• Rayn Lim
    Trend traders could wait for the market to retest on the upper trendline of the bearish channel for a shorting opportunity.

    Counter-trend traders could wait for candlestick pattern confirmation to long EURUSD based on the Bullish Deep Crab Pattern that...  more
  • Rayn Lim
    After the Bearish run from the Bearish Crab Pattern, the market may consolidate at 1.0500 before the next move. At that level, there is a Bullish Bat Pattern that traders can wait for a counter-trend trading opportunity.

    Conservative traders could wait...  more
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  • Rayn Lim
    A Potential Bearish Shark Pattern may form up at 1.0823. What I will be focusing on will be the candlestick pattern formation at PRZ. If the candle touches 1.0823 but didn't break and closes above 1.0805, I will expect a stronger bearish move, and that...  more
  • Rayn Lim
    If you have been following my analysis, you would have known that it is unusual for me to share a Weekly Market Analysis on a 15minutes chart.

    A Bearish Butterfly Pattern complete at 1.0788 for a shorting opportunity. If this became a valid setup, I...  more
    • Rayn Lim
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  • Rayn Lim
    EURUSD is on a Bearish Trend. If the market retest and reverses at 1.0595 show that the market could have a strong continuance of the bearish run. If the market extends to 1.0730 and consolidates, it shows the potential of a Bearish Deep Crab Pattern. I...  more
  • Rayn Lim
    GBPUSD has broken and closed below the channel, trend traders can wait for a retest of the channel for a shorting opportunity.

    Counter-Trend Traders can wait for the market to consolidate at 1.2796 and wait for a 3-bar reversal to long based on the...  more
  • Rayn Lim
    There is a bullish flag pattern on the USDJPY daily chart, however, I'm looking to buy lower the flag pattern and engage the buying opportunity on the Deep Bullish Crab Pattern's HOP level that completes at 112.65.

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    ...  more
  • Rayn Lim
    Having the Weekly Support level 1.3606 turns into the Key Resistance Level, GBPUSD is set for a ride down for the foreseeable future.

    I'm waiting for a shorting opportunity when the market retest 1.3606. Another shorting opportunity could be the bearish...  more
    GBPUSD - Weekly Market Analysis - Oct21, Week2 on Vimeo