I always prefer to look at GOLD chart at the bigger time frame. It gives me a better picture. Let’s have a look at Spot GOLD (XAUUSD). Here is the Daily chart of Spot GOLD (XAUUSD). It is trading slightly below 1300 area. My immediate upside target is around the 1337ish which is also the […]
Bearish Gartley
$AUDUSD 02 April 2012
[tab: Asia morning] Positive China data over the weekend lifted AUDUSD during Asia morning. I am looking at 1.05ish as immediate target. And , also, if you pay closer attention, a potential Bearish Gartley is forming around 1.05 as well. Let’s see how it goes.
$USDSGD 21 Oct 2011
I don’t expect too much movement in the Friday afternoon (London session). So I will keep the chart for Monday to see if I still have good entry spot. $USDSGD is setting up a potential short opportunity at the current level. I wish I could write a thousand-word blog post to explain the setup to […]
$AUDJPY 28 April 2011
Here is the setup I mentioned in my tweet. Looking at the swing trade with targets around 8770 and 87. Setup is invalidated if 90 level is broken. Here is the…. CHART!
$EURUSD 12 April 2011
I am playing my plan here. EURUSD has made highs, and finally reach my defined supply level and a bearish harmonic formation has completed in weekly chart. I am at the SHORT side now. Let’s see how it goes. Here is the ….. CHART!
$EURGBP 24 Jan 2011
I have been looking at this chart since last Friday. Starting from 0.8540 will trigger my short. However, there’s also a possibility of running into 86 level where another bearish harmonic setup is formed. In short, currently, I am looking at the zone that contains confluence of bearish harmonic pattern, Fib levels and price resistance […]
