• Rayn Lim
    USDJPY is a quiet pair, the red box indicate the level of the selling opportunity I am waiting for. Remember, when market consolidate it has potential on a harmonic patterns setup. You just need to be patient and wait for the trading opportunity.

    These...  more
  • Rayn Lim
    On the daily chart , there isn't a distinct trend as there was a sideway expansion that broke both support and resistance level, we need 2 breaks and close below the low or above the high to have a trend.
    Recently the 4-hourly chart also has a sideway...  more
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  • Rayn Lim
    Bullish run on USDJPY as well, I am more comfortable to wait for a buying opportunity when the market gets between the red moving average and the bullish trendline. I will need a candlestick confirmation indication for the buying opportunity.

    These...  more
  • Rayn Lim
    I had sent this Bullish Gartley Pattern setup to our community and we are certain that every single of them are smiling from ear to ear. The link at the bottom was the analysis I've sent out.

    While many harmonic patterns trader had exited this trade, we...  more
  • Rayn Lim
    During Wednesday Midweek Market Analysis, we did talk about this didn't we?

    The double top was there at 107.54, I've shared that it has to touch 107.33 and wait for a rebound before I will be interested to short at 61.8%-78.6% rebound. See what happen...  more
  • Rayn Lim
    This is the fourth consecutive harmonic patterns and previous 3 patterns are all winners, namely the shark pattern, butterfly pattern , crab pattern and now the Gartley pattern . It's amazing how this was setup.

    Always remember, consolidation breeds...  more
  • Rayn Lim
    A bullish bat setup on the 1-hourly timeframe, well yes it is still valid. GBPAUD has to be treated as the notorious kid in the family, hope this give you the drift. Rebellious, not following the social norm(trading expectation), but it will get...  more
  • Rayn Lim
    A TypeII Bullish Butterfly Pattern setup for a buying opportunity and if the market head up we have a bearish crab setup waiting for us, it will be an interesting week ahead.

    These days, I spent about 30 minutes a day in front of my computer to analyse...  more