Hello traders, This is a daily plan to sell GOLD with bearish daily signal . Gold has been rejected triple times on daily chart by hitting the pressure line. Price turn down to make a double top and pull back to 1857 for a daily correction. Since then, we dont see any strong price action to help gold make a new high to break the last pressure zone . Moving...
Hello traders, USOIL might not follow us to test new low next week. But at least we got part of that right, it made a support by reaching 104-105. On weekly right chart, I would see a possible ABC "Z" pattern is ongoing. Price could reack wkly resistance zone agian. On 6h left chart, ABC wave on this timeframe chart is ongoing. It could reack fibo 1.27 ...
Hello traders, Lets have a quick review on GOLD for last week. Gold continue down to reack last low to finish a ABC wave on 4h chart. And it rallied up on the 1st day of July. It could go back to 1828 before making a new swing down. On wkly chart, I would prefer to see sideways price action before making a new leg down. So from next Tuesday, you should...
Hello traders, GBPJPY made a good trade for us last week with Reward to risk rate higher than 4. 2906 GBPJPY broken channel for sellers with RR>4 Just a simple broken channel strategy. Now taking back wkly chart to review, this pair's price action just a simple sideways movement above wkly EMAS. It would finish sideways on wkly chart soon to make a wkly...
Hello traders, GJ is looking good to sell again on 4h chart with such broken channel. Dowd to 162.3 as 1st TP. 161 as 2nd TP. Good luck!!! LESS IS MORE!
Hello traders, GBPUSD yesterday test the sidways price action bottom zone. Now it is staying around it . I would prefer to take few hurs to wait for confirming signal on 4H chart to sell. That would be a simple ABC wave down. And now B is not confirming. Target zone is between 1.193-1.200. Good luck on this plan . LESS IS MORE!
Hello tradersm EURUSD finish sidways price action and break the bottom band of the red channel. I would prefer to wait for a confirming signal to sell when this pair pull back to retest the bottom band. GOOD LUCK ON THIS SELLING PLAN . LESS IS MORE!
Hello traders, USDJPY is about to break last high. It is moving in all small body candlestick without any strong bearish one. It is now making a strong bullish candle on 4H chart. All those price action in small range are praparing for a breakout move. Buy it when you got a breakout signal. And keep eyes on the green pressure line. Price could test it on the...
Hello traders, In this LONDON session, USDCAD is going to finish a 1H sidways price action. The breakout strategy did not work yesterday. Price pull back to retest it and make it a support zone now. Setup a buying order, target 1.291 with RR=3.9. GOOD LUCK ON this intraday trade. LESS IS MORE!
Hello traders, Gold is not a good boy, not well behaved. It is bearish on daily chart but on 4h chart, it looks bad by running up and down EMAS. Check again B position that could happen round 1820-1830 later in NY session, maybe a good fake signal to sell just like yesterday. GOOD LUCK ! LESS IS MORE!
Hello traders, GBPUSD is my second choice to sell. It is not a perfect chart to sell yet on 4h chart even though it got a double test of the lower resistace dash line already. Will check this line again in LONDON session to see any signal to open sell. Otherwise, will check higher resistance zone to see if a fake breakout happens up there to make a strong...
Hello traders, USDCAD is so bearish on daily chart. And on 6h chart, it is still sideways moving above the weak support level WITH all price running beneath EMAS. This is a best position for breakout strategy. Check in later NY sessions to see if it would make a strong breakout signal, down there supports. GOOD LUCK ON THIS PLAN TO SELL. LESS IS MORE!
Hello traders, My last idea to sell EURUSD is still onging, still valid. Now in the new Monday EURO session, it looks like good chance to sell it again with smaller STOP LOSS .The new double test of the pressure zone 0 is the reason. Support 0 HIT ONCE in our last idea. Now this time we are looking for support 1 as the final target with a potential...
Hello traders, Dollars did not just simply rally up to make a new high. It turn down with lots of overlapping price action to test the support again . Still the same support in our last idea. 108 IS STILL THE TARGET FOR DOLLARS. This time, it looks much better for dollar buyers since sellers seems not possible to pull price down more. Check in later...
Hello traders, USDCAD got RSI DIV on 4h chart after such a strong swing up. It just finished a ABC wave correction, it possible to pull down for a big correction to 1.286 for 100 pips down from current price position. GOOD LUCK ON SEETING PLAN TO SELL. LESS IS MORE!
Hello traders, Oil has made such a strong downtrend after breaking out the long-term trend line. Now it is standing on a possible week support since it cant just break it in one simple bearish candlestick on 4h chart. A retest of it with some bullish candles on 1h chart make oil possible to retest a near high 106-106.7first to make a possible double head first....
Hello traders, Dollars is making a double bottom with a higher support on 6h chart. This is a possible "W" bullish pattern. It will possible break out the resistance zone which is last high 105.7 and make a new high up to fibo Ext 1.27-1.618, 106.9-108.5. So bearish IDEAs on EURO currencies are reasonable. GOOD LUCK WITH THIS PLAN. LESS IS MORE!
Hello traders, GJ did not reach that high we were looking for. And on 4H chart, you can see a bearish M head with lower B for sellers. It finished ABC( green) wave in a rough way, it will make a simple strong bearish new ABC (red ) wave down to 167.8-163 very soon based on this chart. So keep eyes on the final candle to see if it is a strong bearish one....