aaronlu97

aaronlu97 Updated 

Reasons to enter: 1. Old TL since 5th of September was broker (black TL), and now formed new TL and now price just bounce back downwards after touching the new TL. 2. EMA 21 Crossover and closed below EMA 21 in H4 (since 5th of Sept never cross over EMA 21). Hence, downward is favored. 3. The most recent 3 bullish H4 candlesticks shows a bearish candlestick...

aaronlu97 Updated 

Reasons to enter: 1. Black Trenlind was repected and tested, am expecting it to bounce upwards. 2. EMA 21 was just tested again, and now bounce back upwards after touching EMA 21. 3. Higher highs and Higher lows are forming, hence, bullish is favored. 4. Key level of support at 1.7000, if price remain above, hence, the next resistance (blue area rectangle)...

aaronlu97 Updated 

Reasons to enter: 1. Price rejection of EMA 21. 2. Black trendline was respeted and touched for the 3rd time, am expecting it to bear down again. 3. Weekly support now becomes resistance and was tested again. Rejection from the weekly support 1.17500 , means weekly resistance is still strong. 4. Fibo level 38.2% and 50% was met, and bounce back downwards after...

aaronlu97

Any comments sifu? On gold. Elloit wave macam still in play as the 5th leg is still shorter than 3rd leg! =D

aaronlu97 Updated 

Reasons to enter: 1. Price touched trendline for the 4th time, am expecting the price to break the trendline, and form higher highs. 2. A close above of the daily support 1.2343 levels would lead to bullish momentum, which am expecting it to hit my weekly resistance. 3. Bull is in charge currently as we can see from the candles in the daily timeframes. 4. EMA 21...

aaronlu97 Updated 

Reasons to enter: 1. Long term trendline was broken and close above. Break on the 4th time retest of the trendline 2. Buying power is still intact, higher highs and higher lows are still forming. 3. A recent bounce back upwards on the EMA 21. 4. Aiming for the next resistance / -61.8% fibo levels EP: 1.2380 TP: 1.2500 SL: 1.2310 Trade safe and happy trading all! =D

aaronlu97 Updated 

Reasons to enter: 1. Due to FOMC last night, the price fall and formed a new lower high. 2. EMA 21 was crossed below, and a reversal was shown. The price retraces back to EMA 21 for pullback and now going down to the next support. 3. Fibo levels 38.2% and weekly resistance was respected, hence, the price now is aiming for the next weekly support (blue horizontal...

aaronlu97 Updated 

Reasons to enter: 1. The price just close above the daily resistance (light blue rectangle area). 2. Highlighted yellow areas showing that it's a uptrend as Higher lows are forming. 3. 2nd bounce of the black Trendline , am expecting a Higher high to form. 4. Fibo level 50% was met, am aiming for 0% or even -27.2% for my Target Profit (TP). RR 1:1.72 Ep 1 :...

aaronlu97 Updated 

Reasons to enter: 1. On weekly perspective, 147.50 (blue horizontal line) has been a resistance for some time, as I'm expecting a break of this resistance. 2. Black trendline is standing strong, as the price just bounce up from the trendline. 3. Higher lows are forming, thus expecting higher high now. 4. Fibo levels 38.2% was nearly met, but still can be consider...

aaronlu97 Updated 

Reasons to enter 1. Price bounce back upwards after touching the EMA 21 in H3 timeframe. 2. Candle wick retested the black trendline and obeys it, hence a bounce on the trendline can be seen. 3. A retracement towards the 38.2% was met, and now aiming back upwards of -27.2% or even -61.8% (TP) Trade 1 (RR 1:2.63) EP: 1.6530 TP 1: 1.6667 (139 pips) SL : 1.6475 (53...

aaronlu97 Updated 

Risky to enter as got Interest rate tomorrow, but let's see how it works Reasons to enter 1. Black trendline is still intact, and serving as a support. 2. A retracement back towards teh 38.2% fibo levels, and aiming for the 0% fibo or even -27.2% fibo levels. 3. A clear breakout of the weekly resistance was seen at 1.3200 (blue horizontal line). Hence, it's...

aaronlu97 Updated 

Swing trading. Reasons to enter, 1. Higher lows and higher highs are forming. 2. 3rd time bounce back upwards of the black trendline. 3. A strong and firm support at 1.1925 (weekly resistance + blue horizontal line) was tested and valid. 4. A retracement at the Fibo levels 61.8% was met. Am aiming for an upward 0% and -27.2%. Trade 1 , (RR 1:2) EP: 1.1975 TP...

aaronlu97 Updated 

Reasons to enter: 1. Blue trend line is being respected nicely, as lower highs and lower lows are forming (yellow circles) 2. A shooting star from candlestick pattern was shown, am expecting it to cross back to it's EMA 21 and further downside is expected. 3. The price hitter 50% fibs level and expecting the price to hit 0% or even -27.2%. 4. The price is aiming...

aaronlu97 Updated 

Reasons to enter buy / buy limits 1. Expecting the price go back to the EMA 21 as now it's flirting with the EMA 21, just crossed below but thinks that it's a fakey. 2. Blue slope trendline is being respected nicely for the past on the 13th of April and 12th of June, am expecting it to hit the trendline again (buy limits), but end up hitting the blue horizontal...

aaronlu97 Updated 

Reasons to enter: 1. It bounces back from the upper level confluence zone (blue rectangle) and aiming for the next confluence zone (blue rectangle below). 2. It follows the two trendlines, which is a downtrend (green lines), as lower high and lower lows are forming. 3. There's a reversal signal (candlestick) as the last two candlesticks showed us a weak buying...

aaronlu97 Updated 

Reasons to enter: 1. We can see that the price is ranging currently in the area of 0.681 ~ 0.785 (yellow box drawn), and it's about to break the box and go bull. 2. Currently, the buying power is still strong as no lower lows are formed at the daily timeframe(TF). 3. There's a daily resistance (green horizontal line) at the price 0.73210, and have been retested...

aaronlu97

For my analysis, there's a weekly/daily support leve lat 1.06467(blue horizontal line), and a downtrend showing in the H1~H4 timeframe. Aiming for a SHORT, tp point at the btm line of my support level(green line), and SL slightly above the resistance (upper green line) would be cool.

aaronlu97

it just passed through the support level of 1.06056, and inverted a head and shoulder forming in the D1 chart. In the long run, it will be aiming for the next support level, 1.14597.