1. 0.618 level from the previous high. 2. test the neckline of double tops 3. the demand of industries will be terrible 4. has a potential to go for a AB=CD pattern, may test the lowest level of 2008 5. waiting for a daily signal for a short position
1.trend line broke and retested 2.potential double top 3. reached previous supply zone 4. waiting for a daily inside bar pattern breaking out to enter a short position. The target would be around the previous low
Head and shoulders pattern break out Poor economy data in Europe Has a potential to reach a new low ,which become large ABC down trend waves.
PE is too high for now. Touched the up trend line divergence on KD
Price tested on daily demand zone and with a nice daily engulf bar. The price may go up
Look at this huge weekly abcde triangle pattern. Waiting for the break and have a huuuuuuge wave to the sky. Also the PE ratio of CN50 is just around 9 which is less than half of Dow. Woooo!!!
Long tailed bar indicated bearish continue. Waiting for signal on 4h for a short positon
AUDJPY hit 0.382 level and retraced the double bottoms. The price stabilize in past few days. Waiting for a inside bar breakout confirm to enter long. First target will be previous high. Low SL
NZDJPY just got two bearish pin bars. However the price reached near previous low. I will waiting for a breakout of the low and pullback to enter short again.
GBPUSD still in long run down trend. Having 4H head and shoulder pattern. Waiting for retrace and towards aroudn 1.22 which is 0.618 level
Daily Pinbar plus Inside bar break. First target will be 1.093. In my opinion Euro will reach aroud 1.04
Got a daily pinbar on resistent area. And have nice three inside bar on 4H. 4H break the short. Nice 4R.
GBPJPY got a engulfed bar on an event area. It seems the price will retest the 0.618 level and double bottoms.
As trade war has relexed these days. Gold may have a head and shoulders top then towards 1400-1440. Then start another long trip.
EURNZD reached a event area. If we get another pin bar again may have an other down trend again. Otherwise, we wait for a break and retrace to take a long postion.
See how NZD goes for next week. Now the weekly down trend is still strong.
We have a nice head pattern. A nice inside bar fakey setup has showed on 4h. Waiting for break the neckline then short it.