Chriis_Liew

Chriis_Liew

The pair has been a downtrend since two years ago. And the price got rejected at the structure resistance zone last Friday. At the same time, there is a structure support zone down there. The reversal could be possibly happening, and if it does, it will probably go straight down to the support zone. _ Join our FX training platform (for free): onelink.to/sjxych...

Chriis_Liew

The pair has broken out from the downtrend resistance previously. Since it's been up so much from the previous swing low, a more reasonable entry would be at a retest of the resistance. And now, it seems that the market is going to do a retest hitting the structural resistance. Share your view with me 👇 __ Join our FX training platform (for free):...

Chriis_Liew

A triangular pattern has formed. The horizontal line tells us that there is no change in the bearish momentum. Confused? Let me explain. Every time when the bears push the prices back down, the swing highs do not get lower which indicates that the momentum of the bears does not increase. They remain constant. On the other hand, the ascending diagonal line...

Chriis_Liew

If I were to go long, my entry would be placed at $26 as the probability of a successful rebound is high if the market closes above the high of the current candle. I’d set my stop-loss below the structural support level. If the market breaks below to prove my idea wrong, I’ll just accept it and quit with a small loss. And my profit target would be at the upper...

Chriis_Liew

The Gold is coming to 55-MA support level.