Mingnhut_SoiDenFX

Mingnhut_SoiDenFX

Can see there right shoulder developing and testing neckline, once it breakout neckline will confirm for short test previous support and major uptrend.

Mingnhut_SoiDenFX

In consolidation ascending triangle of wave 4, will wait for triangle breakout confirmation, once breakout will looking for short continue of wave 5.

Mingnhut_SoiDenFX

Will looking for pullback retest the breakout trendline and support, once support valid and hold will looking bullish continue and breakout higher.

Mingnhut_SoiDenFX

At moment still play in ascending channel range not breakout yet. Need confirm wave (E) complete, if valid channel possible breakout and once breakout confirm will looking for short. This ascending channel is consolidation range create wave 4 before falling down make wave 5. But still need breakout for confirmation.

Mingnhut_SoiDenFX

More likely wave 5 end and will see the bounce from here and possible will break downtrend. If downtrend break, will looking fore new bullish momentum start once trend breakout.

Mingnhut_SoiDenFX

Likely double bottom and this could be end of wave 5, will looking forward breakout downtrend, if breakout will looking for bullish momentum start. But need breakout confirmation before looking for long entry.

Mingnhut_SoiDenFX

Ascending channel likely breakout will looking pullback wave momentum.

Mingnhut_SoiDenFX

Trend still bullish not breakout at moment, but likely look like wave 5 end soon. If this really breakout with confirmation will looking for wave pullback test previous support.

Mingnhut_SoiDenFX

Likely wave 5 end and wave A start going down test the support, will see how react and this possible breakout deep lower support make ABC wave.

Mingnhut_SoiDenFX

Right shoulder developing for head and shoulder strategy breakout neckline will looking reversal trend and looking for bullish trend.

Mingnhut_SoiDenFX

Head and shoulder pattern reversal now it try breakout the neckline if breakout will looking going test previous high support.

Mingnhut_SoiDenFX Updated 

Likely bullish momentum start losing the steam, this could be end of wave 5 and will see pullback soon the test the support zone

Mingnhut_SoiDenFX Updated 

Gold at moment retest the previous high of history, if this zone hold the gold, the right shoulder valid and looking for reversal. If the right shoulder valid then head and shoulder strategy will valid. But at mean time need to confirmation small time frame for reversal signal. This is outlook if the gold, but still need to wait see how gold react the zone level.

Mingnhut_SoiDenFX

In triangle consolidation zone not breakout yet, likely bearish pennant continue down to make wave 5 which is touch the main support zone and possible bounce up from here. Mainly this play in descending channel and elliot wave structure.

Mingnhut_SoiDenFX

At moment it struggle breakout neckline, will play this small range here before make a breakout. Wait for breakout confirmation the neckline to go long.

Mingnhut_SoiDenFX

Atm moving in channel range, this will continue developing in channel range to test the downtrend before breakout either way.

Mingnhut_SoiDenFX Updated 

At moment price is in descending channel range, will looking developing wave E before make any decision breakout either. But more likely this is the bullish flag which mean this still possible continue going up trend, if this breakout confirmation.

Mingnhut_SoiDenFX

Oil has touch the support and bounce up. This is possible end of wave 5, at moment still DOWNTREND. If the support level hold or make DOUBLE BOTTOM, will looking forward to make wave ABC pattern wave.