yuchaosng

yuchaosng

Hi, a simple reason to short: 61.8% retracement. Stop above 144.44. Thank you.

07:42

yuchaosng

In this video, I updated the wave count for S&P500 and discussed 2 different ways of counting it but ended with a bias on a stronger wave 3 down as opposed to a wave 5 of 1 down. The stop loss is above 6016, with 2 take profit targets: 1) 5940 2) 5923 Good luck!

04:36

yuchaosng

After a 6-days move up after we have hit our target in the previous analysis, I think Bitcoin has completed what I think to be the Wave B and is already on the Wave C run down. Over in this video, I expressed my personal viewpoint that Bitcoin is not a hedge against the dollar and that it is actually a risk-on/off product more similar to the equities markets like...

05:58

yuchaosng Updated 

Hi all, As I explained in this video, the previous idea was invalidated because of an issue with "degree" of wave that a fellow watcher of my idea rightly pointed out in the comments section. I did the change on this video and explain the mistake I made in the previous idea. In this video, I also talked about the last wave, how it can still be the peak but on...

01:02

yuchaosng

Ending diagonals completed. Stop above 6040. Take profit at 5744 first.

09:13

yuchaosng Updated 

This is a follow-up to the USDJPY idea that I posted yesterday. I am seeing an inverse H&S setup that is broken as the video is being recorded.

08:42

yuchaosng

Hi all, over here, I presented a cleaned-up chart of the EW counts for S&P500 and gave 2 entry points for shorting. The most important points are here: 1. 5th wave completion (or completing) 2. Ending Diagonal: will follow a sharp move down. Alternatively, you can wait for a breakdown of the lower trendline to short. Good luck!

yuchaosng Updated 

In this idea, I have plotted all the necessary information on the chart itself. But allow me to point them out in words: 1. A resistance zone drawn with a rectangle that shows 5 red down arrows, out of which 4 are historical price rejection points and the last one is an expected rejection point at the top of the resistance zone which will be our short entry. 2. An...

06:21

yuchaosng Updated 

Hi all, here is the video update to the short idea that I posted 19 hours ago. Main thing is the update of the Stop Loss and Take Profit. Thank you.

07:10

yuchaosng Updated 

Over in this video, I explained the bitcoin short by explaining the wave 4 structure and how I set the stop losses and take profit target using resistance level and previous waves and Fibonacci extension levels. I also talk about how I will trade this setup by scaling in.

yuchaosng

Gold has completed a 5-wave structure. This big structure should be a wave 1 of cycle wave 5. Now we should be on wave B and going into Wave C of Wave 2 of cycle Wave 5.

yuchaosng

This is a follow-up to my USDJPY short earlier. In the previous video, I mentioned that USDJPY can retrace up to start of wave 1 (144.41) but propose a tighter stop. You would have been stopped out if you had used that stop. But right now, you will be able to enter the short at a better price and set a proper stop that will invalidate the EW count.

10:28

yuchaosng

Update to the EW counts for USDJPY. It is still a short but stop can now be adjusted to 143.70.

15:19

yuchaosng

Over in this video, I updated the Elliott Wave Counts for Gold Long. If I'm not wrong, we have finished wave 4, although the ideal entry is at 3344. The Stop loss is 3354 if you entered now, and 3328 if you enter at 3344 (watch video for explanation). The most important price target is 3438 which was the high on 7th May 2025 and 78.6% of wave 1 of a higher degree...

12:52

yuchaosng Updated 

Over in this video, I go through in detail the breakdown of the Elliott Waves and the rationale for counting the waves as I did. In this video, i talk about setting the stop at around 144.10 and the short-term take profit target at around 139.92. At the end, I remind us of the big picture head-and-shoulders where the longer-term target is around 127.21. Thank...

yuchaosng

Over here, we revisited the Bitcoin EW counts. As I mentioned in my previous bitcoin (long) post, I think that the big picture doesn't support a strong move up so the long idea was cancelled. Now, I think shorting is the correct move.

yuchaosng Updated 

Over here, I broke down the waves for Bitcoin down to the minute level. Based on this, I think that Bitcoin has completed 3rd wave (or wave Y if you think this is just a correction). So now I think it is a good time to long with target at sub-wave 4 high of previous wave 3. Good luck!

06:24

yuchaosng

Yesterday's long gold idea was invalidated and turns out that Gold has decided to do a double combination instead of a single A-B-C correction. Now that I've seen a completion of a Double Combination, I think it is time to try to long gold again. The stop is below $3240.