullback. Today's setup will remain the same,...

TraderNeoh Updated 

In yesterday's forecast I expected GU to rollover with grinding sort of bearish movement towards 1.3540 support zone for a potential bounce towards 1.3610 minor resistance zone (Re-test), which was exactly what the market performed. Currently looking for short-term selling opportunities, there are two setups that I am looking at 1. Pullback deeper towards 1.3620...

TraderNeoh Updated 

In the recent analysis, I discussed about the potential bullish reversal on UJ as I noticed a probe at 103.000 key support zone followed by a higher low sequence violating a healthy downtrend. Currently will be looking for short-term buying opportunities with 104.700 & 105.550 resistance zones as targets, as long the current support zone holds (103.600 - 103.700),...

TraderNeoh Updated 

In the recent analysis (15th Jan, Friday), I expected NU to reject the 0.7237 minor resistance zone as I noticed there are tons buyers jumping into bullish side due to the upwards breakout of the trendline. I then discussed about the failure (trendline probe) with bearish rotation back towards 0.7171 support zone with increased selling pressure with 0.7094 support...

TraderNeoh Updated 

In the recent analysis (15th Jan, Friday), I expected AU to reject the 0.7795 resistance zone, followed by a bearish reversal violating the trendline with 0.7690 as the target, which was exactly what the market performed. Currently will be looking for short-term selling opportunities, there are two setups that I am looking at 1. Ideally I need to see some...

TraderNeoh Updated 

In the recent analysis (15th Jan, Friday), I expected EU to have a downwards breakout of 1.2130 support zone, followed by further bearish continuation with 1.20650 as the target, which was exactly what the market performed. Currently will be looking for short term selling opportunities after some pullback possibly towards 1.2126 minor resistance zone for a re-test...

TraderNeoh Updated 

In the recent analysis (15th Jan, Friday), I expected GU to again reject the 1.37 key daily resistance zone for a potential double top setup, followed by strong bearish reversal, which was exactly what the market performed. Currently will be looking for short-term selling opportunities, there are two setups that I am looking at 1. Pullback towards 1.3612 minor...

TraderNeoh

Hi Traders. Today's topic is about one of my favourite reversal setups of all time. If you are constantly searching for the perfect double top pattern or you are looking to add a reversal strategy into your trading plan, this post is dedicated for you. Let's get into the story behind a double top pattern. Imagine yourself trying to get through a concrete wall by...

TraderNeoh Updated 

In yesterday's analysis, I expected UJ to hold above the 103.700 support zone, which was exactly what the market performed. In the recent analysis, I expected UJ to have some short-term bullish momentum due to the probe at 103.000 key support zone, over-extended condition, and the higher low sequence being formed. Currently will be looking for short-term buying...

TraderNeoh Updated 

In yesterday's analysis, I expected bearish momentum and the trendline to fail, attracting more buyers onto the wrong side as I noticed immediately weakness in NU after the trendline was breached with 0.7171 & 0.7094 as targets, which was exactly what the market performed. Currently will be looking for short-term selling opportunities after some pullback, ideally...

TraderNeoh Updated 

In yesterday's analysis, I expected further selling pressure on AU with 0.7690 support zone as the initial target, based on the as the market rejected 0.7795 minor resistance recently forming a lower high sequence & downwards violation of the trendline, which was exactly what the market performed. Currently will be looking for short-term selling opportunities...

TraderNeoh Updated 

In yesterday's analysis, I expected further selling pressure on EU breaching 1.2130 support zone with 1.20620 level as the target, which was exactly what the market performed. Will be paying attention to 1.2065 price level and price action closely on the Monday's opening session. If there's more selling pressure in EU, will be looking for short-term selling...