After false breakout above 111.00 level, Canadian dollar will weak and send CADJPY under 107.00 Trade safe. Good luck.
CAD-JPY retested the Broken rising support line And is now making a pullback So I think that it will go Even further down !
cadjpy is looking for the bearish trend and 110.80 is looking good retest level and we can add our short position here if we talk about the weekly trend then weekly trend will be go down with strong Candlestick formation
Keep it simple, back to basics.... whatever you want to call it, this chart is saying everything we need to know. A series of LH and LL or a break of structure - either way the message is clear. You can go short right away, or on break of trendline or the s/r zone - depends on your trading style/risk tolerance. Being prepared for the unexpected is a good idea in...
The CAD/JPY pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Sell Entry: Consider entering a short position around the current price of 111.46, positioned close...
Pair : CADJPY ( Canadian Dollar / Japanese Yen ) Description : Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame Completed " 12345 " Impulsive Waves RSI - Divergence
Hey traders, Let's talk about CAD/JPY and the lucrative selling opportunities it presents amidst changing external liquidity conditions. With two significant liquidity takeouts, the market is signaling potential turbulence. It's a critical time to adapt your strategy and capitalize on selling opportunities. Utilizing the SIBI analysis: Strength: Evaluate the...
A very warm welcome to new followers, This is my gift to you : Two side trade on this currency. First one : Sell at : 111.67----111.70 Stop loss : 111.86 Target :111.06......110.78 Use a good stop loss to keep safe your money. Put your valuable comment , follow and share Have a great trading week
As of now, it may touch back the upper level a bit. then It will come back after touching a resistance which you can see on this 4 hour chart. If we talk about the weekly trend, then the weekly trend will also go down with strong formations and it includes strong candle formations. you Can sell it from 111.75-111.85 Area and you can use Stop loss 112.55 First...
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 111.000. Like, comment and subscribe to be in touch...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity CADJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
We have a very good setup on CADJPY with lower TF confirmations. Tight Stop loss will give you 66 Risk to Reward ratio. All my analysis can be wrong so do your own research and analysis before investing. #cadjpy
CADJPY price actions shows 4H divergence with >90% bearish/short sentiment. Will it execute the bearish sentiment? Trade Plan (Bearish Bias) SL: Price HH Entry: Previous HL TP: 1:1 risk and reward + strong support level
Canadian Dollar Japanese Yen traded at 110.6680 this Monday February 12th, decreasing 0.2697 or 0.24 percent since the previous trading session. Looking back, over the last four weeks, CADJPY lost 1.94 percent. Over the last 12 months, its price rose by 11.42 percent. Looking ahead, we forecast Canadian Dollar Japanese Yen to be priced at 111.2592 by the end of...
CAD-JPY retested the Broken rising support line And is now making a pullback So I think that it will go Even further down !
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in an accumulation phase, so I expect we can see AMD pattern, price firstly to take buy side liquidity and then to distribute lower for sell side liquidity. Like, comment and subscribe to be in touch with my content!
Hello Traders, here is the full analysis. I expect the market to fall and short it from resistance, levels for SELL . GOOD LUCK! Great SELL opportunity CADJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about...