stanchiam

stanchiam

Price break below uptrend channel and turned bearish We may see retest the channel and kiss it before saying good bye. Good luck.

stanchiam Updated 

Mr market finally had some reason to unwind and take those huge profit from the shorts Price had closed above the channel and supported, am looking for it to retest previous high Ideally if it can reach 148 region, it will be a great spot to short

stanchiam Updated 

After forming positive divergence, an inverted head and shoulder also formed Not cast in stone but when price goes above the neckline, we can expect a spike up and strengthening of the USD. Work in progress. Good luck.

stanchiam

Is US stocks really crashing? Everyone is saying so..... Using wave analysis, it still lack the 5th wave, so do not be surprise if another new high come

stanchiam

Current price actions appears to be a triangle, if formation holds and price breaks lower, we will see another leg lower, however, this leg lower is a buy for me. Waiting for the break to come.

stanchiam

Was stopped out earlier, usd bulls seems to be in control now as long as price is below 1.143, i am bearish, ideal target lower channel region

stanchiam Updated 

Seems like market is not convinced of trump words and likely to retest the high again Early low gives opportunity for buyer to reload long, target maybe towards 1.165-1.17 region

stanchiam Updated 

Price breaks below trendline and if it break 1.141, we are looking for a much lower move down towards the lower channel region, seems like bulls are unwinding and this scenario is highly possible. Good luck.

stanchiam Updated 

Price seems to be ranging, if top channel hold, we could see a retest of the low, meaning usd should continue lower. Good luck

stanchiam

Look like a 5 waves up, however, it still look incomplete, prefer a minor wave down and another wave higher for a clear 5 waves up to trigger a nice short(sell) position Will take some short first, even if wrong, should be able to get some pips.

stanchiam Updated 

Using wave pattern, we can see that price is ranging in what appears to be a triangle After which, there is a high probability price spike down lower towards 141 region to complete the waves. Once the pattern is completed, price may start to reverse and retest previous high around 148 region. Hope this works and benefit your trades Good luck.

stanchiam Updated 

Price move down as expected but not as what was expected. However, this move to new high is expected to be the last before a break lower. Watch for TLB or candlestick to signal the reversal and start to add shorts. Good luck.

stanchiam

Price is ranging within a triangle, a break below will confirm the wave count. Following the move down from a triangle, it suggest the move down is completed and a reversal at least for the short term will proceed next. Waiting for the break and move lower and a rejection bounce to suggest a bottom is in. Will long usdjpy, short eurusd gbpusd etc when the above...

stanchiam Updated 

Anyone still dare to long usdjpy? If 90% dare not, most probably it can creep u. Looking for price to close above to add more longs Good luck to me.

stanchiam Updated 

Bears are in control and price has creeped down due to risk aversion trade. However, expect a relieve at least for the short term when the 5 waves down completes. Still early but am looking out for longs. TLB or bullish candles will be welcome. Good luck.

stanchiam Updated 

Price waves show a possible end of 5 waves moves up, entered short. Will add more when price closed below trendline. Good luck

stanchiam Updated 

What a spike up, my longs around the low booked me a handsome profit Am now waiting for a minor new high to confirm a clear 5 waves move up This will indicate price will go even higher Hope this works and give me another few hundred pips of profit.

stanchiam Updated 

Very attractive wave structure, should extend much higher if it works, else need low first before higher