HayatoDragonFX

HayatoDragonFX Updated 

Hello my friends, I hope you all enjoy your weekend. I would like to share my trading plans for next week and i hope you gonna enjoy my plan. If you find it useful, don't forget to give it a thumb up and follow me for my next update. As you can see there is a clear Head and Shoulders pattern on GBPJPY, Price broken below the neckline with a strong bearish...

HayatoDragonFX

Hello my friends, Another trade i took today is EURAUD pairs. As you can see, i've marked the elliott wave movement and in my opinion we're now done with all five waves. Wave-5 usually end at the 127% fibonacci retracement of Wave-4. We can expect an ABC correction to the upside from this point. Notice that price actually broken above the descending trendline...

HayatoDragonFX

Hello my friends, I wanna share one of the trade i took today when i was away. I spotted a good setup on CADCHF as there is a bullish flag pattern breakout. What make me confidence to take this trade is that the resistance of bullish flag pattern was align with descending trendline which means price push through this confluences of lines with a big power. This...

HayatoDragonFX

Hello my friends, Today we gonna set a pending order for XAUUSD as well. As you can see, price recently rally for 1100 pips from 1764 to 1874 in just 1 week. I think we could see some retracement as well before price continue to soars in XAUUSD. Recently price retrace from 1874 to 1825 which is 490 pips movement. I think there will be another move to the...

HayatoDragonFX

Hello my friends, Another setup to wait for is AUDUSD. As you can see, i tried to analyze this pair with a combination of elliott wave and harmonic pattern. I found something interesting in this pair which is a potential bearish shark pattern on the daily timeframe. AUDUSD right now retesting that 0.7500 area as a resistance which has served previously as a...

HayatoDragonFX

Hello my friends, Before i start with today trade ideas, let's review some of the trade i took yesterday. There were 2 trade ideas i shared which are GBPAUD and GBPCAD sell positions. Both trades now closed with a nice profits. First trade is GBPAUD which i closed manually for +210 pips and banked 3.5R yielding 7% profit Second trade is GBPCAD which i closed...

HayatoDragonFX

Hello my friends, Another trade to take today is EURCAD pairs. I've been watching this pairs since the big bearish candle took out that ascending trend line during December 4th. We could see this pair go lower again because the last 2 days candle has failed to closed back above the trendline. This trend line pretty much become a resistance now and there is...

HayatoDragonFX

Hello my friends, Another plan for GBP crosses pairs. We got GBPCAD to trade as well for today. But i am still waiting for price to touch around 1.7200 before entering sell. I use a sell limit order for this pair because it might hit my trade when i was not watching it. As you can see this pair is bearish in my opinion. GBP is very fragile right now because...

HayatoDragonFX

Hello my friends, For today we are going to try selling GBPAUD. It looks like price making a shoulders head pattern to me. The neckline is located at 1.8000 and it has already broken. The measured objective of this pattern is 320-330 pips. It could go towards 1.7680 to complete this pattern. As you can see, GBPAUD also moving inside a downward channel so we...

HayatoDragonFX

Hello my friends, Another setup for today is CADCHF pairs. As you can see price currently moving to the upside and retracing lower a little bit. We could try assuming this movement as an Elliott Wave movement and price just finished wave-3. This downward movement is wave-4. To have the best trade setup it is better to buy around 0.6950-6948 which will yield...

HayatoDragonFX

Hello my friends, New week new spirit. Today we saw USD gaining some strenght after 1 month of depreciation. In my opinion we could still some strenght in USD so we will want to start selling other major currency and buy USD. As for AUDUSD, you could see price already broken below the ascending trendline which formed since November 23rd. Today, we got a close...

HayatoDragonFX Updated 

Hello my friends, For next week i am going to try selling XAUUSD. As you can see, XAUUSD already move to the upside for 800 pips during this past 1 week. Friday candle closed showed that there is some indecision to XAUUSD and usually when this happened, we could expect some retracement of recent impulsive movement. In my opinion, we could expect XAUUSD to...

HayatoDragonFX

Hello my friends, I found something interesting with GBPAUD pairs. As you can see, friday candle close was very interesting. After shooting up for 150 during Asia and European session , it closed significantly lower erasing all the gain during American session. The result of Friday movement is the daily candle became a bearish pinbar candle. I would say this...

HayatoDragonFX

Hello my friends, Another setup for next week is AUDCAD pairs. As you can see, price finally make a lower high lower low after moving higher for 1 month. This mean we could see some retracement on this pair. It is also supported by the chart because there is a head and shoulders pattern forming. Price already broken below the neckline. We're now waiting for...

HayatoDragonFX

Hello my friends, Another setup for the coming week is EURCAD pair. As you can see, the recent movement of EURCAD could be analyze using Elliott Wave theory. We could assume the recent movement to the downside as an impulsive wave-1 and wave-3. After this impulsive wave-3 we could expect price to retrace. Wave-4 usually retrace around 23.6%-50% fibonacci...

HayatoDragonFX

Hello everyone, I hope you all enjoy your weekend. I am gonna share my trading plan for next week, if you find it useful please give this post a like and follow me for my next updates. The first pair i would like to trade for next week is USDCHF pairs. As you can see this pair has moved 200 pips to the downside for the first week of December. Friday candle...

HayatoDragonFX

Hello my friends, Today we are going to sell GBPUSD as i think price pretty much overbought and looks like bulls start to exhausted. If we do an Elliott Wave count, we found that we are at the end of Wave-5 and pretty much we will see an ABC correction soon. Price also moving inside this upwards channel respecting it for the last 4 weeks. Finally it come to...

HayatoDragonFX

Hello my friends, As you can see there is an inverted head and shoulders pattern in this pair. Price broken above the neckline and continue to shoot up without retesting those neckline. In my opinion, this impulsive movement will soon exhaust and get a correction because price just shoot above the neckline without retesting it. After marking our horizontal level...