William-trading

William-trading

Strong bearish reaction at 50% retracement level and it is below the 50.0% retracement level signalled a strong bearish sell down.

William-trading

FX:GBPUSD The pound may see short term weakening to the demand area highlighted in the chart. Should there be a correction down, the potential rebound point will confluent with a potential falling wedge formation and the demand area

William-trading Updated 

GBPUSD had a bear sell down at 1.32100 psychological level and the price is expected to rebound at the first demand zone indicated in the chart.

William-trading Updated 

UOB rejected the demand zone right after market open after Lunar new year holiday in Singapore. The strong demand may push prices further to fill the gap

William-trading Updated 

Dow is facing a strong possibility of a bearish correction till at least 27000

William-trading Updated 

The broadening wedge act as further correction till 29000 region highlighted in blue. We believe a strong rebound may happen at the region.

William-trading Updated 

NYSE:MRK Potential bullish flag confluence with the support level highlighted in blue

William-trading

Correction is imminent for Alibaba as the stock is forming a potential expanded/running flat. We believe that the midterm trend for Alibaba is bearish

William-trading

Rising wedge and bearish evening star formation are rocking the stock today. Hold steadfast to your shorts!

William-trading Updated 

Dow futures had a sell down this morning in Asia session and subsequently stronger sell down on London session. As today is the public holiday in the U.S, we expect to buyback near the demand zone when trading resume in the U.S

William-trading

Pfizer may have a strong rebound at 40.00 support level.

William-trading

Based on my daily chart analysis earlier on, it concurs to me that the weekly support the bullish run beyond 8000 yen, but not for long. Based on the wave analysis, the flat corrective wave is still currently forming the B wave of the Primary phase. Based on further analysis, the wave on the smaller scale within the regular flat is forming an expanded flat,...

William-trading

Toyota had a strong up move out of the falling wedge yesterday and we expect the stock to move beyond 8000yen within this few periods. A detailed wave analysis will be published on a separate note.

William-trading Updated 

Correction perhaps?

William-trading Updated 

GBPJPY may have a slight bull run toward 127.2% of the extension to complete the B wave of an expanded flat. The reason is that there is a bullish corrective flag.

William-trading Updated 

RSI bearish divergence with rejection at supply area.

William-trading Updated 

Gold had a good start this morning( Singapore Time GMT+8). However, there’s a strong supply zone in the 15 mins chart. Therefore we are looking for further sell off at that area.

William-trading Updated 

Wells Fargo bullish seems to be a one time affairs as theres significant signs of bearish rejection at the supply level near 88.6% of the Fibonacci retracement.