• Rayn Lim
    GBPUSD's key resistance on the daily chart is at 1.1759, which coincides with the 4-hourly chart bearish shark trend trading setup.

    This allows me to expand my profit-taking level. Something for you to consider.

    Live chart:
    ...  more
  • Rayn Lim
    Aggressive Counter-Trend Traders, you might have an opportunity to engage GBPUSD on a buying opportunity.

    Why is that an aggressive move?
    That's because there is no structure or support looking left.

    At the minimum, wait for a 3-bar reversal before...  more
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  • Rayn Lim
    GBPUSD is on a bearish run; I know counter-trend traders are waiting for the opportunity to engage in the trade.

    You must be patient; wait for a 3-bar reversal before engaging in the trade.

    Live chart:
    ...  more
  • 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 are looking for an aggressive buying opportunity, you can wait for a retest on the trendline retest. As long as the candle didn't break and close below the trendline, you can consider a buying opportunity.

    Join us in our next webinar as I will...  more
  • Rayn Lim
    From a longer-term perspective, I'm looking for a shorting opportunity but as of now 1.1847 is the level I'm waiting for a buying opportunity.

    The 1st Target will be on the immediate high and the 2nd Target I'll be doing target extension.

    Join us in...  more
  • Rayn Lim
    If you are looking for an aggressive buying opportunity, you can wait for a retest on the trendline retest. As long as the candle didn't break and close below the trendline, you can consider a buying opportunity.

    Join us in our next webinar as I will...  more
  • Rayn Lim
    USDJPY is moving slightly higher and higher each day, this may sound like a Dollar optimises but I can assure you the big picture is the exact opportunity. At this moment I'm just going to play along. I'll short when the market retraces back to 109.76...  more