vendyxiao

vendyxiao

Same like EURUSD, i didn't analyze correctly on GOLD. I am expecting one more C wave (purple). But if the C wave was completed from truncated pattern, then XAUUSD can directly go down like EURUSD. XAUUSD now is on it's support. But the price move this week will determine where XAUUSD will go. But XAUUSD move in the same direction as EURUSD, then XAUSUD will go...

vendyxiao

Last time, i expect EURUSD will reverse to upside (one more wave) on 1.20000 (). But it seems didn't happen. I didn't analyze correctly. Now it's more clear that EURUSD is already starting the bearish trend. I also notice fractal pattern that exactly like what EURUSD is doing right now. So a correction will be good SELL SETUP.

vendyxiao

USDCAD have strong move to upside. But we have potential correction on this pair. Let's wait the price action to confirm this

vendyxiao

I don't see any sign expect 1 big bull candle on the chart, which is not enough to expect reversal on this pair. So NZDUSD still bearish for me

vendyxiao

There is divergence on AUDUSD. There are 2 potential areas for reversal

vendyxiao

GBP still seems to be going down to complete Wave Correction

vendyxiao

Looking at its strength, EURUSD still seems to be going to go down. And until now there are no signs for reversal. But the big movement of EURUSD will be bullish. Do not miss it

vendyxiao

EURJPY forming ending diagonal on the correction pattern. It's seems like the down move soon will come.

vendyxiao

Gold form a complex corrective structure. And i think the corrective will near to end and continue the bullish move. I post one of possible scenario on this pair. Good if you already have long position.

vendyxiao

USDJPY form a leading diagonal. Based on the chart, there is still possibility to form 1 up wave again for wave 5, if it's not completed. But i anticipate 3 Wave Correction to downside for now. And after 3 wave correction is complete, i will look for BUY SETUP.

vendyxiao

EURUSD now is build a very complex corrective structure, which is this is the possible scenario most likely can happen

vendyxiao

I am actually don't trade AUDUSD in the last 2 weeks, It's because the market still bearish, but there is divergence indicate that the down move will end.

vendyxiao

Correction is deeper than i thought. GBPJPY still forming another correction. Not a suitable condition for trend following trader

vendyxiao

Last time i post about this pair (), my target for upside around 151-152. And it don't move to that target when strong impulse appear on monday. I took about only +80 pips shorting GBPJPY this week, and it went up again. So this pair seems forming a complex corrective structure. I am personally looking SELL SETUP again if it goes up above 150.80

vendyxiao Updated 

GBPJPY still in Correction. 2 Possible Scenario can happen, it move up again to 152 and down or if it form Trend Continuation Pattern (correction) then it will be good SELL SETUP

vendyxiao

NZDUSD is now still bullish. But there are 3 reversal area are waiting. For now, there is only BUY SETUP Available on this pair

vendyxiao

NZDUSD seems try to finish long term correction pattern. For now, the available setup is only BUY, but i don't think this will go too far. Several potential reversal area are waiting

vendyxiao

Got decent profit last time on EURGBP, and now i am waiting a up move to complete the pattern before it go down again