kwonyoo

kwonyoo

On daily chart, triangle pattern was spotted for bearish continuation. As you can see from the supply zone, it hit equilibrium 50% and showing a rejection momentum. Expecting to fall to clear out liquidity at B point.

kwonyoo

On 4h, I see Equal Low liquidity that hasn't been taken out yet. Seeing strong rejection candle formation at supply zone. On 15m, BSL was taken and had quasimodo pattern on 1m. Expecting Dow, Nas, SPX falling next week before bullish rally.

kwonyoo

As you can see from the structure, I am seeing a rejection candle on 4h supply zone. There is also a Equal Low liquidity that has not been taken out yet. On LTF at 1m, I saw bearish quasimodo pattern. My bias is last weeks bull run was just a manipulation of the market and as the BSL is taken, I am expecting it to clear the liquidity below EQ Low at Demand...

kwonyoo

As oil has been rising, CAD gained power and showed bearish movement on UC. As you see on the chart, we are also at the demand level and seeing oil reaching resistance level, I am expecting UC to go higher next week. Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I recommend to move SL to BE...

kwonyoo

AU, just like EU and GU has been downtrend for awhile. It currently shows two way direction. Will carefully monitor how it acts up on Market open and will post an update. Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I recommend to move SL to BE after 20 pips in profit for risk free trade. It...

kwonyoo

GU has been downtrend for few months and has broken triple bottom support on Sept. 28th. Last week, GU had correction movement up to 50% of Daily imbalance candle that broke out and retested. We can now see GU falling in upcoming days. *This is long swing trade that can take weeks or months. Trade at your own risk. If you are in profit, move SL to BE for risk...

kwonyoo

As you see on the chart, last week we have broken strong double bottom support from last year, retested and went down and got rejected on minor support area but as you can see it also is retesting minor resistance area and we can expect fall for long swing opportunity. *This is a long swing trade that might take weeks or months. Trade at your own risk. If you...

kwonyoo

After breakout of uptrend and retesting, it created triple bottom and failed to reverse to uptrend and broke the triple bottom support and has retested. Once bearish momentum shows on 4h, I will be entering short for a long swing trade. Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I recommend...

kwonyoo

We have finally broken the major key support area and have retested and it is showing rejection at 38.2 fib level. Once there is bearish momentum and break of neckline on 1h, I will be entering short for long swing. Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I recommend to move SL to BE...

kwonyoo

AU for me still is bearish sitting under the 200 SMA. As market structure shows bullish momentum I am waiting for either confirmation before entering the trade. Break below minor support for short or break above previous LH resistance for long. Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I...

kwonyoo

UCAD broke out of bull flag and has made structure. Will be entering once it reaches 61.8 area (might bounce from 50 area)

kwonyoo

AU has also broken strong support zone which aligns with 61.8 like other major xxxUSD pairs. Waiting till it reaches and retests area to enter sells.

kwonyoo

GU finally broke triple bottom support area and has not yet made retracement. Expecting to retrace to 61.8 which aligns with the strong support now turn to resistance.

kwonyoo

EU just shot down without proper movement. Updating entry area where it can retrace up to. Green zone is my sell zone which is between 50-61.8 golden zone. SL is just above 78.6 area and final TP will be 1.08.

kwonyoo

USDCAD broke out of downtrend channel or bull flag. Waiting till it retests top of trendline it broke which aligns with support area as well as 50 fib level. Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I recommend to move SL to BE after 20 pips in profit for risk free trade. It is your...

kwonyoo

NU has finally broken support just like GU. Waiting till it retraces to 61.8 and take short. Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I recommend to move SL to BE after 20 pips in profit for risk free trade. It is your choice to get in retracement trades as I only trade with the trend.

kwonyoo

Just like EU it broke Daily uptrend long ago and retested many times but is moving downtrend slowly. It finally broke triple bottom pattern with Head and Shoulder pattern. Waiting for retracement to 61.8 level to enter short. As you can see on the chart it has been making LH LL LH LL and 61.8 level would be new LH. Trade is invalid if it breaks the minor...

kwonyoo

EU on daily has already broke uptrend and retested and created double top and double bottom as well. Expecting to retrace to neck level to fall and break major key support zone and then we can enter for long swing trade. Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I recommend to move SL to BE...