NZDUSD has reached the top of the box (BOS), and it is about to fall. Wait for the price to reach Fib 0.382 (0.64646) or Fib 0.5 (0.64771), get confirmation, and short to 0.63722 since it is the price with most volume. It may keep going down to the bottom of structure 0.62277. We will see. Have fun Traders!
EURNZD is approaching the confluence area where trendline and support (order block) join. (1.67420). Wait for confirmation in this area and go long to 1.96500 as PT. Have fun, Traders!
EURNZD is in an upward channel. It should sideway for a while until it hit the bottom channel then going up. From a top-down multi time frame analysis you can tell that it is in an uptrend. Let's wait and see. Have fun Traders!
CHFJPY is in a structure and has hitted the top border and made a "spring". It should go down to the bottom of the structure. Go short for now and the Profit Target is the bottom. Once it hits, should bounce back and sideway for a bit. It is just my idea for your reference. Good luck Traders!
AQB seems to form a triangle (if it doesn't break out off the previous high). If it falls to the edge of the triangle and bounce, add more position. ARK Cathie bought 16M shares so she should take good care of her money (see my previous idea). Most of Cathie's picks are up (CSTL, CRSP, CDNA, EXAS, TDOC...) . AQB is just in the beginning stage. Lots of room. If...
AQB seems to reach the bottom and on its way up. Look like it is in an Elliott correction wave. Even if it drops it should be back up again since it should already pass the lowest point. 4 hr RSI does not reach overbought yet. ARK Cathie bought 8M shares twice at average $5.58 & $8.75. Under these conditions the bull should be on. If you liked this trading...
It has reached 0.5 Fib retracement level and is about to go up. Today (June 4) it hits 0.236 Fib extension which is 218.84. If everything goes well, profit target is 227.30 which is the 1 Fib extension level. In 30 min chart the RSI is above 50. MACD and signal lines are above 0. We still have room to move up. With Munger and Al Gore taking position on BABA, ...