William-trading

William-trading

We expect further sell-down of Dollar/Yuan as the 5th leg of wave C has yet to complete. Target buy will be at the demand region highlighted in blue.

William-trading

Tesla gap down is timely, lets try our luck and long again at the demand.

William-trading

We are looking to further downside to the Dow jones Industrial average based on the Ichimoku cloud and the Numbers (9,16,21) periods.

William-trading

Dow had a fall twice in both U.S session yesterday and today. However, I'm not swayed by the downside. I will add on to the long position.

William-trading Updated 

We are more or less convinced that the 5-sub wave is completed and now Dow E-mini futures are going for a complex correction. As such, we are expecting to short at the top again.

William-trading Updated 

KLCI's resistance has been tested multiple times and the possibility of a rally is very strong. Ascending triangle and mid-day rally indicate a very strong bull!

William-trading Updated 

Gamestop is on a corrective course of action and while the dominant trend is still bearish, we believe that Gamestop will be making new high based on the technicals First, the price has broken out of the falling wedge and price has clearly rebounded and closed above 61.8% retracement twice. Secondly, there is a larger inverted head and shoulder formation....

William-trading Updated 

Based on the wave count, I'm long on EURUSD.

William-trading

The sub-wave from 24th Jan till present is a greater ABC corrective price action which we foresee a further downside to form wave C near US$40.00 as the last leg of the 5th wave is not completed yet. Price action also suggests a continuation of the bearish pattern as there is a bearish pennant formation.

William-trading

Toyota has one more leg down to major support zone at 6209-6263 before a stronger rally occurs. Reason? First, the formation of evening star at 123.6% extension level indicate a false breakout. And prices close at the major support level. As such, there is a strong desire for Toyota to test lower lows.

William-trading

The potential bullish flag is formed after the pennant is invalidated. Thus we are expecting a rebound at the new found support zone.

William-trading Updated 

Nikkei 225 is gonna explode beyond 24,000 resistance level for a longer period perspective

William-trading

Dow had a strong come back and in the hourly chart, the sub-5-wave impulse of the Elliott wave indicates that there is one more leg up in the 5th wave. Also, recent selling occur near the supply is weak and the formation of a larger bullish pennant signal Dow to make a bullish upside. Also, the smaller flag within the pennant signals a strong bullish desire.

William-trading Updated 

Nasdaq has been on the downside since last week, as such, I'm on the short to the support zone which is between 127.2% and 161.8%.

William-trading

Netflix may have low buying momentum but It is still a good stock to long as the dominant trend is still bullish and the smaller inverted head and shoulder indicate a strong buying!

William-trading

Square had a specturalr upside this week with the prices break the top of the resistance of the pennant. However, price still falls short of reaching 127.2%. Hanging man yesterday may signal a reversal should a bear candle appears today

William-trading

I am aiming to long at the demand level highlighted.

William-trading

Dow has yet to break new high while the Nasdaq (Nq1) has. This cause much worrying ahead as the divergence has been widening. Back to Dow, the 4hr wave analysis which I posted earlier has confluence with the larger time frame wave analysis