stanchiam

stanchiam Jul 15, 2023

Wave count suggest more upside for the short term Possibly targeting 0.72/2

stanchiam Oct 21, 2022

Preparing for a break higher, as such, eurusd and gbpusd etc will be lower Good luck

stanchiam Oct 21, 2022

Lets see what happen to price when it goes to decision region I am more for a new low

stanchiam Oct 12, 2022

update to the previous post, please refer to the link Price goes above resistant channel and then above resistant region just as expected Now the entire move up look like a 5 waves up, which increases the chance of a correction, perhaps towards 50% region before higher. Good luck.

stanchiam Oct 7, 2022

For those who love patterns Here is your head and shoulder

stanchiam Oct 7, 2022

Initial crack below the channel identified, has the bears taken over? As the entire move up seems to be an ABC, the bias is for a move down, at least for the short term. Price could still correct back up before lower as the move down from the top look like a completed 5 waves. Price either break down strongly or correct first before lower. Take your pick. ps:...

stanchiam Oct 6, 2022

Following the count of DXY(bullish), eurusd is the reverse The entire move up look like an abc correction. Hence looking forward to another new low. ps: check out the links for DXY aka US dollar

stanchiam Updated  Oct 6, 2022

Another leg up? Now price is still a 3 wave drop from the top, hence the probability of another new high is good Hope it play out as expected

stanchiam Updated  Oct 5, 2022

If it is, am looking for a new high, if wrong, at least a 50% move up USD should get stronger short term once it break above the wedge

stanchiam Sep 27, 2022

If price play out without invalidating the triangle, then a final leg up, at least for the short term is expected. Good luck

stanchiam Sep 23, 2022

It is possible the previous ending diagonal wave count is just part of a bigger move. Am expecting another new high after a correction. Will be using dxy as a guide and hint for EU, GU, AU . Hopefully it play out and let me have a chance to milk some $$$$$$.

stanchiam Sep 21, 2022

Previous idea invalidated. Price reached new high and I am waiting for price to close back below resistant turn support as the first hint that the top is completed, at least for the short term

stanchiam Sep 20, 2022

Price does not appear to be pushing through resistance Looking for a move down and perhaps a deeper drop. Work in progress

stanchiam Sep 18, 2022

Work in progress, price may break lower before resuming higher However, if price break and close below the wedge, a bigger drop and a review of wave count may be needed

stanchiam Sep 16, 2022

wave V of the ending diagonal in progress, will the wave B be a triangle and a spike up or a deeper correction before moving up? As long as the triangle formation is not broken, it is favored.

stanchiam Sep 13, 2022

Different from others, my view is the move up is corrective due to the triangle mentioned in previous share idea, please refer to the link As with all triangle, it only appears in wave B or 4, hence the entire move up is corrective. I am looking forward to new lows, same for eur, gbp etc , ideas share just a while ago. Refer to the link on DXY Good luck

stanchiam Updated  Sep 13, 2022

Not cast in stone, a possible formation, if really occur, then we know it is ending and thereafter, a reversal and big fall

stanchiam Updated  Sep 12, 2022

Is this a 5 waves up from the bottom or just an ABC correction? Lets find out