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Shortposition

EUR/CAD has the possibility to make a drop correctionHello guys again, I analize the Euro against the Canadian Dollar. It's mean the European Union wihtout the Canada. Well, in this technical analyse EUR/CAD was formed a bearish rising wege, that mean a possible gran correction to find down at least 220 pips, but not is yet already. We could to see 2 formations: A bullish channel or a bearish rising wedge in formation. That is mean in this par EUR/CAD. We could be this in Daily a formation of bearish rising wedge in Daily timeframe. Or we could to see it in Daily a bullish channel ,the mos fiable for me is that EUR/CAD want to form a bearish rising wedge, its the most probability to formed. That is all for you my trader, so in H1 the only we hope is the price is go up a little and hope a bearish candlestick confiramtio to entry in short. Now, looking in H4 timeframe I see a drop of the price, because EUR/CAD is so weakness, and both indicator show it situation.
Short
by harisonhbn9718
Canadian Dollar is strenghten agains the US Dollar!!!In this technical analysis, Canadian Dollar is more strenghten than US Dollar So, I make this analysis in Daily because it's seem a nice opportunity in short of this par for the next days. Because US Dollar is weakness than US Dollar. Also, htis par is one of the opportunity month to find down pips because I proyect a possible drop of 600 pips. Followin the elliot waves analysis, we are in the Elliot Wave #4 to find down the Elliot Wave #5. This is a huge opportunity for longer in short. That is what I explained in weekly taht the price is go down to find down the trend line of ascedent triangle that we were from 2015. But rememebr than in long-term we see a USD agains the CAD so bullish into the target at $1.64 CAD, and that mean that Canadian Dollar is continue devaluated from long-term agains the USD and that is a great opportunity if you want to put in long position when the price is leave at $!.29 CAD approximately, that is the 600 pips of bearrun that I hope.
Short
by harisonhbn9718
2
Updates: Another confirmation to put in short positionBitcoin is into the bearish rising wedge, so this is a nice scenario to put another lots of Bitcoin to earn money, and we are to finish the Elliot Wave Correction ABCDE to later in some hours to drop and find down the green support that we can appreciate in Daily. Also, another confirmation is that we are into this descendent channel that we can to appreciate in H4 timeframe. And finally, we are in Daily that objective so bullish later the Bitcoin goes to the demand zone of the green zone I will going to check other altcoins now!!! That is an interesting position to put in short in Bitcoin as another altcoin to see it.
COINBASE:BTCUSDShort
by harisonhbn9718
Canada Dollar is strenghten agains the US Dollar: FundamentalsIn this technical analysis, US Dollar agains the Cadandian Dollar!!! Remember tha expectative for US Dollar is bullish, but we are to find down the Elliot Wave # E, I believe that this par is one of the best technical anlysis to make money in the next week invest a considerale lots to earn money!!!! But, It's so beautiful to see how US it's been one of the country more with Covid-19 cases, That spend time a drop off of more of 4% in US Dollar. In Daily, rememebr we follow this squenze, because we are to find down the Elliot Wave # 5 in Daily timeframe. Also, if you noticed it, we are in the shoulder head shoulder with a possible drop of the price. So, I prepared to invest in this par for the next week to earn money. As we follow the elliot wave squenze, we are in the good zone to put in short position Now, in H4 timeframe ther are an interesting entry in short, remember that the key is in H4 and Daily timeframe, are the most effective entry in short. Also, in H4 I identify a formation of Bullish Gartley, for not of all, because the trend is beairhs and we hope a confirmation of the price, this i analysis is so interesting to put in short, so so interesiting that you not imagine. Well, this is the fundamentals what I found out today: 1. USD/CAD falls to one-week low as Bank of Canada says economy amoided worst case scenarios. 2. Bank of Canada kept it's fench-mark interest rates at the effective lower bound of 0.25% and now to keep rates unchanged until at least 2023. 3. Bank of Canada say a recent data had suggested the economy had bottomed in April, in a boost to hopes of a robust recovery 4. A comment of the Bank of Canda said this morning; "We now estimate that the economy contracted by afort 15% in hte fist half of the year, but as deep as this it, it sugggest the economy has avoided the most scenarios . 5. Bank of Canada did an indication that permanent scaning from the covid-19 pandemic will reduce the economy's long-term productive in 2022 6. Following the Canda's trend, the bank also pledged to continue to purchase government's bonds to keep rates low across the yield curve and support lending activity, and the back will continue its large-scale asset purchase program at a pace of at laast $5 billion of Canadian Dollar per week of governments to purhcase Canada govern'ment's bonds. So, this is so bullish for CAD and bearish for USD, that is simple!!!
Short
by harisonhbn9718
Updates for Bitcoin: Bearish Channel Rising Wedge Alert!!!In sca;ing timeframe 30 minutes, we see that Bitcoin has formed a Bearish Channel Rising Wedge, that pattern is continue of the microtrend, in that case is bearish. We continue in bearihs sentiment at this Bitcoin. Logically because there are a buyers hope to buy in this lower level in the exact zone of $9,000 USD. So, what mean this chartist patter? That mean my frined is a sell off and there are a second opportunity to entry, I alreayd entry in sell at $9,219 USD and I'm in profit, so the moment is the entry in this to sell Bitcoin if you done entry in the higuer zone. So, in the next hours we needed to see a Bitcoin go back to the level of $9,000 USD. So guys, sell Bitcoin, and also, I add another 0.01 lots in Bitcoin to sell because my lots in Bitcoin to sell that I invest was of 0.06 BTC previosuly in sell + 0.01 lots add, So, I have 0.07 lots in sell of Bitcoin Also, in H4 remember that we are in this bearish BAT with a large longer until the $9,000 USD. And also, as my collegue in my You Tube: The Moon say that as I say you that buyers are hope to buy Bitcoin at this zone as Bears makineg a down the price. And to see so beautiful, we see in H1 timeframe the elliot wave analysis, we are in the elliot wave # 4 to later in the next hours to find down the elliot wave # 5 at $9,000 USD, if you want to large the target profit you can to do until the $8,950 USD,that is my zone that could reach Bitcoin in that yellow zone on Daily in demand. That strategy are about and absed for supply and demand, that is my strategies what for now I am making success.
COINBASE:BTCUSDShort
by harisonhbn9718
3
HUGE 371pip short on CADCHFToday I entered a huge huge 371pip short on CADCHF - with the reward risk ratio of 7.41. I'm looking for a break of the marked 4H structure and for it to retest and continue down to the desired target of 0.66215. I know a lot of people will say this is ambitious, and I agree - but I from an analysis that I'm following and have checked out. I feel that this is a great opportunity for a longterm short. Something I'll be keeping in mind would be the news coming from Canada on Wednesday - especially the CPI report which will certainly have some High Impact on the Pair. Please let me know your guys thoughts! *Please note this is my own personal analysis, and I strongly recommend that you carry out your own analysis before executing a trade. Please do not take this analysis as gospel.*
Short
by danieljamesfx
1