jkan_fx

jkan_fx Updated 

BUY GOLD NOW SHORT LATER, We could see price move downwards and later forming a triangle consolidation. I am buying now because price is at the bottom of the triangle and would move up before a sell. There is a sell limit at price 2000. and a stop at 2010. That's where it is good to sell Gold looking at the current market formation.

jkan_fx

Going short on EURUSD. Using the Elliot wave corrective move. I believe EURUSD has made an ABC corrective move which is touching the 61.8 fib level from the recent high to the recent low

jkan_fx

CADJPY is in a possible wave 4. Which could also be an end of wave C. wave 4 is cannot cross wave 1 that is was defined my S.l and my TP. Thank you.

jkan_fx

I am shorting this pair because of the wave analysis. I think we might be in a wave 4, with 40 pips S.L If Price is gets to that zone of mine. i will short it. Since wave 4 cant cross wave 1.

jkan_fx

Shorting CADJPY now. In the 4hr Time frame I see the market has trended down the retracement we are seeing now is a possible 4th Wave of the Elliot wave principle. S.l is just at the end of the first wave.

jkan_fx

AudUSD has been in a down trend for the past months, Last two weeks indicated a high probability of a change in trend. We have seen a an impulsive move to the upside and there is going to be a possible retracement. This is short period trade and would be going long after TP hit

jkan_fx

USDJPY is still in an uptrend, and what we are currently seeing is a pullback on the daily timeframe. Currently based on my wave analysis, i think what we are seeing now is an ABC corrective move. There is a 78.6 Fib support from the 134.745 low to the current high. An ENTRY from CMP @ 136.00 and a STOP between 135.50 and 134.00 would be enough for a breathing...

jkan_fx

Tweezer tops formed on a resistance level. This shows a high probability of a change in trend. I think its time to short swing CJ

jkan_fx

Shorting UJ using this risk reward ration. Just using the hanging man candle bar as the signal.