stanchiam

stanchiam Updated 

if price go below the box, deeper fall will be seen

stanchiam

but another move above 112 not rule out, even if wrong, should see short term move up first before lower

stanchiam

price appear to be in consolidation mode, should test my channel top if price is able to break above, then expect powerful rise to new high good luck

stanchiam

a long and complex corrective range could continue or complete anytime and when price push above flag, should see my channel top tested a strong move above suggest new high will be oncoming

stanchiam

looking for around 70 to 150 pips drop, small stop

stanchiam Updated 

tons of bears are bleeding and hurting bad now, most wavers are still looking for that new low think their neck are as long as giraffe by stretching and looking for that low for a few months good luck to them, for me, as long it is above my channel, its bullish for me could get even more ugly then if it is wave 3 up, no joke going against it if it is one

stanchiam

this mean we should see some correction soon and then a burst for new high going to make use of it and squeeze some honey out of it

stanchiam

if am right, should see 50 to 62% region before lower if wrong, this will go for new high either way I am fine as I am loaded near the low too

stanchiam Updated 

if so, a move back up ideally around 50 to 62% region to play safe, one can wait for a mini 5 waves up in the 1 to 5 min chart before planning for entry earlier inverted head and shoulder failed after price drop back below the neckline

stanchiam Updated 

since touching my lower channel, gold has continue driving up towards the median line however since it is extended, personally prefer to take profit and stand aside as the move up is still consider as 3 waves up, a move back down cannot be rule out good luck

stanchiam Updated 

shaping up, once price stabilize above neckline, it will be a success

stanchiam

appear to look like an inverted head and shoulder if price break and close above with move similar to chart, then it is a must buy for at least a short term move higher but if it decide to go for new high, I am ok too my cup is always half filled, flowing with the momentum and flexible

stanchiam Updated 

bulls and bears are still fighting it out but bears should win eventually the move up is moving in 3 waves and is likely to be corrective wxy waves

stanchiam

falling as expected but now price hit the blue line region, which is supportive of bounce had closed short and now looking for at least some bounce short term need to be careful as price drop is still 3 waves only, it can still go for another high and break above 114.35 strongly although we favor price to fall to new low

stanchiam

a ton, seriously a ton of experts and traders are still looking for eurusd to break below for new have not agree with them since it completed what appears to me as an ending diagonal which ended the low will not be surprise if it keep going up and give the bears a damage so strong in their account they will forget what their name is until price can close below my...

stanchiam

when I posted that gold hit my lower channel and could bounce, some say it cannot be as it had keep on breaking support guess what, it bounce right on the dot of the lower channel so never say never, gold still has plenty of move in it, it still has not touch my median line a bomb from north korea in other country or another unexpected move from trump can sent it...

stanchiam

as majority of traders are looking for usd to go to the sky, it could well do the opposite to clean them off their cash not cast in stone but do not rule out a strong fall on usd as waves still support that count good luck

stanchiam

after testing my median line, eurusd goes back to the top it is now testing the channel top, if it breaks above, it could get very ugly for the bears as they run for their lives for now, top should hold while price consolidate first