CAD/JPY: UpdateIn this par, we see that Canadian Dollar/Yen Japanese drop too like CAD/CHF. So, because as I share in the morning that we see a good opportunity to short CAD/JPY in the 0.782% fibonacci, after that, we see a bearish BAT Harmonic Pattern ,and that was a good choose to short Canadian Dollar.
Now, the only udpate that I will modify here it's the target profit that I move up to $ 106.96 JPY. And my entry price was in $108.62 JPY.
In H1 timeframe, there're not much information, but I can to say that in this timeframe, as CAD/JPY broke down the EMA 200, there're a lot chance that CAD/JPY continue down as I expect it.
At the moment, we're in profit with 63 pips earned in this trade for now. But I will hold this position as I believe that Canadian Dollar will continue down, the same with my another analysis in CAD/CHF and CAD/JPY, boths.
Good luck!!!
Armonicpattern
CAD/JPYl: Bearish Butterfly PatternCanadian Dollar/Yen Japanese look bearish in this point to overview in H1 timeframe, but we're in the supply zone that Canadian Dollar could to weak very strong this week to $101.38 JPY and see a sell-off in this par.
I decide to put a short position now in the market price, Stop Loss to $104.93 JPY (58 pips) and take profit to $101.38 JPY (296 pips)
The price it's below of the key point to short in the 0.782% fibonacci, a good place to short now and hold this short position.
I hope that this analysis support you if you decide to trade Canadian Dollar to sell-off.
Good luck!!!
GBP.CHF: short positionSterling Pound/Swiss Franc it's look bearish too like GBP/USD
In H4 timeframe, we formed a bearish butterfly harmonic pattern. And also, analyzing the fibonacci, we're below in the 0.782% to see a possible short position in this trade.
I put a sell order limit to $1.1681 CHF, Stop Losss to $1.1719 CHF (38 pips) and huge take profit to $1.1529 CHF (152 pips)
Good luck
USD/JPY: Bearish divergence formedIn this analysis, U.S. Dollar/Yen Japanese forming a bearish divergence in 30 minutes timeframe. Also, we see a bearish channel flag pattern and we see a broke down of this chartist pattern in USD/JPY. As I see a bearish setup, this could be an amazing profit of 122 pips approximately to find down.
Now, I want to share here another timeframes what I found out.
In H4 timeframe, I see the same in 30 minutes timeframe, but this it's very different because in H4 we forming a key supply zone in that gray zone that it's called imbalance zone and we see that this could be another signal that we're going to short U.S. Dollar in front of Yen Japanese.
And also, to know more deep, we see a bearish Gartley harmonic pattern with all Fibonacci measure to valid this harmonic pattern, with Fibonacci measure and also, the confirmation of this bearish divergence and break out of this bearish channel flag pattern in 30 minutes, all thesm it's a good signal to short U.S. Dollar.
So guys, I see that this trade has a lot potential to find a short position. For that, I put a place a sell order limit a little more of the price at 122.66 JPY and SL to $123.15 JPY (49 pips) and target to $121.44 JPY (122 pips). This have a risk/benefit 1:2.
I hope that this idea support you very well in this Forex weekly.
Bitcoin forming a bullish armonic butterfly!!!Hi guys, as you look. I change the background for white and the candlestick green = bullish and red = bearish to analyze up and becoming my technical analsyis simple, classic and modern to be understood. I see and measure using the Fibonacci for armonic, we see a bulliish butterfly. So, and also, we are in the demand zone that we could to buy Bitcoin and make trading.
And also, we see in H1 a little formation of simetric triangle flag, it's bullish reversal in short time period. But analyzing in H4 timeframe, I have a perspective that Bitcoin could to be make to up movement, but remember, we are in the consolidation and in sometimes it's very difficult to predict where Bitcoin go. I put a buy order limit at $33,200 USD and my SL will be $31,900 USD and my target at $36,500 USD.
s3.tradingview.com
And looking in Daily timeframe, we are into this panoramic, a consolidation since end of MAY 2021
USDCAD : Daily Leg C on Bat Harmonic PatternAnalysis of USD CAD.
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Strategy: Formation Leg "C" in future Bat pattern
The best business card for a trader is a clear chart
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The information given is not Financial Advice.
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Walter
Special Analysis: Sterling Pound for long-term!!!As the American is into the reccesion for long-term, America experiment a grant deprecciation of their value in long-term!!!
