EURUSD breaks 1.13 Heading towards the long term channel Price is very bullish after break 1.13 Pay attention to 1.1424 level which is FIB 1.13 EXT and also the channel. Wait for market to test this level and the price action should tell us the direction. Breaking this Channel may lead EUR to 1.19 However, if failed to break the channel, a big correction may...
SPX500 break down the wedge Now it is a good time to short the pull back potential reversal zone at 2430-2440 Check Price Action when it rally to the zone. Bearish Signal confirmation is necessary.
Gold Break down important support of 1260 and it is driven by the fundamental event: FOMC Meeting. With this downside breaking candle, we can wait for a pull back to short gold and aim to 1210 or even lower. As My Idea for the DXY is going higher , therefore gold will go down
GBPNZD Pull back to the neck Line We can see there is double bottom of GBPNZD and the neck line is at 1.80 Now price is retesting this neck line. For Long Term Trader , it is good to establish GBPNZD long position and aim for 1.9200 and 2.00
NZDUSD Break down the uptrend channel Find a pull back to short. Although last ideas was a loss, but that is discipline, and I must thank for this stop loss to cut the loss only at 40 pips, not 120 pips. you can see the huge upside move after the breaking out. Now the NZD has broken the channel with a strong bearish candle closed below. I will find a pull...
DXY touch Important 0.618 level 96.47 was tested during the fomc meeting day and the price action is very bullish. it is a bullish pin bar. this implies The USD will gain strength I am expecting the USD to go back to 102-104 level
Bearish BAT Pattern for SPX500 Completed at 2442.60 Short and SL above 2450 TP1 2432 TP2: 2415 TP3 :2400
Price rally and make new high after bad NFP data. However it break down 1.1260 support and cant' maintain above. Therefore we can short the pull back and SL above the previous high, this is to trade a Buyer Failure (2nd attempt but can't make HH) Potential Target is given. Trade with your plan. Good Luck!
USOIL DOWN TREND BEGIN Guys, Sorry I forgot to post this chart in tradingview But just want to share with you my last two entry for the OIL Short. Of course If you still hold my previous Idea the 54.30 short, you can still hold it. My first Entry at 51.20, Structure Pull Back My 2nd Entry at 50.14 , Structure Pull Back Now here comes the 3rd Entry Pay...
NZDUSD short the structure pull back. 0.7200 is the key level that has been broken in the euro session. Now the price is pulling back and we can short. SL above 0.7230 Aim for 100 pips Thanks to Tradingview for the enhance of the tools. you can calculate how much lot size you need to trade.
GBPUSD Pay attention to 1.2940 The Up Trend Channel has been broken and price may go to retest the 0.618 level +the structure. If 1.2940 is a good resistance, then we can sell gbp and aim 1.2768 2nd Target 1.2570
AUDNZD complete the BAT pattern and the price action is good therefore we can long when price is close to 1.0405 right now in daily chart price already shoots up we can wait for a pull back to take the long in lower time frame.
Gold Pay attention to the long term trend line and also the GAP Let us see what will happen after gold fill the gap. Plan A: I won't be surprised if gold is rejected from 1278-1280 , if gold can't break this level, We want to sell High. Plan B: However, a bullish candle close above 1287 will make gold break out the trend line Then we wan to buy a pull back...
USDJPY has pull back to 0.618 and 110.513 become good support we can see the rally from this level. Therefore. watch for this trend line as well. If Price can stay above 110.51, We can buy usdjpy First Target 113 2nd Target 114.36 3rd Target 115.00
EURUSD break important neck line 1.1160 has been a support Aand was broken down now the price has pulled back and we can short for a trend continuation Target is 1.0900
LONG USDCHF NOW Two Test of the 1.618 Ext Price making higher low. SL 0.9688 AIM FOR 0.382 AND 0.618
GOLD break down the correction channel and it's likely to heading down 1264.39 is the 0.618 level and after being tested two times , the buyers failed to make new high. In my webinar posted on last Friday, I have clearly pointed out this level. Now the direction is clear, our strategy will be short the pull back. this time I think Gold is likely to break 1200
NZDUSD AB=CD Complete The Resistance Structure also in the same level Short NZD in a lower time frame and Aim 0.6940 / 0.6893 Trade with care Good Luck!