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H4

CADJPY is good looking sell ideaFirst of all, we have to wait H1 decision. Price might go to 76.02 resistance level (bounce!), and then continue short or price will continue from current level, but first it has to break lower low level and prove it on H1 timeframe. We assume this trade is clear entry from CAD weakness. Can is getting weaker for a few days long, and its weakness is increasing. Even if you didn't relize weakness, we are here to give you this kinda informations, so you can compare your analysis and ours. So on, we saw from previous day also JPY strenght by this pair, but not much from the other pairs. From other pairs, jpy started push from London session, but declined after Powell finished his speach. This example was at usdjpy which is not currently good for trading, but waiting for following data. So on, we can define trending at cadjpy not marked yet as trend continuation because demand from CAD at 75.300 support level was very strong. From this perspective it's just better to take 100% profit away. Wish you good trading, Elitefxacademy
Short
by EliteFxAcademy
Gold finished up the ABC patternHelo, this is my prediction about the GOLD. Now, Gold has in a butterfly bearish, possible drop is around of $1,688 as target profit. Now, if this pattern to going to predicted, so, we can to going to used to make break even, its a good signal for bearish and find up pips. Also, en weekly I bring you this technical analysis. We have at finished the elliot wave # 5 and if in case don't to fulfill, so we can to continue the bullish trend, in other case, we can to see a pattern ABC in weekly and also a possible bullish armonic pattern for the H4 and Daily in the next days until the next week. So, will still you check the gold if the gold give us a good price entry to a bullish armonic pattern?
FOREXCOM:XAUUSDShort
by harisonhbn9718
1
Bitcoin might test lower targetsBitcoin might test lower targets, because buyers consume all gas, and also price is at spot where price has to switched to sellers. After sellers will show how strong they are, we'll decide later if we're gonna stay in this trade. This is multi-timeframe analysis. Short term sell is h1 and lowerest sell is between h1 and h4 based on our strategy. On the other side, if sellers will not push price lower as expected on higher timeframe, then bullish sign might continue, if price will break through resistance, you can follow our previous analysis - expected channel touch. At the moment we're looking for potential sell by following arrows. Important is also H4 closing and M15 momentum flow Elitefxacademy
BITSTAMP:BTCUSD
by EliteFxAcademy