Wave 4 as a correction wave has moved to touch FR 88.6% of wave 3. This is like repeating past movements, where wave 2 once corrected 88.6% of wave 1 !! FYI : FR ( Fibonacci retracement ) 88.6% ( or 0.886 ) = square root of 0.786
Pullback is over . and soon USD INDEX will dropping !
0.89905 is crucial point! You can see it is a strong resistance! Price two times try to breakout 0.89905 , until make dobel top potential Consider 0.89905 as FR 78.6% too, so power of buyer become weak. For me 70%, soon price will huge drop!!
USDJPY on weekly timeframe, PIERCING candle was confirmed ( see the red circle ). And better buy stop at 109.140. Potential price to 111 Join to my free channel : t.me/freechannelTHINKSFX Interest to get mentoring from me and low price only $500 ( pay once time only , benefit lifetime ), DM me telegram @letcandletalk
In my opinion when I take a look the chart on weekly timeframe is buyers seems more stronger than seller. No matter seller push down , buyers always succeed to make strong again EURUSD ( see the red circle )
As a trader, you must strict with your trading plan. And in my opinion, price of EURJPY finish pullback and time to going up again.
EURGBP daily timeframe June 28, 2019 You see trendline orange ??? If yess, if you are trendline trader, I'm pretty sure you will open SHORT POSITION directly . But from my experience , what I can say is TRENDLINE in many proof, like this now EURGBP , you see price keep moving up , and breakout trendline !!! However, my past experience teach me to avoid using...
DXY June 28 , 2019 on 4H timeframe Overall trend = BULLISH After 2 last week , economic US being weak , where USD INDEX ( DXY ) get push strong down and finish on 95.40 on Friday June 21, 2018 Now June 28 , I prediction DXY will close this month with some pullback movement which candle confirmation bullish engulfing , inverted hammer were confirmed. Buyers so...
On H4, AUDUSD June 27, 2019 I saw bearish harami and medium legged doji were confimed, probability 60% price will going down and retest area 0.69300! Want to know how I caught the profitable spot ? With use the eyes, yaaaa your eyes only combine with my simple strategy, you will so confidence to execute your trade. Feel free DM me t.me/letcandletalk Thank you
On H4 there is pinbar bullish after bullish engulfing. Let taking some profit from this correction! Want to improvement your trading result ?? Join to my premiun class. DM t.me/letcandletalk Follow me on Instagram : letcandletalk
Piercing was confirmed on weekly timeframe , pretty sure will flying! For learn my strategy, join in my premium class. DM me on telegram : t.me/letcandletalk Thank you
Weekly USDJPY June 26, 2019, Price already on NEW DEMAND AREA ( purple ) , and you see 2 RED SYMMMETRICAL TOP DECLINING BOTTOM RISING,which mean price will be get pushing up , and I prediction will go to 109.800
Last week, DXY went down and probably this week. price get pullback, IF BREAKOUT 96.27
4H timeframe, morning star was confirmed, mean buyer succesfully push the price to going up. Next target can be 108.400
on daily timeframe, bullish engulfing was confirmed. And better wait pullback reach purple lines then open long position.
Hi traders, A couple days ago, I post my previous analyze about XAUUSD that it will keep climbing. Now you can see price go higher and already in supply weekly area. So my suggest, whoever took buy XU based my analyze to take profit right now. For beginner trader, keep learning. I suggest you to looking a mentor around you. Do not trading alone. Try everything...
Pullback is over. The price already in supply area sensitivity.
2 times bearish engulfing ( red square ) on weekly timeframe , price absolutely get strong pressure to falling down