HayatoDragonFX

HayatoDragonFX

Yesterday we got our stop loss hit for this pair. I still think a retracement will soon come as this pair hitting resistance right now. We could see the movement of EURAUD making an AB=CD pattern. Keep in mind we have RBA in 50 mins so expect some volatility in all AUD pairs. Use proper risk management. Sell EURAUD 1.6065 Stop loss 1.6130 Take profit 1.5935...

HayatoDragonFX

I planned a sell setup before but missed my entry. We missed the chance to enter sell and it does really go towards our target at 1816. So we will now try capitalizing the buy opportunity. I am using the same elliott wave setup. Right now we might complete the ABC correction of wave-4. Next is 1 more push up for wave-5. Our target will be around 1840-42 which is...

HayatoDragonFX

I do respect the idea that GBPAUD might drop along with EURAUD. We're also near the horizontal weekly resistance right now. If i draw a trend line connecting the low and high of GBPAUD recent movement. It will look like a broadening wedge pattern. In terms of Elliott Wave, this is a broadening ending diagonal. Sell GBPAUD 1.8610 Stop loss 1.8670 Take profit...

HayatoDragonFX

As you can see price now at horizontal weekly resistance which is 1.5900 area. We do have an impulse to the upside recently, but after an impulse, there is always a correction. Usually the correction will be in 3 sub waves ABC. As we are already completed wave A and B. I think EURAUD might drop once again to complete wave-C. Sell EURAUD 1.5900 Stop loss...

HayatoDragonFX

Price also dropped for GBPNZD yesterday. We dropped until 61.8% retracement of recent rally. At the same time, there is weekly support around this level so we could say this is an area of confluence support. Also it appears there is a possibility double bottom pattern forming. We could see some rally to the upside if this pattern play out. Buy GBPNZD...

HayatoDragonFX

After yesterday we got a fierce drop from EURNZD. Price finally stop dropping after meeting the ascending trend line. For me, it looks like a bullish bat harmonic pattern forming. We might see some upwards movement towards 1.6950-1.6930 area which is 61.8 retracement of CD leg. Buy EURNZD 1.6830 Stop loss 1.6770 Take profit 1.6950 (2R) Use only 1-2% risk Good luck

HayatoDragonFX

As you can see, yesterday price complete the ABC correction of wave 2 or B. After this correction, we might see another impulse to the upside for GBPUSD. ABC correction stopped exactly at 61.8 fibonacci retracement which is a good opportunity to enter long. Buy GBPUSD 1.3810 Stop loss 1.3750 Take profit 1.3990 (3R) Use only 1-2% risk Good luck

HayatoDragonFX

This should be a very clear HnS pattern for you all to see. Also it looks like USD pretty much exhausted so we could see a retracement for major pairs first. If you draw fibonacci retracement, you will notice price holding at 61.8 fibonacci right now. In terms of Elliott wave, this is right now wave-(b). We could expect wave-(c) to continue going down from...

HayatoDragonFX

This pair also retracing to complete wave-4. Just like my other setup i shared today. Check it out as well. We might see another drop soon from this pair. As this trade providing 4R trade setup, it is worth to try it. Sell GBPCHF 1.2690 Stop loss 1.2725 Take profit 1.2535 (4.4R) Use only 1-2% risk Good luck

HayatoDragonFX

After going down for 285 pips from 84.20 to 81.35, today we saw some retracement for AUDJPY. For me, i still think AUDJPY is bearish and we might see another drop soon. Price might only retrace to complete wave-(iv). Right now we're at 38.2% fibonacci retracement. Sell AUDJPY 82.45 Stop loss 82.85 Take profit 81.00 (3.6R) Use only 1-2% risk Good luck

HayatoDragonFX

Same setup with EURAUD but there is slight difference as on EURNZD wave-3 extension is complete. We are on the process of wave-4 retracement which might end at around 38.2 fibonacci retracement. Buy EURNZD 1.6960 Stop loss 1.6910 Take profit 1.7185 (4.5R) Use only 1-2% risk Good luck

HayatoDragonFX

We're possibly on the process of wave-3 extension. It would be pretty very nice if we could see price retrace around 1.5830-1.5855 area. If price manage to retrace around 50-61.8 fibonacci retracement level then we will initiate our buy. Buy EURAUD 1.5830 Stop loss 1.5785 Take profit 1.6030 (4.4R) Use only 1-2% risk Good luck

HayatoDragonFX

Same setup as previous trade. We're waiting for price to complete the wave-4 retracement. We might see price found support around 1.5800-1.5810 area before continue moving upwards. Buy EURCAD 1.5810 Stop loss 1.5760 Take profit 1.5960 (3R) Use only 1-2% risk Good luck

HayatoDragonFX

I found an interesting setup for XAUUSD. As you can see i've marked the weekly horizontal support and resistance. We're currently holding above 1797 support level after breaking above it yesterday with a solid candle close. Notice that the last 2 daily candles are inside bar pattern. Today daily candle already break above the mother candle and this downwards...

HayatoDragonFX

Same setup with EURAUD. We will also wait for 50% retracement of wave-iii before initiating buy. Our target will be at the 1.7010 resistance area. Buy EURNZD 1.6885 Stop loss 1.6850 Take profit 1.7010 (3.5R) Use only 1-2% risk Good luck

HayatoDragonFX

After rallying for +160 pips in the last 24 hours, i expect price to retrace a little bit. I think we just completed wave-iii and will soon wave-iv correction. If price retrace towards 1.5825 we will initiate our buy. This is where 50% fibonacci retracement of wave-iii located. It offers a good RR trade setup. Buy EURAUD 1.5825 Stop loss 1.5785 Take profit...

HayatoDragonFX

Same plan as EURCAD. We also saw the potential of GBPCAD new bullish cycle to the upside. Wait for price to retrace around 1.7160-50 before initianing buy. We wanna see price complete wave-iv correction before entering buy. Buy GBPCAD 1.7155 Stop loss 1.7120 Take profit 1.7280 (3.5R) Use only 1-2% risk Good luck

HayatoDragonFX

As you can see price rally fiercely yesterday. This could be the start of new short term bullish cycle to the upside for EURCAD. We're going to start buying EURCAD on every dip. For starters, we're aiming for this wave cycle. Wait for price to retrace toward 1.5700 area before initianing buy. Buy EURCAD 1.5700 Stop loss 1.5670 Take profit 1.5810 (3.6R) Use...