William-trading

William-trading

So Dow fails to close pass above 111.3% extension level and although there runs a risk of further upside to 123.6%, I'm still taking chance to short the market. Looking closely, the upside momentum mirrors the upside in the whole of 2019. Hence, we are looking for a repeat of history perhaps?

William-trading Updated 

Prices are steadily coming down to support at 30,299 region. Should this zone break, we will see prices heading to 28,000 region

William-trading

Shorting in hourly is in response to the daily corrective wave B.

William-trading

I will long at the daily demand. Long long

William-trading

EURJPY, there may be a shortfall near hourly immediate demand. Long EURJPY.

William-trading

After some adjustment of the wave count, the likehood of a 5-wave bullish triangle is forming. With the morning star having a strong confirmation, the stock is sure to fly.

William-trading

Pre market is up. Shows that the hourly demand is strong. With a valid pennant, we are sure to long it.

William-trading

Maintain my long position with additional position

William-trading

The 5-wave minute phase has complete after the sub-minutte wave for wave V has complete at 123.6 extensions of wave IV.

William-trading

AUDUSD, sub-minute wave phase indicates an incomplete 5-wave pattern. Hence, we are buying in for the 5th wave completion

William-trading Updated 

Based on the wave count and the time phase proportional factors, we believe the the sub-5 waves of wave 1 of the intermediate phase has been over and as such we are heading for a possible 3rd wave. Plus the resistance at 30,302 has been tested multiple times and thus it’s weaken. Should it revert back lower, the possibility of an complex sub wave 2 is...

William-trading

There will be another upside going on. Hence lets wait out.

William-trading Updated 

An update. Prices had a fall in London session but we are expecting further downside.

William-trading

The strong breakaway gap from the descending triangle and 161.8% of the head and shoulder extension is indicative of a continuous bearish downside. Immediate support is at 200-190 region

William-trading

BABA had a strong daily gap below and we believe that the selling is only the beginning.

William-trading

Wave theory suggests that we are in a 5-wave broadening wedge corrective pattern for now. We are looking to long it at the E wave.

William-trading

Nano dimension has formed a sub-wave 4 by forming a pennant and a morning star above support has indicate prices may go higher. Buy stop!!!

William-trading

We are well into a potential primary phase 3rd wave rally should the larger pennant broke on the upside.