• Rayn Lim
    EURUSD has a continual appreciation of the upside. The counter-Trend trader could wait for a double top set up at 1.1977 with an RSI Divergence for a shorting opportunity.

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  • Rayn Lim
    Having Bearish Butterfly reaching its first target and bounce back to the previous hight at the HOP level shows that the resistance is still in play. At this moment we have a descending triangle within a potential bullish shark pattern that I've planned...  more
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  • Rayn Lim
    EURUSD is at the resistance level of the sell zone, a bearish engulfing candle would seal the deal of getting me to short the trade as a trend trading setup.

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  • Rayn Lim
    EURUSD is at daily chart structure high which gives counter-trend traders a good opportunity for shorting opportunity. Trend Traders can wait for candle consolidation at 1.1814 for a buying opportunity.

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  • Rayn Lim
    EURUSD on the daily chart has just retest the previous low, traders who are looking for a shorting opportunity could wait on the trendline on the 1hourly chart to short if the candle didn't break and close above the trendline or wait for the market...  more
  • Rayn Lim
    As EURUSD had a check-back on the bearish shark pattern, there are 2 major prices that I am waiting for the shorting opportunity.
    The first level I'm waiting to short is the previous high at 1.1873, traders might see it as a retest of resistance and head...  more
  • Rayn Lim
    Having a NO Brexit Deal, I do expect Euro to fall than to rise when Monday market opens. A great scenario is to wait for the market retraces back into the sell zone for shorting opportunity or wait for a break and close below the lowest low(1.1688) for a...  more
  • Rayn Lim
    On Friday, there is a steep Euro appreciation, a market retracement is a common scene, I'm waiting for the trendline break for a shorting opportunity as a counter-trend trade.

    My bias for EURUSD is to look for shorting opportunity, so even if the market...  more