Yan_Lin_Yu

Yan_Lin_Yu

Target at at the range of 27.71-27.98, which is the 1.618 of AB and also 0.786 of AC ; SL point at the previous high around 34.85. Besides, With price still rallying, MACD deterioate from the price action.

Yan_Lin_Yu Updated 

Gold 4hour charts shows potential Bat Pattern Target at 0.886 of XA around 1114.85 2.618 of BC is around 1120 So after reaching 1156, it is a very good position to short and target is at region 1114-1120.

Yan_Lin_Yu Updated 

Currently GBPUSD reached a position with lots of resistence on the left , and probably after a almost V shaped rally , a retracement is nessesary. 1, Looking at potential LONG position around 1.54 which will retest the downward trend lines and it is also 0.618 of the rally starting from C. 2, Potential Butterfly ,target at 1.27 of XA ,around 1.58052, which is also...

Yan_Lin_Yu

Currently after first wave of rally, it is undergoing Wave B correction. Futhermore, there is an MACD deviation at the top. SHORT around 0.6797, and SL at 0.6901 The price will be pulled back into the red region , looking at the first target around 0.65645 and second target around 0.641863.

Yan_Lin_Yu

Oil consolidate at the region from 43.4- 47.67, and zt the monent it currently undergoing wave B rally, and we are looking for a one more wave downward. Also it has a shark structure with D point at 0.886 of CX, which at 39.88.