• Rayn Lim
    On the Daily Chart (right), we have the potential Bullish Flag Pattern forming. If Flag Pattern didn't happen, a retest on the support line at 1.1937 with an RSI Divergence gives traders who are looking for a buying opportunity a push to enter the...  more
  • Rayn Lim
    I've mentioned for the longest time that the USD will keep appreciating, just look at USDJPY. There might be a chance of a retracement happening this Thursday, 2am(GMT+8) when the US bank interest rate is released, and if the movement break and close...  more
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  • Rayn Lim
    A Bullish Shark Pattern trading opportunity presents itself at 1.3567 for a trend trading opportunity within the Bullish Flag consolidation zone within the 4-hourly chart.

    If you have seen last week video, you would have spotted the trading setup and...  more
  • Rayn Lim
    USDJPY is at its consolidation phase. The overall setup tends to have a Bullish setup. On the 4-hourly chart, you can wait for a Bullish Gartley complete at 114.00.

    If you are an intra-day trader, you can consider engaging the Bullish Flag trading...  more
  • Rayn Lim
    USDJPY is one of the rare charts that has all three Major timeframes, namely the Daily, the 4-hourly and the 1-hourly chart in Bullish Trend.

    While the 4-hourly chart has a Bearish Head and Shoulders setup, at this moment the structure holds.

    Trend...  more
  • Rayn Lim
    USDJPY Flag Pattern stands, but it took a turn and change to the flag pattern with retracement and not the high and tight flag pattern.

    Base on the 4-hourly chart, it has broken and closed above the channel, but it does break and close below the channel...  more
  • Rayn Lim
    On the daily chart, EURUSD has broken and closed below the support. However, the 1-hourly chart presents a different view.

    There are 2 potential development over here
    1) A sideway bounce setup that gives selling opportunity on the red line and buying...  more
  • Rayn Lim
    Last week I've shared with you the potential of EURUSD to have a bullish movement once it breaks and closes above 1.1704. I hope you have managed to capture it. If you have missed it you can wait for the reversal candle to form between...  more