• Rayn Lim
    [ Overall Bullish, But I'm Countertrending This Trade]

    GBPUSD is currently experiencing an overall bullish trend, as evident from the Weekly Chart (right) showing bullish movement within the Buy Zone.

    ⛔️ However, as a Counter-Trend Trader,...  more
  • Rayn Lim
    [Dollar-Yen Remains Bullish]

    The analysis on USDJPY remains bullish, but for now, we're on the lookout for counter-trend trading opportunities.

    The Bearish Fib-3 Bat Pattern at 149.15 offers a potential shorting opportunity, although it...  more
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  • Rayn Lim
    [Bullish Run Persist]

    I don't see how the USDJPY movement will turn bearish this week. I will focus on the buying opportunity at the support at 143.20 or a trendline retest. Both would require a Magic Candle Confirmation before engaging in the...  more
  • Rayn Lim
    [Identify Trend, Fast]

    This is how I've identified the GBPUSD is going higher than most traders. If you look at the weekly chart, you would have spotted that the candle broke and close above the previous high; that gives me a sign even before it broke...  more
  • Rayn Lim
    [Bullish Trend!]

    Finally, with a violation on the GBPUSD Weekly Chart, trend traders can now long the GBPUSD at ease.

    I will wait for a retest at 1.2696 on the GBPUSD 4-hourly chart for a buying opportunity.

    If you are waiting for a counter-trend...  more
  • Rayn Lim
    [How to Trade the Dollar Both Ways - Bullish or Bearish]

    US Dollar has been in focus recently due to several factors such as debt limit concerns and bank failures. However, my analysis indicates that the Dollar is still bullish and I'm looking for a...  more
  • Rayn Lim
    [Why News Headlines Can Be Misleading]

    In recent times, we have been bombarded with headlines such as "Dollar Slide", "US Debt Ceiling Closing", "US Bank Failure", "19 Countries show interest in joining the BRICS".

    While these news items may give the...  more
  • Rayn Lim
    You have seen how the Fib Extension work in an amazing manner(check out related ideas within the tradingview post USDJPY - Fib Extension) it will allow you to capture 149pips of profit just by doing that.

    My analysis on USDJPY remains bullish; one of...  more