kingkong_888

kingkong_888

I'll still be looking for sell opportunities as long as we break the 4hr consolidation box. There is a 40 pips range down so no hurry to get into a position on the first breakout.

kingkong_888

Continuation of sell bias for GJ here. I don't trade against my week view so waiting for further confirmations for sell entries.

kingkong_888

Weekly -boxed up and ranging Daily - trapped in weekly range box but slight short momentum 4hr - waiting to retrace and reject higher for continued shorts

kingkong_888

It's likely that the first 2 coming days will be no trade days given how its month close and month start. All said, we have a green candle close on weekly following up on the prev green candle formed on weekly support. I'll be expecting continuation of the bull structure unless structure changes otherwise.

kingkong_888

Still stuck in a 4 hr range. (btw yellow lines) Some positive news on bloomberg on the evergrande issue might give us some strength to continue back up. A new higher low seems to have taken support at 149.4. (white line) We can try for risky buys up to the top of the 4 hr range. If we see this 30min/1hr close above 149.7. Safe buys will still be breaking and...

kingkong_888

Weekly/Daily: Bearish bias 4hr: If we looked left, 149.5 is an area we've bounced off a couple of times. What we know is that we're in a bearish momentum but seem to be consolidating at this point of time. 1hr: Seeing some retracement upwards currently. I would like to wait for a higher low formed on 1 hour before considering buys. For sells, if we break...

kingkong_888

Weekly/Daily: Bearish bias 30min: Highlighted some yellow boxes here. You can see that there has been a couple of straight red candles(impulse) earlier on. Thereby, not a surprise that we are consolidating at this moment. (candles side by side) We might try to retrace higher so the areas I'm watching for rejection are the yellow boxes. If we fail to create...

kingkong_888

Simple one today. Break out of range and retest will be good signs. Watch the blue boxes when London opens!

kingkong_888

Still having a bearish bias based off HTF. See comments on chart for further details on what I'm looking out for. Stay safe and trade safe. Cheers!

kingkong_888

Yo folks. With the CPI news last night, GJ went on a dump. We've cleared the 4hr consolidation ranges now and if you're interested in a swing. I reckon an entry similar to what I've got on the charts ain't too bad. If you've seen my weekly chart earlier on, I was talking about having a bearish bias. Here we go.

kingkong_888 Updated 

On the 1hr TF, we can see higher low and higher highs beings held. As we go into London, it's likely we will to test the orange line (152.23) which is also confluence with the 4hr resistance. If we have candles closing above orange line, we can try a scalp buy upwards.

kingkong_888

Monthly: Was on a steady uptrend but have been consolidating in the last couple of months. Last few months was a bearish pullback off the large bullish we had earlier on. So far this month, we've yet to create a monthly bottom wick. We have a minor monthly support at 150.80 and have so far been holding above it. Weekly: We see lower highs and lower lows. Last...

kingkong_888

Sorry guys for the lack of updates. I've been especially busy dealing with crytpo recently. So a quick on today. We have a bullish trend with higher highs and higher lows forming. Thereby I have a bullish bias. 152.2 will be a key level for us to break as we go into london. If we have 15/30 mins closing above it, we can grab a 10-20 pip scalp up. Shorts might...

kingkong_888

Weekly: Current on a downtrend and testing the bearish line. Rejection means continuation down to create a lower low. Daily: Previous daily was a red candle forming resistance at the bearish trend line. It is likely that we do at least retest the 2 yellow box areas and reject if we want to go up. 4h: Broke downwards, a retest of the red box will give...

kingkong_888

Weekly: Closed previous week right at previous weekly support area. Trend is bearish, but won't be surprising to see a bounce off the support area. Bounce continues. Daily: So we continued bullish yesterday and broke through a minor resistance. I think we're trying to find support at the green box so that we can continue up. 4hr: We broke out of a 4hr range...

kingkong_888

Weekly: Closed previous week right at previous weekly support area. Trend is bearish, but won't be surprising to see a bounce off the support area. Bounce continues. Daily: Yesterday was a weak green candle, rejecting the green line resistance. While we are bullish right at this moment. We continue to maintain the higher tf bearish structure, no higher high...

kingkong_888

Weekly: Closed previous week right at previous weekly support area. Trend is bearish, but won't be surprising to see a bounce off the support area. Daily: Yesterday we closed green and hit the yellow resistance area. Today we pushed up continuing the bullish retracement trend but got rejected at a minor level (green line). Overall trend remains bearish, we've...

kingkong_888

Weekly: Closed previous week right at previous weekly support area. Trend is bearish, but won't be surprising to see a bounce off the support area. Daily: Previous daily closed red doji - potential reversal sign. We kicked off today with a strong green candle pushing into the yellow box zone. (resistance) 4hr: Currently bullish but note that we're hitting the...