leeweechong

leeweechong

Upstart rising wedge with a gap from $57. Higher highs, higher lows with narrowing price range indicates slowing momentum. Previous failed attempt to break the $83-84 resistant, gap down coupled with a gap from $57 suggest likely one more attempt to break up will end up losing momentum, causing price to decline rapidly to close $57 gap before stabilising at the...

leeweechong

EURUSD did not break the shoulder high and retreated downwards, I expect H&S to form and EURUSD to fall to range bottom before rising again.

leeweechong

C broke up channel and retested. Should see $39 again.

leeweechong Updated 

1st TP 21.85, trail stops once 1st TP hits. 2nd TP 18.46

leeweechong

If NVDA fails to breakthrough retest, it'll fall back to form a head & shoulder before going down further. Wait for the signal. Trade the trend.

leeweechong Updated 

Oil spot price at support zone of $22, let's see where this goes as we look forward to June contracts. Looking at May future that crashes below $0, this looks more bearish with little hope for bulls. Small buy with SL below $21.Price below $21 will trigger sell positions.

leeweechong Updated 

Oil is toxic near term

leeweechong Updated 

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leeweechong Updated 

Trade open

leeweechong Updated 

USOIL ABCD

leeweechong Updated 

NVDA broke from bearish channel into rising bearish wedge. Head and shoulder formation not formed unless NVDA breaks $280 neckline. Will take short position with stop above $280.

leeweechong

Possible movement

leeweechong Updated 

XAU closed above 1700, possible sell setup with 1. RSI divergence 2. Resistance at >1700 3. Likely cup-and-handle formation

leeweechong

Multiple indicators to sell 1. Sell zone, reversal calendar 2. Rising wedge, bearish 3. RSI divergence 4. Gaps

leeweechong Updated 

APPL forming bullish flag, shorts are exhausted and so is Trump. Once we clear the trade war, APPL should rise sharply.

leeweechong Updated 

Gold forms bearish divergence and breaks below bearish wedge

leeweechong Updated 

Gold forming cup and handle on daily chart. Too early to decide if it's long or short.

leeweechong Updated 

1hr chart, bearish cypher and ABCD