• Rayn Lim
    [Trading Opportunity Everywhere]

    If the Bearish Bat Pattern on the daily chart is not good enough for you(link within tradingview). The 1-hourly chart Bearish Crab Pattern would be a great setup for you. The completion point is at 134.24 and provides...  more
  • Rayn Lim
    [DOLLAR CRASH!? NOPE! NOT NOW!!]

    If you are on the Media, you would have heard that the DOLLAR is CRASHING, countries are ANTI-US DOLLAR, etc, etc...

    I don't see any crashes happening on the chart. It is important for independent traders like...  more
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  • Rayn Lim
    EURUSD sits within the resistance zone of the weekly chart, the long week had created an additional resistance level on the daily chart; even a break and close above 1.0485 happens, we have the Bearish Crab Pattern where we can catch the bearish move at...  more
  • Rayn Lim
    My analysis of this Bearish Crab Pattern still stands, but generally, I'm not optimistic when I see a series of consolidations happen before the completion of the Crab Pattern.

    Patience is Virtue.

    Let's see how this trading idea pans out.

    Live chart:
    ...  more
  • Rayn Lim
    Monetising on the idea that USDJPY has a completed Bearish Crab Pattern on the Daily Chart, I'm waiting for this odd-looking Bearish Shark Pattern to complete at 145.27.

    Normally, I wouldn't have factored in the fact of BOJ intervention that makes the...  more
  • Rayn Lim
    USDJPY's daily chart has a potential bearish crab setup and the 1hourly chart has a potential bullish crab setup.

    In the current timeframe, USDJPY has respected the HOP level and reversed, what interests me more is the buying opportunity it...  more
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    • Rayn Lim
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      • September 28, 2022
  • Rayn Lim
    With no mistake, USDJPY is on a Bullish Trend, but that doesn't mean we can't look for a counter-trend trading opportunity. We have a Bearish Crab Pattern completing at 135.58 on the 1hourly chart.

    On the 4-hourly chart, there is a potential Bearish Bat...  more
  • Rayn Lim
    USDJPY is on a strong Bullish Trend. However, counter-trend traders can wait for a retest at 139.11 to engage a shorting opportunity based on the Bearish Crab Pattern retest at the HOP level.

    A retest at the HOP level also means I'll be getting an RSI...  more