Well in monthly timeframe we could see a formation of armonic pattern, that mean that Sterling Pound it's could be to reach the 1.27% or 1.618% of Fibonacci's armonic.
It's so curios becuase hile Euro is up, Sterling is up too and have the same cycle as Euro too.
What do you think about this analysis that I share you?
Euro is continue to these leve in macro-trendThis is simple a analysis that I make, the Euro rally is bullish in long-term in monthly that I see, also in monthly there will be a formation of Bearish BAT armonic pattern.
Guys, tomorrow I will going to make our normal technical analysis becuase in the lastest weeks I have a issue of my family that I will need to resolve the situation, and then, I go back, because I am to help my family, I am so busy in the latest weeks, but I go back tomorrow!!!
But, I share this analsysis for you if you want to invest in Euro.
The most perfect entry in short: Euro/Sterling PoundI'm happy to identify anohter perfect entry in short for Euro/Sterling Pound. And it's in H1 timeframe, it's a 2nd entry in short wiht objective to find down 130 pips and another 160 pips itssequal near of 300 pips if you operate with 0.01 lots, but in my case as I was earning, I operate with 0.02 lots. This is a huge signal to short position in this par
Now, in H1 timeframe we have a Bullish Butterfly, but not bullish in H1 timeframe, because the price is arrive at 0.50% of Fibonacci to entry in short position in this armonic patterns.
Also, I make a break even in my first operation to 0 pips, I do not loss and not earn, but 0 pips is without earns and without loss, to proteted my position and open up my second position in this par in short
Well, this is a good singal to making a short
But if you see the H4 timeframe, we are making a pull back in this timeframe, and the objective is so bearish, so in the next par I will going with 44 pips in profit in this par in my first operation with near of $10 USD earning in my first operation operate 0.02 lots
As we look in EUR/USD, the par EUR/GBP is bearish too, all pars in EUR we could to found out in sell about the surgement of the US Dollar,
'
Now, I share with you my fundamentals of this par and what we see:
1. GBP/EUR exchange rate forecast: Sobering GDP figures to drive collapse in the pound?
2. GBP/EUR exchange rate muted ahead of key GDP release
3. Grim UK GDP figures to reverse pound in the recent rally soon
4. While te pound has found room to a recent weeks, there is a major risk of Sterling relianishing a good portion of these gains this week on the back of some sobering GDP estimate for the second quarter will report that the UK economy suffered a record contraction, with growth shrinkg over 20% and plumging the country into a deep recession
5. The UK dramatic slump in comparasion with its perer looks to have driven by the government delayed lockdown announcement, which in turn have led to a later lifting of restrictions and reopening economy in UK.
6. While of that, Bank of England recently ravised its growth forecast for 2020 up from -14% to -9.5% analysts believe there is limited chance for a V-shaped recovery, given that coronavirus risks still remain.
7. Garry Yound, deputy director of the National Institute of Economic and Social Research said that: "A rapid V-shaped recovery is a possible outcome still, but all the risks seem to be to the down side. If we get another wave of the virus and have to do more widespread lockdowns, that's going to know the economy off that V-path.
Well, in conclusion, we have bad as good news and we always need to monitored this par becuase the relationship between the United Kingdom and European Union is so go to hand to hand to trade their future of Europe. As this par is sensitive this par the only move is based the fundamentals, for now, the only expectative for short term waht we see is that GBP is cooming to strenghten agains the all par, specially in EUR/GBP.
Alert: Bitcoin is bullish, but first a bearish divergence!!!Hello guys, in this saturday night of technical analysis, A poeple ask me to making a technical anlysis for Bitcoin in intraday trading. So, that is so what I see in the market.
In weekly making a overview for long-term in the market we see that Bitcoin is so bullish and so bullish signal that we are in the ascendent triangle. In the past two weeks I make a technical analysis of Bitcoin in H8 timeframe that I say you that Bitcoin has the possibility to up of the price and then, that prediction was good, also if you havened a Ethereum opportunity that I say in the past 3 weeks when I make a technical analysis of Ethereum, Ethereum is reach the targets profit than hoped, because Ethereum is break up the mark of #300 USD, that is a so bullish singal that Ethereum is prepare to the next altseason and now, it's a bomb-time to pick up our money investing in cryptocurrencies.
