Do you trust trend lines only or will you look at other input?

Yangzijiang Shipbuilding. YZJ has a very prominent triangle which hints bearish. Yet the stock has printed a new 52-week high. How will readers tackle conflicting signals like this? Also case study of Starhub.

WTI chart with the 3-month candles looks bearish

If WTI bulls are lucky, WTI 'rallies' one more time to test former resistance/support at 51.40. If not, we should be inspecting price action at trend line soon.

NZDUSD high probability setup printing continuation pattern

NZDUSD is a loss leader following yesterday's gapping episode. Zoom out the daily time frame picture a little and a high probability setup jumps out visually. I am looking for the next shoe to drop on NZDUSD.

Follow through the forex gap or close it? What’s your take?

Look at EURUSD, AUDUSD, HSI and DXY. Despite 'risk-on' gap up today, big picture setup hasn't changed one bit. I think Dollar still up, indices still down.

XLE ‘buyer’s remorse’, loses post-Trump election gains

There is a distinct bearish divergence between XLE (Energy Select Sector SPDR ETF) and WTI. XLE has completely reversed it's post-Trump election gains and is now in the red.

What happened to GBPJPY? Is it still bullish?

GBPJPY printed a false trend line break signal on 31 March 2017 but immediately unbroke the next session. It's trend is still falling. In addition, market sentiment changed in April. GBPJPY driver is now JPY, not GBP.