Hi guys its Brian here with a long opportunity for Amazon AMZN. Amazon was previously in a down trend but bounced off the previous resistance which became a strong support. The price is showing strong bullish momentum and possible profit targets could be 0.382 or 0.5 fib extension levels at 1923 or 2000 respectively. www.brianchai.com Free Facebook Trading Group
Hi guys its Brian here with another short opportunity with Gold XAUUSD. Gold has previously been on a strong uptrend from 1280 but hit a major strong resistance zone and is now falling back down sharply as seen in the long red daily candle. Furthermore you can also see Stochastic RSI in the overbought region and coming back down. Same with MACD histogram...
Hi guys its Brian here with another short opportunity. After breaking out from the consolidation zone, USDSGD went on to make its up trend completing its 5th impulse wave and reversing back down sharply after failing to break through the resistance zone. It is currently making its A wave correction and possible targets are 0.382 or 0.5 retracement...
The SP500 Index had a strong rejection after failing to get a clean break through the previous resistance at 2950 levels. The price level has now crossed below 50 days moving average and is testing the support/consolidation area. If the current support level does not hold, we could see a further move to the down side as bearish momentum has been building up since...
Hey there guys its Brian here. NEOUSD has been making higher highs and higher lows since start of the year and if current trend channel holds, it should continue to go up. Currently it has just bounced off the support and if the current support holds, there is plenty of upside. Risk to reward ratio of approximately 1:3
Hey guys its Brian here. Currently EOSUSD is at the consolidation range and may be ending its 4th wave correction. If current support holds, it could go up to the next target range or even higher.
Hey guys its Brian here with another long opportunity for you guys. Currently ADA has just bounced off the 0.618 fib levels which coincide with the ichimoku cloud support as well as the pitch fork support. So here we have triple support that held the price and its possible for ADA to begin to make its 3rd elliot wave upwards. Stop loss -...
Hey there guys its Brian here. Currently XLM is gonna reach support level soon on the daily chart. Not yet a good time to buy in but once we start to see it get into the oversold territory then it could possibly bounce off from there. We are going to want to see XLM bouncing off the support and potentially buying in there with stop loss below the support and if it...
Hi there guys its Brian here from Crypto Brotherhood. Currently we have a good long opportunity with Litecoin (LTC) forming a cup and handle formation on the 4 hour time frame. Overall the market cap for the whole of crypto market has seen a sharp rise from yesterday and this could be the start of the next run up. If we are to go long at current prices with stop...
Hi there folks its Brian here from Crypto Brotherhood. Currently on the 1 hour time frame, ETH has formed a bullish divergence on the RSI. Also the MACD is about to do a bullish cross over as well. The price is also currently resting in the short term support area as shown by the blue rectangle region. This is also the first time since 28th December that RSI...