• Rayn Lim
    [ Overall Bullish, But I'm Countertrending This Trade]

    GBPUSD is currently experiencing an overall bullish trend, as evident from the Weekly Chart (right) showing bullish movement within the Buy Zone.

    ⛔️ However, as a Counter-Trend Trader,...  more
  • Rayn Lim
    This could be for you if you are waiting for a counter-trend move. A Bearish Gartley Pattern is expected to complete at 1.2605, but the earliest for that is on 12 Jun 23, 1200(utc+3); any earlier than that, the trade would be invalid.

    If a break and...  more
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  • Rayn Lim
    [Unlocking Profit Potential: Why I'm Holding Out for a Prime Buying Opportunity]

    This week, an opportunity has presented itself for a potential buying position on the GBPUSD pair. Two prominent trading setups - the Bullish Shark Pattern and the AB=CD...  more
  • Rayn Lim
    [Safe Haven Currency]

    If you are in trading for a good 10 years, you would understand the effect of the Safe Haven Currency. I'm waiting for the market to retest at 130.05 for the RSI Divergence on this counter-trend trading setup.

    Many traders would...  more
  • Rayn Lim
    My analysis still stands; I'm waiting for a buying opportunity within the USDJPY trading setup. An AB=CD pattern setup would be completing at 133.43. I need a reversal confirmation for this short to mid-term buying opportunity.

    Live chart:
    ...  more
  • Rayn Lim
    GBPUSD is approaching the Weekly Chart's Key Resistance Level that completes at 1.1872. What's nice about this setup is that a potential ABCD Pattern completes at that level, and that, gives a combo trading opportunity.

    Live chart:
    ...  more
  • Rayn Lim
    The Daily Chart's Bullish Bat Pattern coincide with the 4-hourly chart AB=CD pattern that completes at the HOP level at 1.1824.

    This is a counter-trend trading setup; a minimum of 3-bar reversal is required, especially in times like this.

    Live chart:
    ...  more
  • Rayn Lim
    Yes, this post is about a Bearish Shark setup, but check out the daily chart on the link within tradingview, you will see that the market respects the ABCD Pattern at its HOP level, 1.2186. A counter-trend move on the daily chart .

    The intraday traders...  more