ChinaHelloWorld

ChinaHelloWorld

The price is currently staying between two important support levels. And a possible side way channel bottom line area. Possible looks for a long trade at this stage in a middle long term.

ChinaHelloWorld

Looking for long CADJPY after a possible 50% retraction. This only cover one of the possible scenarios which could be safe for long. It is not must to be.

ChinaHelloWorld

Next important support level is 1.2998, current price is very close to this level. There are multiple ways of predict lines crossing point stay in 1.2998. Maybe have open a long trade in this level.

ChinaHelloWorld

The main direction is still looking for North. But now it maybe not a good chance to open trade. Need to wait until break out patterns shown or the price retract to a better position levels such as 50% retraction.

ChinaHelloWorld

Main direction will still assume to be North. Long trade will be the most resent goal. But it still has possibility turn to South. Now it would not be a good time to open trade. We need to wait until clear candel patterns shown and break out movement to approve the main direction.

ChinaHelloWorld

The price break out the short term up trend line. It is possible running inside a big long term down channel. Corporate with AUDUSD with similar rythm.

ChinaHelloWorld

Looks a 5 Elliott waves finished. Short.

ChinaHelloWorld

Price moved outside the short term down trend line. Retracted back to the previous down trend top as support line now. Maybe open long trade now. Similar as GBPJPY.

ChinaHelloWorld

Multiple support lines area. Maybe open long trade again.

ChinaHelloWorld

It could be a sideway trade in two directions.

ChinaHelloWorld

The stoch is in over bought level and turned. The short term up trend line has been crossed and the price has no much moving at this moment. it is pending too long without moving further North. The price would retract to South in short term. So, maybe take profit for the opened long trades and wait entry again after price completed the retraction. Or...

ChinaHelloWorld

USDCAD is inside a short term down trend channel. It has tried to break through an important support level to South and now performed a little bit retraction. Predict it will still follow the down trend. Short in multiple retraction levels.

ChinaHelloWorld

GBPJPY would retract a little bit to perform a Flag pattern, then continue the original trend direction to North until touching the long term down trend channel top line area. Maybe enter long trade near the Flag pattern bottom line, or after price break through the Flag pattern.

ChinaHelloWorld

The middle term resistance level has been touched and break through at this moment. the middle term down trend line has been break through. A long term down trend resistance line ahead. The CADJPY would continue going North. Looking for big North movement in long term.

ChinaHelloWorld

It could be a wedge sideway pattern bottom line break out soon. The up trend 5 waves movement completed. Looking for short trade with big movement to South.

ChinaHelloWorld

The price would move out from the long term down trend channel. Turning to North in long term

ChinaHelloWorld

The North moving strength is quite strong. Maybe try to short it when touching the long term down trend line.

ChinaHelloWorld

The NZDCAD up trend is quite strong now. There maybe opportunity to short its retraction wave ahead.