In Daily we see this panoramic thaT Bitcoin is in so bullish too as weekly chart
More interesting is this chart so what we see, we see that we are conpleted the Elliot Wave cycle, and a possible ABC we cooming soon
But if you quit the elliot wave, we see anohter indicator and using hte price action is that Bitcoin is loss buyers and bears are support above of $9,700 USD, that is a exaclty point in the past two weeks as target profit. So, we see a differente panoramic a possible go back of the $9,550 USD at least
And more interesting is in H1 because I see a Gartley pattern, that is an armonic pattern and a possible sell little until the 0.785% of Fibonacci, that is my target profit of sell, also, to put in long position, just we need to buy above of $9,700 USD and not into the green zone of support and resistance, becuase these zones are important and maybe there are some possibilities that Bitcoin want to forming a chartist pattern, that point is interesting if in that case is happened, now to buy the price need to break up above of $9,700 USD and wait a confirmation of buy to validated, but in cases that Bitcoin goes to the support zone of $9,500 USD, that is another support zone to buy using the price action and strategy to buy hope a hammer, doji or another candlestick. That is my form to opperate, but this berish divergence not necdesary is a change of trend, but yes a cotninuation of the trend, just hat it's a important correction of H4 timeframe to wanting to pick up a earning in Bitcoin
So guys, the only that I Hope is that Bitcoin is activated my sell order limit!!!
Also guys, today I created my own Binance account to trade cryptocurrency and making a technical analysis for crypto-traders like you. Also, the want to trade to opperate its the principals as:
1. Bitcoin
2. Ethereum
2. Ripple
4. Litecoin
5. Bitcoin Cash
6. Dash
7. Cardano
8. Iota
9. Neo
10. Chainlink
11. Enjin Coin, why choose Enjin Coin, becuase I'm a enthusiastic in htis proyect, also Enjin Coin is one of my curious crypto-games industry about the proyect based called of Enjin Craft of the creators of Minecraft, That cryptocurrency is one of the better and curious proyect with a good potential of the crypto-industry games.And then, I choose this proyect to trade and look the opportunities not just in these crypto, if you know in other, but now, there are a lot cryptocurrency in Binance that could interested me some proyect to trade and invest, but that list is about hte par in USDT and BTC pars, Also, I will going to make a technical analysis and change for Coinbase to Binance when I make in trading analysis to best. Ewll, also, in the future i will going to check other crypto to know it, becuase there are wighout a number of crypto in Binance to learn about its proyect and invest.
Uk in the unemployment crisis warn!!! Horrible!!! FundamentalsHello guys, in this technical analysis, we see how Sterling Pound is go to drop the price, also economyst and financial analysis hope that the currency going to crash the value of the USD. So, guys the situation in Great Britain is warn a possible gran reccesion in UK based in the unemployment crsisis and healthly system about the growth of covid-19 cases. Also to make a pretty in H4 timeframe, I identify a nice bearish BAT and there are a possibility that Sterling reach the cotization of $1.22 USD Approximately, because there are a horrible fundamentals for the UK economy.
Also, as we are in profit of more of 93 pips, I reccomend to put a break even of the zone of $1.2567 to protect your position, because Sterling Pound is going to crash with a bad news!!!. Reccomend to put a break even to protect 52 pips, because this is our profit if in case that price go back up.
And finally, in Daily we could to in formation of bearish channel and also, if you noticed, I entry in the exact and good position to a short of GBP/USD. But rememebr that drop is so horrible as UK economy enter in a reccesion of this pandemic and the bad news that leave in the future in short term as Brexit is outlook for the coronavirus and England's people pass the quarantine in their house and unemployment crisis it's will be affect.
Now, I share you my fundamentals what I found out:
1. GBP/USD Exchange rate retreasts as disappointing GDP points to tough road ahead for UK economy.
2. The pound to US Dollar exchange rate is on the defensive today, in response to some weaker-than-expected GDP fiugres from the UK.
3. Poor GDP figures pose problem for GBP long term recovery
4. Having fallied through the first half of July, the pound now faces some potential hurdles going forward with the publication of the UK's latest monthly GDP release
5. According to data published by the office for national statistics (ONS), the UK economy grew by 1.8% in May, up from a 20.3% of contraction in May but missing expectatives for a more robust 5.5% expansion
6. The disappointing figures suggest that the UK economy is not bouncing back quite as quickly as economist had hoped, after the lockdown saw brought economic activity to a sheerching halt in April.
7. Uk firms rethink FX hedging as coronavirus and Brexit fog outlook
8. Coronavirus adn the end-2020 Brexit deadline have left UK firms facing historic uncertainties, prompting many to find more flexible ways to protect their foreign exchange exposure.
