• 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
    EURUSD is on a Bullish Trend in the higher timeframe, so this week, I'm waiting for a Buying Opportunity within the pair.

    The AB=CD harmonic patterns also align with the 4-hourly chart's support level.

    With that confidence in place, trading...  more
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  • 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
    If you compare the Daily Chart of both GBPUSD and EURUSD you would find that they have a very different trading setup.

    On the GBPUSD, we have an ABCD Pattern as a counter-trend trading setup. Conservative traders could wait for a pullback to recent...  more
  • Rayn Lim
    Before we go into the Shark Pattern, the EURUSD has a Bullish AB=CD Pattern on the daily chart and it's making a check back. This could just be 1 of the better setup that counter-trend traders can wait for a buying opportunity.

    Trend Traders have to be...  more
  • Rayn Lim
    On the higher timeframe I'm waiting for a shorting opportunity but on the 1-hourly chart, the ABCD pattern from within the buy zone, I'm waiting for the retest of the entry price to look for a buying opportunity.

    Join me at our 2-hour live Webinar, ...  more
  • Rayn Lim
    The 3 level that I was waiting for buying opportunities still stands and it's on my last week analysis, you may check the link below to refer on it.

    Right now, let's look at the #1 buying opportunity, the red and blue line will act as support and...  more
  • Rayn Lim
    A ranging market on USDJPY , there is 3 level of support or should I say a buying opportunity.

    The first one would be 106.99 as an immediate support level , breaking off that and closing below the support line I will be looking for a buying opportunity...  more