SeongJiannKoay

SeongJiannKoay

PA rejected by downward channel top with confirmation of evening star bearish candle reversal.

SeongJiannKoay

- Candle stick reversal in H4 upon touching D1 channel top. Short term selling opportunity SJ

SeongJiannKoay

Triangle breakout was just happened last night. 0.7090 is a nice entry for the pull back and continue to short. Aim 90pips as tp (0.7000) and 30 pips for sl (0.7120).

SeongJiannKoay

USDCHF bearish set-up: Entry: 0.9700 TP1: 0.9600 (100pips) TP2: 0.9500 (200pips) TP3: 0.9450 (250pips) SL: 0.9780 (80 pips) Reward-to-Rish ratio : 3:1 Rationale: 1. Bearish trend continuation where retracement found at 50% Fibo retrament level. 2. Rejection by strong resistance with EMA200+EMA50 indicates strong retracement. 3. Bearish engulfing.

SeongJiannKoay

Bullish divergence forms on right above channel bottom suggesting a long position.

SeongJiannKoay

AUDCHF daily trend analysis (Middle to long term trade with positive swap opportunity): Buy limit: 0.6895 TP1: 0.7150 (255 pips) TP2: 0.7250 (355 pips) TP3: 0.7550 (655 pips) total potential pips -> 1265 pips SL: 0.6725 (170 pips) Reward-to-risk ratio = 3.85 : 1 Descriptions: 1. Broken weekly downtrend support line and retested, look downward for a further bearish...