9. The pandemic is expected to cause Britain's biggest economic contraction in 300 years and swell unemployment, debt and corporate bakruptions. That's added a risk is that Britain could cast off from the European Union next year without having agreed any trade deals.
Important 3 keys to take in noticed:
1. Analysts warn for an impeding employment crisis could add to the UK's economy
2. Robert Alster, head of investments services at close asset management comments that as the UK economy it's only grow up by 1.8% in May, the month where lockdown started to ease, points to choppy waters ahead
3. While the GDBP has improved slightly it's worth voting that the economy is still 25% smaller that it was in February 2020, before the pandemic took hold. All Jobs, both on the high street and in industry, are disappearing at an alarming rate and there are no signs yet of any real improvement in the UK labour market.
So guys, this 3 keys it's was impact me, because Great Britain could entry in a gran reccesion that never we see it in the past years. So, has Sterling is crash, UK economy it's could to passing one of the biggest crisis in the UK history and the Sterling Pound could be affect about the empoymnet's inflation, consumer confidence rate and ohter factors could be affect as indicator for UK and their currency Sterling.
Bitcoin show a possible resistance of the Bulls!!! Interesting!!Hello traders and crypto-community. Today Bitcoin is show in H1 timeframe a possible up of the price, that mean that Buyers are more strongest and strenghten that offerents (sellers). Well, sellers show me that is weakness and buyers are defend the $9,200 USD, and also the shoulder head shoulder inverted are invalided and then, show a bullish channel in H1 timeframe, that mean a possible an indicator for buy Bitcoin at this zone. Also, I mark a strong support line, that if Bitcoin touch above of then, Bitcoin could to explode and appear a grat bull candlestick in some hours or included to complete this approximately elliot waves correction ABCDE analysis. As a reference, this buttefly bullish, could be a exceptional that Bitcoin has force to continue up.
So, based in the H4 timeframe, Bitcoin is valid the 0.618% of Fibonacci, and that mean that Bitcoin in each H4 candletick could to mean that Bitcoin could to explode!!!
And guys, in Daily this is a possible proyection that I mark as reference to following this model in Daily timeframe.
Now, very important based in the conduct of Bitcoin, Ethereum could to following the same example of Bitcoin do!!!
Bitcoin is prepare to go back to the exact $9,000 USD levelHello guys and good night, in this updated of this technical analysis we believe that Bitcoin is continue down until the $9,000 USD in the next hours of the day of tomorrow.
I Daily we are a possible ouch the Daily yellow zone that mean a possible go back of the demand zone, also this kind of strategy that I use is called supply and demand, for there I have this zone mark in each color to identify the timeframe.
And in H1 timeframe there are a interesting position to put in short in these levels of $9,210 USD that i put, do you remember in my previously technical analysis, I reccomend for there to closed up your position because Bitcoin it's could be to experiment to go back, now that phenomenol using hte psycology and price action is taking in our hand. So, that is my projection that in the next hours Bitocin it's could be to formation a bullish butterfly, that mean that Bitcoin is so prepared to to break up this ascendent channel that we are from June, 1, 2020. So, there are an interesting fomation that if you get it, there are a formation of tripple bottom, that mean that there are still buyers that want to go go buy at this level of $9,050 and $8,950 USD, that is an approximattely range of price that have the buyers to buy, so all bulls are hope that the Bitcoin go down to buyers buy Bitcoin at this level, and so, for conclude, if the bulls defend above of $9,000 usd, did you noticed what is mean> That mean a possible bull run comming soon of Bitcoin that it's can to jump above of the mark $10,000 USD in the few weeks. So, guys, making trading in Bitcoin and starting accumulate more Bitcoin to fight agains the inflations of our money and save our money. , and so interesting that I see a possible formation buterfly bullish in H1, and also in H4 were form a formation of bearish BAT, and so, that mean a continuation as you see in the screenshoot in H1 timeframe the next formation of armonic pattern birth.
Also, I add in my related ideas of my previously technical analysis, so enjoy the day of tomorrow Friday!!!
Also, that is my analysis and a long position in Bitcoin I do a closed up manually.
