stanchiam

stanchiam Updated 

Price move down as expected but not as what was expected. However, this move to new high is expected to be the last before a break lower. Watch for TLB or candlestick to signal the reversal and start to add shorts. Good luck.

stanchiam

Price is ranging within a triangle, a break below will confirm the wave count. Following the move down from a triangle, it suggest the move down is completed and a reversal at least for the short term will proceed next. Waiting for the break and move lower and a rejection bounce to suggest a bottom is in. Will long usdjpy, short eurusd gbpusd etc when the above...

stanchiam Updated 

Anyone still dare to long usdjpy? If 90% dare not, most probably it can creep u. Looking for price to close above to add more longs Good luck to me.

stanchiam

Using wave pattern, we can see that price is ranging in what appears to be a triangle After which, there is a high probability price spike down lower towards 141 region to complete the waves. Once the pattern is completed, price may start to reverse and retest previous high around 148 region. Hope this works and benefit your trades Good luck.

stanchiam Updated 

Bears are in control and price has creeped down due to risk aversion trade. However, expect a relieve at least for the short term when the 5 waves down completes. Still early but am looking out for longs. TLB or bullish candles will be welcome. Good luck.

stanchiam Updated 

Price waves show a possible end of 5 waves moves up, entered short. Will add more when price closed below trendline. Good luck

stanchiam Updated 

What a spike up, my longs around the low booked me a handsome profit Am now waiting for a minor new high to confirm a clear 5 waves move up This will indicate price will go even higher Hope this works and give me another few hundred pips of profit.

stanchiam Updated 

Very attractive wave structure, should extend much higher if it works, else need low first before higher

stanchiam Updated 

As per last usdjpy post, price formed 5 waves down which signal end of a phase. Price indeed move up and now formed a more bullish outlook. Maybe mr market is trapping all those bears and going to hunt their stops, as traders thought shorting usdjpy is easy money for risk aversion(Tariffs war). Anyway, the move up had given a few hundred pips of profit, closed...

stanchiam

Appear to be a break out of channel, if can maintain above, should go higher towards the mark region

stanchiam

Price completed a 5 wave move down, which could suggest a correction is coming First target is the resistant region around 146.5 If countries starts to negotiate with Trump or Trump delay tariff for those who negotiate , usdjpy could rise alot more Good luck

stanchiam

Looking from the daily time frame, price is very bullish and any trade going forward should look into being long. Will look for opportunity to short and long using the expected path, only if lower time frame also support the idea. Good luck.

stanchiam Updated 

April fool today, price could be falling towards lower uptrend channel and reverse back up in a i fool you joke. Hope price works out as expected. Trump reciprocal day coming after april fool, good luck.

stanchiam

Important day as market await Trump announcements. Price spike higher while waiting for it. Too early to tell, price could spike up even higher so price staying below resistant region and upper channel is important. If not for Trump, will short it normally, now just a fraction of it. Good luck.

stanchiam Updated 

Looking good now, loading up good long positions The initial wave up and the current retracement testing the trendline break, if it works, we should see a spike up next week Good luck.

stanchiam Updated 

What we need now is eurusd starting to rise to push eurgbp up Eurusd does look to has that potential. Eurgbp keeps on testing the lows, price now need to break above the resistant lines to start moving up faster. Good luck

stanchiam Updated 

updated uptrend channel, price still bullish for usd as price break out earlier and stay above neckline, looking for more upside, ideally towards the supply region Which if come true, eur, gbp etc should continue falling If price do close below channel strongly, it could suggest a shift in trend. Good luck

stanchiam

Bulls had managed to push price above downtrend channel This could be the start of a bullish reversal Good luck