CADJPY Selloverall the price is still moving inside the channel.
after the price dropped very strong, currently price is on correction movement.
We are waiting for the next impulse that will bring price coming down towards D point on the potential ABCD pattern.
to minimize risk, wait for a correction in the smaller time frame for a confirmation
Indonesia
XAUUSD Short At the close of the market last week the price was successfully held in the yellow area which is a pretty strong resistance and formed a pinbar.
the area is strong enough to hold the price movements in the previous weeks.
And this give us an opportunity to sell with an initial target of 1493 and a final target of 1485.
AUDUSD Potential Movementprevious analysis :
currently the price is hitting the resistance and forming a bearish butterfly pattern, but I will only focus on finding a buy position.
which is when the price is testing the 38.2-61.8 area which is the default target of the butterfly pattern. the final target is at 78.6 level which conflunce with 1.618 ext