WengJeff

WengJeff Updated 

As FOMC data release, we see it push the price to the direction it should be go. I believe that with the right technical analysis, we can always predict the market movement even is a fundamental event released. Fundamental event is a market manipulation to stop hunt retail trader like us. By the end of the day, the price will still move to the direction it should...

WengJeff Updated 

AUDUSD expecting bearish momentum for now. 0.7490 had been a strong barrier. Price spike through and failed to close above it. Target will be at 0.7190. It also my FIB D-EXTENSION for now. Enjoy your day!

WengJeff Updated 

As EURJPY showing strong bullish momentum, D1 chart show a shooting star appear. What I expected is the price may pull back till 118.00. Weekly showing spinning top candlestick. Huge pressure at 122.00. EURJPY had been going bullish for past few week. It's maybe time for a pull back now. If the price really go my favour, I may short the pair. But still it all...

WengJeff Updated 

EURUSD is a mess for me now. Market had been declined and now it going sideway now. I been expect market may go to 1.0820 because it also my daily FIB 38.2% and key resistance level. Anyway The price already break 1.0657 resistance. As you guys can see, Higher Low forming at H4 chart, FIB 38.2% achieved at 38.2%. Target will be my D-Extension 1.0770. Stop will...

WengJeff Updated 

EURJPY had break my daily descending trendline, market are all the up now. Price found it resistance area around 117.50. I will consider to go with a long if the price pull back to create a higher low on H2 chart. Now the chart show it may go sideway for awhile. If the price go straight up and break 118.00 key level then I will make another long at there when the...

WengJeff Updated 

Gold may having a potential pull back from my key level 1200.0,we can see daily chart the price had been decline for almost 1000pips, the price may need to pull back, not sure where the price will pull back to but it may pull back to 1250.0. Another scenario is the price may break 1200.0 key level, then we will need to wait for a retest, find opportunity to short...

WengJeff Updated 

EURUSD had completed it -61.8% FIB Extension. What I expect the price is it may go back up to 1.0820 level, the key level 1.0500 is a strong support area that hold the price very well in the past. Another reason is the price was decline way too much, it may need to pull back, it the price break 1.0820, then it will head to weekly key level 1.0975. This is my...

WengJeff Updated 

Daily price had been decline after US election and M.A cross to downside. Looking forward for a pull back and sell again around 1250.0 - 1240.0. Target around 1200.0 key level.

WengJeff Updated 

M.A cross to downside. Price slow down at Daily key level 1.0820, expecting to break due to Weekly shooting star. I will wait for the price to break 1.0820 and make a sell trade after the price retest. First target will be 1.0730 . Second target will be 1.0590. Anyway we will need to see how the price action go.

WengJeff Updated 

Daily break descending trendline, potential retest for this one. H4 price starting to find its pull back near FIB 38.2% Expecting the price will go up to 117.40

WengJeff Updated 

XAUUSD ABCD pattern. Price find it C-Retracementat FIB 61.8%. As we can see the price are going consolidation/sideway, However the price broke my CTL and now the price are finding a nice level to retrace to go back down to my D-extension level. Expecting the price will find it resistance arouond 1255.0 - 1259.0. Let see how it goes and happy trading guys.

WengJeff Updated 

EURUSD have been bearish trend now. Daily candlestick show a bearish engulfing/marubozu. Expecting the market to go further down. Now we will need to be patience on the price to find it resistance or create Lower High. Happy trading guys.

WengJeff Updated 

Price for EURJPY 0.41% had squeeze into my trendline and support. Be patience for the price to break either upside or downside. Strong bearish momentum overall for EURJPY 0.41% . We still need to wait for the price to play itself. Anyway this is my prediction on EURJPY 0.41% If the price break the support 112.80 then go for short. If the price break the...

WengJeff Updated 

GOLD daily chart we can clearly see a resistance around 1351.00 - 1352.50 H4 candle starting to lose it bullish momentum and also Hanging man formed just right below the strong resistance. Not really a FIB guys for gold, but we can clearly see that price keep retrace on 78.6%. Happy trading and have a nice day

WengJeff

As long as EURJPY -0.21% Daily FIB is still under 61.8%, bearish momentum for me overall. H4 FIB showing the price are hold firm at 61.8% and also come together with my H4 resistance. H2 chart price action is another confirmation that doji candlestick pattern appeared just right below H4 FIB 61.8% Happy trading guys

WengJeff Updated 

Bearish engulfing appeared on Daily chart + strong resistance holding the price around 116.70 - 116.30. Price hit and starting to go bearish after hit my FIB 61.8%. Support now become resistance at H4 chart, Retest complete and sell high for now. Happy trading guys.

WengJeff

AUDUSD bullish momentum overall Daily with bearish engulfing + M.A crossover. H2 failed to break resistance and FIB 61.8%. Expecting downside target

WengJeff

PA just reached my 61.8 Fibo, Inverted hammer are form in h2 chart, potential long opportunity. HH and HL are still valid in this chart