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[Bullish Run Persist]
I don't see how the USDJPY movement will turn bearish this week. I will focus on the buying opportunity at the support at 143.20 or a trendline retest. Both would require a Magic Candle Confirmation before engaging in the... more[Bullish Run Persist]
I don't see how the USDJPY movement will turn bearish this week. I will focus on the buying opportunity at the support at 143.20 or a trendline retest. Both would require a Magic Candle Confirmation before engaging in the trade.
If you are waiting for a counter-trend trade, the Bearish Bat Pattern on the daily chart(right) 149.12 seems like a better trading setup than the AB=CD Pattern.
If you love what you are seeing, remember to follow my only account, raynlim
Live chart:
https://www.tradingview.com/chart/USDJPY/4D2Dbg55-Bullish-Run-Persist/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#USDJPY #trendline #supportlevel #trendcontinuation #trendtrading #harmonicpatterns #countertrend #bearishbat #batpatterns #candlestickpattern #candlestickanalysis #supportandresistance less
https://vimeo.com/839488976
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[Identify Trend, Fast]
This is how I've identified the GBPUSD is going higher than most traders. If you look at the weekly chart, you would have spotted that the candle broke and close above the previous high; that gives me a sign even before it broke... more[Identify Trend, Fast]
This is how I've identified the GBPUSD is going higher than most traders. If you look at the weekly chart, you would have spotted that the candle broke and close above the previous high; that gives me a sign even before it broke the current structure, and I've been saying that for over a month now.
I'm focused on getting the buying on the buying opportunity.
There are 2 buying opportunities I'm focusing on.
A retest on the trendline on the daily chart is needed would be the magic candle confirmation.
A Bullish Gartley Pattern trading setup that confirms at 1.2673.
What are your thoughts on the GBPUSD?
Live chart:
https://www.tradingview.com/chart/GBPUSD/w35vIHNM-Identify-Trend-Fast/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat
https://discord.gg/AKDr9vPqH7
#GBPUSD #bullishgartley #trendline #trendcontinuation #demandzone #support #supportandresistance #harmonicpatterns #candlestickanalysis #candlestickpattern less
https://vimeo.com/839488915
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[Dollar Bias!]
My Bias for Dollar Appreciation started on 14 Oct 2021; it has been right after all. The leading trade I'm looking at is a buying opportunity on the 1-hourly chart, left and might keep my final target open and observe the candlestick pattern... more[Dollar Bias!]
My Bias for Dollar Appreciation started on 14 Oct 2021; it has been right after all. The leading trade I'm looking at is a buying opportunity on the 1-hourly chart, left and might keep my final target open and observe the candlestick pattern movement when it approaches its new resistance level.
If you are looking for a counter-trend move, I've something for you. A Bearish Butterfly Pattern that seems to complete at 141.65; in order for this trading setup to complete, the candlesticks pattern must touch 141.51 within the next 2 candles, which means within 8 hours after the market opens.
If you love what you are seeing, remember to follow my only account, raynlim
Live chart:
https://www.tradingview.com/chart/USDJPY/dZ8faKV2-Dollar-Bias/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat
https://discord.gg/AKDr9vPqH7
#USDJPY #supportlevel #trendcontinuation #trendtrading #harmonicpatterns #countertrend #bearishbutterfly #butterflypatterns #candlestickpattern #candlestickanalysis #supportandresistance less
https://vimeo.com/837286042
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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... moreThis 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 close above 1.2605 occur, I will wait for an M.C confirmation at 1.2659 on the ABCD pattern.
Both of these Harmonic Patterns are counter-trend moves. On GBPUSD, that means a pullback trade. Overall, my sentiment remains bullish on the GBPUSD.
Live chart:
https://www.tradingview.com/chart/GBPUSD/Zu5kpHCV-Counter-Trend-Move/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat
https://discord.gg/AKDr9vPqH7
#GBPUSD #countertrend #bearishgartley #gartleypattern #bearishabcd #abcdpattern #harmonicpatterns #candlestickpattern less
https://vimeo.com/836856639
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[Expect a pullback]
Overall Analysis on EURUSD is still on a Bearish Move; however, this week, I expect a substantial pullback(bullish movement on the EURUSD off the lower timeframe.
If you are looking for a buying opportunity, wait for the Bullish 5-0... more[Expect a pullback]
Overall Analysis on EURUSD is still on a Bearish Move; however, this week, I expect a substantial pullback(bullish movement on the EURUSD off the lower timeframe.
If you are looking for a buying opportunity, wait for the Bullish 5-0 Pattern to be completed as early as 1.0723.
Live chart:
https://www.tradingview.com/chart/EURUSD/KxgAba0z-Expect-a-pullback/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#EURUSD #countertrend #bullish50 #50patterns #harmonicpatterns #bearishshark #sharkpatterns #candlestickanalysis #candlestickpattern less
https://vimeo.com/836739360
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[It's Merely a Retracement]
In a world where media and forums express bearish sentiments towards USDJPY, my unwavering bullish stance may have caught your attention. While others see a bearish retracement, I invite you to see the bigger picture.
Take a... more[It's Merely a Retracement]
In a world where media and forums express bearish sentiments towards USDJPY, my unwavering bullish stance may have caught your attention. While others see a bearish retracement, I invite you to see the bigger picture.
Take a glance at the weekly chart on the right, and you'll witness the bearish movement as nothing more than a mere retracement of the monumental US dollar skyrocketing trend I accurately predicted on 14th October 2021. It is this understanding that fuels my anticipation for an imminent buying opportunity.
My attention is fixed on the 1-hourly chart on the left, where the market is poised to retest the crucial level of 137.46. This critical juncture presents the ideal scenario for a potential buying opportunity, perfectly aligning with the formation of a Bullish Bat Pattern.
While others succumb to pessimism, I see the hidden potential for USDJPY to surge once again.
Live chart:
https://www.tradingview.com/chart/USDJPY/CKpHVw2l-It-s-Merely-a-Retracement/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#USDJPY #bullishbat #batpatterns #harmonicpatterns #candlestickpattern #candlestickanalysis #supportandresistance less
https://vimeo.com/828795030
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The analysis on USDJPY remains bullish, but for now, we're on the lookout for counter-trend trading opportunities. 
Current Situation: No favourable buying opportunity on GBPUSD, but counter-trend trading possibilities exist.
Retest of Double Top: Watch for a retest of the double top pattern completing at 1.2745 on the 4-hourly chart.... more 
Market Reaction: As two trader groups converge at 1.2745, expect heightened volatility and rapid movements. Stay prepared! 
Trade Strategy: Exercise caution with counter-trend trades. Set conservative targets and manage risk effectively. Scale in wisely. 
Stay Vigilant: Continuously monitor price action and adapt your approach as the market unfolds. Protect your capital! 
