weiloon940718

weiloon940718 Updated 

As the price could not break resistance 3.500 and breaks the short term trendline, we look for retest to short it. TRADE IDEA : SELL AT NEAR 3.414 SL : 3.540 TP : 3.200

weiloon940718 Updated 

The price breaks the support level 1.00450, this bearish trend may continue towards next support 0.99600, there is good risk to reward ratio to short the retest. TRADE IDEA: SELL AT NEAR 1.00450 SL ; 1.00775 TP : 0.99600

weiloon940718 Updated 

The candle breaks the crucial resistance near 1.06790 and the uptrend is confirmed, we look for retest to long at this area. TRADE IDEA: BUY AT NEAR 1.06770 SL : 1.06390 TP : 1.07890

weiloon940718 Updated 

The price breaks the support near 114.90 and retested. Now the price is making lower low, there may still some space for price to drop. TRADE IDEA : SELL AT NEAR 113.685 SL : 114.35 TP : 112.69

weiloon940718

There is a potential small AB=CD pattern where point D ends at near 1.28890, while there is the structure resistance also. Short at there will be more attractive, at least for short term trade. TRADE IDEA : SELL AT NEAR 1.28890 SL : ABOVE THE REVERSAL POINT OR 1.29600 TP : 1.26500, 1.23455

weiloon940718

The price breaks the downtrend line of the corrective pattern and some bullish candles may give some confirmation to this view, so looking forward to long the pullback will be a good choice. TRADE IDEA : BUY THE PULLBACK AT NEAR 2.880 (MAY BE ADJUSTED DEPENDING ON LATER MARKET MOVEMENT) SL : 2.810 TP : 3.332

weiloon940718

Since the price failed to breaks resistance 51.40, and now a lower high point C is formed, we could expect a medium term bearish trend towards point D which is near to 39.44, where the structure support is also located at there. For those shorted at point C, the TP area will be at point D.

weiloon940718

The index now breaks the donwtrend corrective channel, it may show that the market resumes it bullish trend, but wait a pullback is a better choice (buy low). However, do notice that there is high chance of rate hike in December,if it doesn't make the index to break support level 2151, this strategy is still plausible. TRADE IDEA : BUY AT NEAR 2151 SL : 2143 TP :...

weiloon940718

As we can see that the price could not form a higher high at crucial resistance near 100 and form a head upside there. so we could predict that USD may go into retracement, either towards 99.50, or 99. TRADE IDEA : SELL THE PULLBACK AT 100.26 SL : 100.65 TP : 99.50, 9

weiloon940718

There is a AB=CD which D falls at structure support at near 0.69720 also. Since there is a potential downtrend channel where D is also near to channel support, it will be a great opportunity to long at there. TRADE IDEA : BUY AT NEAR 0.69720 SL : 0.69300 TP : 0.71050, 0.72370

weiloon940718

If you are a radical type of trader, you can try to sell now with SL at 1.25555, as it reaches the structure resistance(see D1 chart), But if you are prudence, you may wait the price to retrace to near 1.21900 and open a long position, if the support level holds. TRADE IDEA : SELL NOW AT 1.24970 SL : 1.25555 TP 1.23520, 1.21800 TRADE IDEA 2 : BUY AT 1.21900 SL :...

weiloon940718

There is a structure support and FIBO 0.618, and also uptrend line. I am interested to open a long postion near there is there is some reversal sign. TRADE IDEA : BUY AT NEAR 1.24744 SL: 1.24270 TP : 1.27860

weiloon940718

The price rebound very quickly after the US election, showing that there is very strong bullish trend, so I am interested to long the puilback. TRADE IDEA : BUY AT NEAR 105.500 SL : 105 TP : 107.55, 111.00

weiloon940718

As the price level in the larger timeframe is very low, and the price has broken the triangle pattern in 4H chart, I still looking for buying the pullback at around 1.23215, as if to buy now the SL will be too large. TRADE IDEA : BUY AT NEAR 1.23215 SL : 1.22900 TP : 1.25570, 1.27935, 1.34115

weiloon940718

The price has just rebound from near the uptrend line 2, but since the uptrend line 1 is broken, there may have another downward wave. From the pattern of chart, there will be a potential libra pattern and also FIBO 0.618 converge at near 0.73132. If this level is not broken, I am interested to sell at there. TRADE IDEA : SELL AT NEAR 0.73132 SL : 0.73500 TP :...

weiloon940718

The price consolidated at low price level and forming a triangle. Unless the support 1.21000is broken, I still interested to long at there. TRADE IDEA : BUY AT NEAR 1.21000 SL : 1.20550 TP : 1.22580, 1.23280, 1.24580, 1.27880

weiloon940718

The parallel channel is still valid and the price now almost reach point F where FIBO 0.786@XA and structure resistance is located. I will look for a short-term short opportunity at there but with a smaller lot size since it is counter trend trade. TRADE IDEA : SELL AT NEAR 98.60 SL : 99.10 OR WHEN CANDLE BREAKS THE UPPER TRENDLINE OF UPTREND CHANNEL TP : 97.50, 96.30

weiloon940718

The price has come to the structure resistance level of the triangle. Unless the price breaks the structure resistance, i will wait a reversal confirmation in smaller timeframe to short it. TRADE IDEA : SELL AT NEAR 0.75600 SL : 0.76250 TP : NEAR THE UPTREND LINE