BoonHooi

BoonHooi

AUDCAD completing a Bearish Bat at the 0.9050 zone. The Daily chart is also showing us a Bearish Divergence on the RSI. I would be looking into the lower timeframe for a short entry

BoonHooi

In view of the potential support of the Dollar Index at 105.00/50, this would be in line with the idea of going short on GBPUSD next week. I would wait for a candle rejection a tthe 1.22 levels to go short on this pair. Both the daily and weekly RSI at the overbought zones. Let's watch this trade together.

BoonHooi

A friend just asked my about my views on GBPSGD This pair has been well resisted by the 1.8250/1.8300 levels since it dropped below it since Sept 2018. It is now approaching this Sell Zone again. I am expecting it to be resisted again. Spotted a Bearish Bat pattern, completing close to the 1.82 levels

BoonHooi

After capturing past of the big drop in gold after the Bearish Butterfly Pattern (See related ideas). Prices has approached the Buy Zone. Hopefully it can retest the Buy zone again for a Long at a 'nice' price

BoonHooi

Spotted a Bullish Bat pattern on the pair. Ideally price comes back to test the buy zone for a buy. Monitoring closely next week

BoonHooi Updated 

Spotted a Bearish Bat on the H1. Will consider a short if the candles show me a reversal pattern (rising wedge) Else this pair could go all the way up to 1.5670

BoonHooi

Caught the earlier Bearish Bat pattern last week. And now see another Potential Bat in the making. Will only be interested to sell around the 137.00/20 levels. Let's track this and see what happens

BoonHooi

Spotted a Bearish Butterfly Pattern on the Gold charts + Bearish RSI Divergence + Rising Wedge on the H1

BoonHooi

Now I am kicking myself in the behind !! We should have seen this opportunity for Zoom Technologies. The nasty pandemic would have driven everyone towards online communication. To top all of that, there was even a Bullish Bat pattern formed from the first day Zoom when IPO. It even came back down to test the PRZ for a Type2 Entry NOT advertising or anything...

BoonHooi

Was chatting with an old friend and guess where we worked together last time ? No points for guessing. Harmonic Patterns we originally created based on the studies on Stock prices. So yes it does work on Stocks & Indices too I see two possibilities: 1. Bounce off the ABCD pattern at $3.00 2. Head slightly lower to complete the Bullish Crab Pattern at $2.84,...

BoonHooi

Spotted this pattern for a completion lower at around the 9200 levels I might start looking at Crypto more often

BoonHooi

There is a Bullish Shark Pattern on the EURUSD. Price has paused close to the PRZ and today, it has completed the Pattern.

BoonHooi

The USD has been on a bullish run this past weeks. Most other currency falling against the USD. Spotted a Bearish Shark pattern completing higher. Another area where the DXY can turn could be at the recent highs. Let's see and track this move on the USD together

BoonHooi

Just looked at the daily chart, seems that we could be on the start of a new down trend Too much news coming out of the US: Sino-US trade war, Presidential impeachment, Iran bombings etc etc I just look at charts these days

BoonHooi

Spotted a bearish Gartley Pattern, in line with the bearish bias. Completing about 15pips higher (at the time of posting)

BoonHooi Updated 

Spotted a Bullish Bat Pattern on the 15min chart. This will probably be an intraday trade, so if you follow this make sure your stops and targets are placed appropriately

BoonHooi

Bat Pattern completing higher. Will monitor to see if this pair goes to my entry zones

BoonHooi

Trading what I see, a Bullish Butterfly with a Bullish Divergence on the RSI. Great Risk to Reward Trade