USDJPY has potential AB=CD around 107.55, and also has a potential Gartley pattern. Meanwhile, we can see a potential butterfly pattern around 107.59. So let's see whether it will come up a bear signal to get into this short trade around 107.55. SL:107.80 TP:107.11
USDJPY has the strong support lineat 111 in daily chart. Even the short position tries to breakthe support line for a week, but it still doesn't work. Therefore we can try to set the long position at 111 for the strong economic data of US SL:110.5 TP:111.60/112.20
GBPUSD has a potential BAT PATTERN at 1.4095 And we can see that there are pretty strong resistance area around 1.4065. So we consider to sell the between 1.4065 and 1.4095. SL: above 1.4150 TP: 1.3950/1.3860
GOLD went up rapidly yesterday 1340 is the last high area in FEB And now GOLD touches the 1340 again, but it has a strong resistance. We can see that the 618 level is in the area too. So we can consider to short the GOLD. Aim to 1317
GBPUSD formed the double top We can wait for the pullback to neckline and consider to short the pound. Entry: 1.4030 SL: 1.4080 TP: 1.3800
XAUUSD has a strong fall last night and breaks the new low. We can find the resistance from the chart. It is pretty available in my point. And gold just finished the AB=CD Pattern, so wait for a pullback and short. The 0.5 to 0.618 level also is around the resistance area. Sell at 1335 SL: 1341 TP: 1324/1317/1300
Bitcoin has an AB=CD Pattern and touches the FIBO 1.272 level. it shows that bitcoin gets support now. Watch the close price, and if some bullish signals happen maybe we can buy the bitcoin again.
We can notice that NZDUSD touched the resistance area for a week, but still cant break up. Now, NZDUSD is pulling back. We wait for the 4 hour chart, if it cant break 0.618, we can short. SL: 0.7420 TP: 0.7320/0.7280/0.72
USDJPY fell to around 108 two times in 2017. From the price action in Sep 2017,we can see it is a strong support area. And we can find a potential BAT PATTERN at 108.20, so let's wait for the support reaction. The stop loss will be a little big, so we should use a small lots and watch the candle closely SL: 107.20 TP: 109/110.40/112
Ripple hits the 0.618, but it shows the resistance. And there is a structure support area between 1.2050-1.2020 We can long the Ripple. SL: 1.1650 TP: 1.29/1.3318/1.4050
GOLD has a nice drop from 1356. Because of the return rate of American bond, gold broke the 1340. Now, gold is having a AB=CD pattern at 1333.50 Watch the price action, because DXY are rally up Besides, there is a BAT pattern at 1329, if the AB=CD breaks, we should notice the BAT.
There is a double top formed at 1.4136 GBP filled the gap and went down The last 4 hour pin bar tells us it is still a bearish trend Short the sterling if this 4 hour candle doesn't break the the neckline SL: 1.42 TP: 1.4010/1.3810
Gold The double top formed and the 0.618 is around the neckline. So we wait for the pull back, then short at 1357 SL: 1362 TP: 1352/1346/1340