HayatoDragonFX

HayatoDragonFX

Hello my friends, Today I saw some good setup on CADJPY. This pair currently in bullish trend after it broken through 80.00 psychological resistance and goes to 80.90 level, it finally exhaust and then come down for a breather. In my opinion, price made a bullish flag pattern during it downwards movement. Price then finally broken above the resistance and...

HayatoDragonFX

Hello my friends, Today i saw a nice setup of GBPJPY on 1hr timeframe. After marking our upper zone and lower zone, i found that pice comeback to retest the upper zone which is now a resistance. Ther is also 50-EMA of 1hr chart exactly on this upper zone. We could say it is an area of confluences where sellers keep price from moving up. Also noticed that...

HayatoDragonFX

Hello my friends, Today i found some interesting setup for XAUUSD. Previoisly i've posted some analysis for XAUUSD and get it on point using wave analysis. I am going to continue this analysis as we are currently done with the 4th wave so we will move into 5th wave. There is a chance we could see 1 more downwards movement from XAUUSD at this point. As i saw a...

HayatoDragonFX

Hello my friends, This is my more detailed analysis to NZDJPY of my previous post. Previously i posted about NZDJPY making shoulders head pattern and today price finally closing below 70.00-69.90 support on 4hr timeframe basis. I tried projecting NZDJPY downward movement using Elliott Wave theory and it is possible price could go down until 68.20-68.30...

HayatoDragonFX

Hello my friends, Today i found some good setup in EURGBP pair. It looks like they're forming a double bottom pattern. Price currently holding ground just below the resistance i marked. It also looks like price making a flag pattern exactly at this resistance. Usually when there is 2 bullish pattern forming on resistance, it is more likely for price to break...

HayatoDragonFX

Hello my friend, i am going to share my view on XAUUSD again this time. Previously i make a sell call on XAUUSD based on wave analysis of Elliott Wave. Price nearly hit my SL before reversing into TP 3 and i managed to banked nice profits from it. We are curently on the 3rd wave of downward movement and price already passing through some strong support. I am...

HayatoDragonFX

Hello my friends, I am spending this Sunday for some analysis on XAUUSD. Gold moved with a crazy 2500 pips rally from the beginning of July until August 1st week. Friday candle close finally showing sign of exhaustion of XAUUSD because it closed with a bearish engulfing candle along with a bearish divergence on the Daily timeframe. I am taking a deeper look into...

HayatoDragonFX

Hello my friends, Previously i have analyzed GBPCAD and managed to enter exactly on the 38,2 fibonacci retracement of wave-3. I entered exactly on fibonacci 38,2 retracement because the 4th wave usually only retrace around 23,6-38,2 fibonacci retracement. For those who didn't entered GBPCAD on my 1st entry, there is a possibility to enter again here at 1.7450...

HayatoDragonFX

Hello my friends, Today i noticed some good setup from GBPCAD. Previously this pair make an inverted shoulders head pattern and then push straight to the upside for 700 pips in 2 weeks. I tried to fit some fibonacci tools into it and count the waves according to Elliot Waves principle. Surprisingly, it looks like this pair just finished with the 4th Wave. Wave-4...

HayatoDragonFX Updated 

Hello my friend, There is a nice trade setup in CADJPY which could give us a worthy RR. I notice a bearish flag on the daily timeframe of CADJPY. Price already broken below the support as well. Right now price retrace up to 61.8 fibonacci level and this is actually a nice area to try selling it. I am going to play patiently on this pair and waiting for price to...

HayatoDragonFX

Hello my friend, I noticed some good setup in NZDJPY as price making a potential double top pattern on the daily timeframe. Taking a deeper look into 4hr timeframe we could see another bearish pattern which is favorable to trade. It is a shs or shoulders head pattern. I am going to sell NZDJPY as there is 2 bearish patterns in play for this pair. Also keep in...

HayatoDragonFX Updated 

Hello my dear friends, I spotted a nice triangle forming on the top of XAUUSD. This triangle is an ascending triangle which indicates buyers in control as they are willing to buy in a higher price each time it retrace. Resistance has already been broken with a solid close, so this downwards movement is only a retest in my opinion. Triangle pattern usually occurs...

HayatoDragonFX

Hello my friend, Today i spotted a nice buy setup on USDCAD pair. There is a bullish divergence on daily timframe and a nice inside bar pattern so i am looking into 4hr timeframe to time my entry. Surprisingly, there is an inverted shoulders head pattern forming and i think we are going to see price broken above the neckline soon. Buy USDCAD 1.3420-30 Stop loss...

HayatoDragonFX

Hello guys, We have seen GBPUSD rally for 900 pips since the beginning of July. Exactly on the last day of July, a potenial shooting star candle occured. This could be a sign that GBPUSD rally is exhausted and some retracement could occur to this pair. There is also a possibiliy a bearish ABCD pattern in play. Sell position looks more promising if we look on...

HayatoDragonFX

There is a possibility AUDJPY forming a double top on the daily chart. Price also broken below the ascending trend line which has supported AUDJPY for 4 months. Taking a deeper look into 8hr chart there is a possiblity of triangle pattern also forming. Price already broken below the support and currently we are on the retest process of broken support. Sell...

HayatoDragonFX

Hello my friends. I posted about GBPUSD sell position on bearish cypher pattern before but it turned out i play it in the wrong way. I got my stop loss taken as it was my fault in positioning my entry and my stop loss. I am gonna try selling GBPUSD once again in a correct manner to trade cypher pattern as i just reviewed my last trade on GBPUSD. In my opinion...

HayatoDragonFX

Based on the 4 hour timeframe we could see price moving inside the area which i have highlighted. Area around 106.75-106.85 served as support previously. During this last 10 days, price tested this area 3 times. Price finally closed below it on 4hr timeframe at Tuesday. We could see further drop in USDJPY from this point Sell USDJPY 107.00-106.90 Stop loss...

HayatoDragonFX

Hello my friends, i saw a nice trading setup in EURNZD pair. A double top pattern is forming exactly on daily chart resistance trendline. Price already broken below the neckline and currently retesting it. Price also still holding below EMA-200 in the4hr chart so it is pretty much still bearish on this pair. Sell EURNZD 1.7360-50 stop loss 1.7435 Take profit 1...