Sell signal for EUR/USDIn that updates that we see in the yesterday that was my lastest analysis and previously, we are in formation of Gartley Bearish pattern, now this indicate a possible drop of the price. And also, remember that we are into this bearish channel descendent that expectative is for longer to pick down 100 pips, we can to reconsider that in that case that EUR/USD don't reach in the lower part of the channel in that case of the $1.11 USD, But I reccomend if you want to reduce the pips until 70 pips, because we are in the highly possibility that EUR is prepared to break up the channel and contue the bull run rally until the $1.15 USD in mid-term,
Now, ther are a confluence of support zone and a higly possibility that the price doesn't break down the below level of $11.150 USD, that is an interesting point to take in noticed it.
Also, in Saturday I wil going to make a special technical analysis for Daily and Weekly how the EUR/USD is the conduct for long term and mid-term. Don't missing this special analysis.
Updates of GBP/USD: Beware of Manipulation!!!Hello guys, in this technical analysis I found up a another armonic figures a BAT, So, the target is reach at 1.618% of Fibonacci, now, we find up with bearish candlestick pattern and so, it's mean a possible manipulation of this zone, I use my secret Fiboancci called Shark Hunters, well, it's never get us this pattern when we do in the morning a possible buy zone, but it's have a invalid because this is a price consolidated a little, so, don't put any long position in there. Because if you use any indicator as MACD or RSI there show us a bearish divergence, but specially in MACD we see a weakness of the price, and it's a possible go back into the bearish channel.
Also, I add my previously technical analysis of this par!!!
Updates for EUR/USDWe continue in the buy. Also, lets me say you that I found out a possible formation of armonic pattern called BAT, and so beautiful but this BAT the all expectative are bullish and we could to find up just 55 pips as target of 2.24% of Fibonacci or 2.618% of Fibonacci. But remember that as we are in the bullish trend, there are a high possibility that reach at 2.618% of Fiboancci and include to broke up all resistance keys.
And as I say you in H4 timeframe, there will be a formation of shoulder head shoulder inverted and that it's a strong signal of buy zones in that case if the price doesn't broke up the support mark in green, the support is in the $1.1348 USD, and that zone it's need to broke up if the price want to continue up and put this trend strenghten.
And following the elliot wave analysis, we could to find up the elliot wave # 5 and then finished the cycle of elliot waves. So, it's so important, in all cases that shoulder head shoulder it's invalid the figure and valid the BAT armonic pattern, we can to following the uptrend.
Take this analysis in Following in EUR/GBPHello, in this technical analysis we found out with 2 chartist pattern. Well, we identifiy a ascendent channel + shoulder head shoulder, but we need to confirm this 2 chartist figures, well, the shoulder head shoulder is into the ascedent triangle and this is a potential signal to broke up and continue the trend where to came it. So, the only we following this technical analysis until the broke up the trend, that it's we hope, in the contrary case, we need to make a new technical analysis for there.
In H4 we apprecitate the ascedent triangle!!!
So, in Daily we see a panoramic bullish for this par, because we can see a possible formation of M or a bearish BAT, or M that it's a possible double top in formation in Daily, but if you want to buy into this zone of the ascedent triangle in Daily, know that we are in the re-accumulation zone and the price is want to go up.
Now, the fundamentals what I see is that in EUR/GBP there are a news of that 2 issues in UK. Because UK is in struggles as coronavirus uncertainty dominates their outlook, and a indicator important is that employment, and they be affect the economy to midterm if the UK goes bad and to other hand the EUR it's can be benefitially.
EUR/GBP near to leave at the 0.618% of Fibonacci to continueHello guys, using the Fibonacci we see that the price it's go to up a little and in some minutes the price it's touch the zone of 0.618% of Fibonacci. Also let's me see the present the 3 targets profit of the Fibonacci for trend:
Targets:
Target # 1: 0.382%
Target # 2: 0.618%
Target # 3: 0.786%
And also, the price it's can be a less possibilitie to reach more of 0.786% of Fibonacci, but, this is my perfect target to find down. 1.237% of Fibonacci, this is the 4th target profit.
Also, if you see my lastest technical analysis and make a short in the 8990,congraluation because we are in profit, if you not close your position and keep open up, I reccomend that it's time to make a break even, in the zone of 0.8972, and secure near of 20 pips until the complete your take profit to earn. Now, I show you when to put your breakeven, so look up and see and learn what I do.
So, the price is now in the Fibonacci, also, we are found in the butterfly bullish, and this is a potential siganl to reverse the bull trend. The only we need is to hope and see if the price is go down later to confirm the 0.618% of Fibonacci, and see if the price go to break down the resistance line that was in the past, now the resistance line past is now the support, if this broke down, the price it's can be to reach at So, in some days, I want to dedicate a special technical analysis for this par in macrotrend to see what do the par do?.
