• Rayn Lim
    A bearish bat setup on a trend trading setup has presented itself. We will have to wait for the check back for a better Reward: Risk( RRR ).
    It's nice that the bearish bat setup within the sell zone(red box).

    Well, I’m Rayn, and in the past, I used to...  more
  • Rayn Lim
    A break of the trendline ( daily chart ) may be a sign for a potential change of trend. In this situation, an appreciation is seen as a false recovery before a significant dip in this currency.

    I will be watching closely to see if the check-back of this...  more
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  • Rayn Lim
    A bullish flag pattern has form up, I prefer to engage this trade when a retest of the base flag happens with candle confirmation.

    If this is a failure pattern, there is a bullish shark at a much lower price(check out related ideas below).

    Bored with...  more
  • Rayn Lim
    A bullish flag pattern has form up, I prefer to engage this trade when a retest of the base flag happens with candle confirmation.

    If this is a failure pattern, there is a bullish shark at a much lower price(check out related ideas below).

    Bored with...  more
  • Rayn Lim
    There is a setup on the bullish shark pattern(grey) as well as a bearish bat (light red) on this 4-hourly timeframe.

    Is a high likelihood on the completion of bullish shark for a countertrend trading opportunity than the bearish bat pattern, however if...  more
  • Rayn Lim
    This is an interesting setup and trade plan for me. Right now on the 1-hourly chart, it presents a bearish bat setup. I will have to wait for market confirmation to engage this trade as there is a couple of level of resistance above the sell zone and...  more
  • Rayn Lim
    A bearish bat setup for a trend trading traders. As there is such a strong bullish run, I will be waiting for market confirmation before engage for a short, but it surely seems good to short it.

    Have to take caution when market retest the broken...  more
  • Rayn Lim
    On the daily chart , the market has my favourite setup, a descending triangle , however, the sad news is that the RSI wasn't overbought which is important to me for that strategy of mine.

    Hence, I will be waiting on the 4-hourly chart for a selling...  more