AlanChinWengLon

AlanChinWengLon Updated 

- Channel pulling downward have strong support at 134.000 region. - There is a resistance that needs to challenge especially 135.000 region of trend channel and need to break upward to 136.000 region as a call for breakout. - 136.000 region need to be challenge with price action. Sell trade can be taken if the price action call for a sell trade temporary to...

AlanChinWengLon

Based on Supply N Demand technique , the possible entry due to continuous support n resistance plus a drop base drop pattern nearby 109.760. A high potential SELL at this zone as it confluence with the other SNR zone and quasimodo, fakeout and compression pattern. This pattern possible is under the category of Quasimodo where in H4 a high and higher high plus a...

AlanChinWengLon

Trendline break , arrived resistance zone , wait for price action to form , wait for sell

AlanChinWengLon

If Bank of Japan intervene due to high demand of Yen and many people seems gonna put it as a safebox , think again. Yen reached the furthest so far and for setup Supply and Demand , it will back to 100 Yen over MYR3.20 for the next year or two.