We continue in down trend for USD for risksToday, for USD pars, we see a bad news for an US economy and there are risks and even a sell off. Now, let's me see to review what I found out in investing.com
1. Dollar and Risk currencies down amid second wave fears.
2. There are a risk hard in Dollar while the cal of storm
3. The U.S. consumer confidence rises as covid-19, unemployment shadow lingers (That is included a bad news for the situation of all unemployment in US)
4. And next U.S jobs report set to be even more confusing than montly pass, in that case May 2020.
So, guys in summary this is a bad news for USD about the situation of rise of cases fo covid 19 in California with 3k a day, and also, New York and Florida seen a record numbers in the nation.
Now, in my technical analysis, I see that USD.JPY has a formation of bullish butterfly, but rememebr that we entry in sell and trend. And the moment, we see in the price action of that show a reversal and continue trend bearish.
That's all my technical analysis = fundamentals
Let's me see a thing that I don't say in my other currently technical analysis. EUR/USD has a force to continue up. So, in that case I have a news for EUR.
And it's to come down of there: EUR see a some benefit from Market safe haven demand. Amid news that a second wave of coronavirus infectios could begin, investors are more eager to look for safer investments to buy, but this movement is benefiting the EUR.
Long in EUR/GBP (Updates):Hello guys, and what's comming up today at night. Well, in htis par, EUR/GBP has a possible entry in long using the MACD and price action, in that case I use Heikin Asshi candlestick to try how it's work, and did you know? This is my first time that I use this candlestick. So, also to mentioned, there are a 75% of probability that this par is up and we need to discart the shoulder head shoulder so what mentioned yersterday in my previously technical analysis. And now, we see that we are in the formation of BAT bearih. And so, there are a nice target profit of 76 pips. But rommorow, I go want to stay alert of what EUR make, because in this week there are a good news for currency called Euro. So, also, we can to break up the resistance line and see a EUR/GBP invevitable a high of 2.618% of Fibonacci, if it's was the root cause, we can to see a possible formation CRAB. So, get success to your analysis!!!.
AUD/CAD has a possible shortHello guys, in this technical analysis, I want to recall that AUD/CAD is into the bullish trend, but now, from few days we have a bearish BAT, so, look below:
In Daily timeframe, we are in the in this BAT, and so, it's neccesary a correction before to continue up the price.
In H1 timeframe, we are in the bearish BAT, and so, this is a good signal to put in short position.
And as reference, RSI it's show that this par doesn't have force to continue, and if using the price action in H4 timeframe, we can see that. And also, we are in the supply zone mark in yello, so, the moment of sell is inminent.
CAD/JPY into the drop of BAT bearishIn this technical analysis, CAD/JPY it's seem to going to find down the zone of 0.382% of Fibonacci or 0.618% of Fibonacci and that it's a good proyectio nto make a short position, because if you see any indicators, we have a bearish divergence on there, in MACD is the same situation like the RSI, both it's show me a possible sell moment for this par, So, I make a sell order limitat 78.40. So, the cuestion is to hope to activate my sell.
Also. other theory it's show me is taht we are in the lliot wave cycle and we came of the number 3 elliot wave finished, and we can to going to find down the number 4 elliot waves and then continue to finish this cycle. This is a fundamental to take in see. An also, we broke up the bearish channel that it's show us in the Daily timeframe.
So, you can to zoom in or zoom out if you want my technical analysis, also I add a perfect screenshoot below.
If you see, we are in this rising wedge, but out of there, we are into the bearish channel descendent, and the price action it's seem that want to going to up the price that I add another screenshoot below.
So, this is all for my technical analysis. So, this is my lastest operation that I make in the week, and I hoping that USDJPY and CADJPY is accomplish my expectative what make in my mind.
Scenario Possible for USD/JPY about my predictionsGuys, I don't trade trading this week because I make a following, but I complete my weekly to earning 15% in my DEMO account, but this is my scenario possible what USD/JPY can be. Now indicators like RSI and MACD are in the higher zone, and a possible drop of the price it's can to find down the -0.273% of Fibonacci or -0.618% of Fibonacci to complete the bullish Gartley armonic pattern. And also, and a sell it to find up 38 pips it's a great to take a consideration, and the range of 50 pips if you want to entry in a sell it. So, for me it's short position what the price do. And later going to put a buy order, but with confirmation of price action and indicators what use it.