HayatoDragonFX

HayatoDragonFX

Hello my friends, Here is my setup for EURAUD. I am using elliott waves rule for this trade to get 4.5R trade setup. As you can see price now on a correction after an impulse wave-(iii). Fourth Wave usually are only a quick correction and stopped around 50% fibonacci of Third Wave. After counting the fibonacci retracement, we could try putting a buy limit order...

HayatoDragonFX

Hello my friends, Today we are going to sell GBPCHF. As you can see, i already marked our horizontal support and resistance level. I also do the Elliott waves analysis and found that we got a nice opportunity to try selling GBPCHF. We're now on ABC correction in my opinion and we could break wave-C into 5 waves. Waves-iv now completed and we will soon see price...

HayatoDragonFX

Hello my friends, For today we are going to buy AUDJPY pairs. This 76.95 has acted as strong support and resistance previously. Today we finally see price closd above it with an engulfin candle as well. Because price took down 76.95 as resistance, then it will now become a support and i believe it is going to be a strong support We could see AUDJPY continue...

HayatoDragonFX Updated 

Hello my friends, I spotted a good setup on GBPAUD and i think it is worth to try taking it. This is a 5.5R trade setup which rarely come so we will try to capitalize it. As you can see price moving inside a parallell channel and we could try counting each movement with Elliott Wave counts. The movement respecting elliott waves count as clear as sky. We are now...

HayatoDragonFX

Hello my friends, Another setup for December is EURCAD pair. As you can see, it looks like a bullish flag pattern formed on this pair. Price already took down the resistance and currently retesting it as a support. We might see price rotate towards 1.5650-60 area. This bullish flag measured objective are around 270 pips. The next resistance would be at 1.5650...

HayatoDragonFX

Hello my friends, My first trade for December is coming to you all. I am going to take a buy positions on EURNZD pairs. As you can see price, recently broken above the descending channel after moving inside it for 2.5 weeks inside it. We could expect price to rotate higher as there is also weekly trendline at this 1.7000 area. This 1.7000 could be an area of...

HayatoDragonFX

Hello my friends, Another setup for next week is AUDNZD pairs. As you can see this pairs was bearish since August until Novemer but last week, it is moving in a sideways direction. Looks like sellers want to push it down but buyers won't let it happen. This 1.0500 area has served as a key turning point for this pair. I think we could see price rotate higher...

HayatoDragonFX

Hello my friends, This setup might a little bit contradict my GBPCAD call as for GBPCAD to be favorable, we want to see CAD stonger than GBP. But on the same time, CADCHF also making a potential shoulders head pattern and price already broken through the necklne or trenline. That trendline or neckline was previously a support and also an area of...

HayatoDragonFX

Hello my friends, Another setup for next week is GBPCAD pairs. Looks like GBP might go down a bit in the coming week as some of GBP pairs crosses making a bearish pattern. This GBPCAD clearly made a shoulders head pattern and price already broken below the neckline. We're now going to wait for a retest at 1.7350 area which the neckline of SHS pattern. Measured...

HayatoDragonFX

Hello my friends, I hope you all enjoy your weeked and had a great thanksgiving holiday. I am gonna share my trading plan for next week to you all guys. Monday gonna be the end of November so we will pay attention to it as it is going to be a key candle for some pairs. Some pairs need a confirmation on this November candle close to determine the...

HayatoDragonFX

Hello my friends, Another setup for today is GBPJPY. It is very clear that a double top pattern formed so we will sell this pair. The neckline already broken with a solid close below it and this upwards movement is only a retest in my opinion. Sell GBPJPY 139.15 Stop loss 139.45 Take profit 138.25 (3R) RR Ratio 1 : 3 Use only 1-2% risk Good luck Disclaimer : I...

HayatoDragonFX

Hello my friends, First of all i wanna say happy thanksgiving for you all. I hope you all have a good thanksgiving holiday. Today i am gonna trade lightly on GBPUSD. I found a SHS pattern on 2hr timeframe and price already broken below the neckline. This upwards movemet is merely retest of broken ascending trendline. As long as price hold below 1.3390 then this...

HayatoDragonFX

Hello my friends, Last setup for today is EURCAD pair. As you can see there is a ascending channel which has been broken recently. Price retest this channel twice and failed to close back above it so i could say it is now a valid resistance. We could see price rotate lower from this point. The last 4hr candle also looks like a bearish pinbar which is a good...

HayatoDragonFX

Hello, my friends, My second setup for today is USDCAD pairs. As you can see, there is a descending trendline currently holding USDCAD from going up. It is more likely price will go down as long as it is below the descending trend line. By assuming this recent movement as Wave-A and Wave-B, we are now at Wave-5 and it is more likely to be a 5 waves movement. We...

HayatoDragonFX

Hello my friends, On Monday, I got 5 positions hit SL again consecutively so i took 3 days off from trading to calm my mind. It is very important to calm your mind instead of doing revenge trade and get more losses. Today, i found a nice setup on GBPAUD. There is a SHS pattern formed and i think price already broken below the neckline on lower time frame. This...

HayatoDragonFX

Hello my friends, Our 3rd setup for next week is AUDUSD. As you can see, price currently moving inside a downward channel and recently rejected on resistance. We could see price rorate to the lower side for a retest on support at 0.7255 It offers a nice 3R setup so we will try selling this pairs. Sell AUDUSD 0.7315 Stop loss 0.7335 Take profit 0.7255 (3R) RR...

HayatoDragonFX

Hello my friends, Next setup for next week is EURUSD pairs. I could see that price broken below the ascending trend line and retested it. It looks like that retest could be seen as a double top pattern as well. With this in mind i think a rotate to the lower side is possible so we will sell EURUSD. Sell EURUSD 1.1865 Stop loss 1.1905 Take profit 1.1745 (3R) RR...

HayatoDragonFX

Hello my friends, I hope all of you enjoy your weekend. Soon we will begin a new trading week and this Sunday i am gonna share some of my trading ideas for next week. For Monday, i am gonna start it off with buying XAUUSD pairs. Yesterday i shared sell setup and price go accordingly with my sell plan finishing X correction of a possible current WXY...