FX:CADJPY   Canadian Dollar / Japanese Yen
Greetings Traders this is my analysis for CADJPY and it is short.

On the chart we can see that the price has touched the resistance line and it is preparing for a downtrend movement.

We can see on the chart that the price has reached the Resistance Line after a good uptrend swing movement.It was a result that has touched the Resistance Line.

Now it has reached its potential and it is preparing for a Downtrend Movement .

I wont remind you of the importance of stoploss it can be above the Resistance Line

Traders Make your analysis before trading.

Please Leave a Like,Comment,and Follow!

Thank you!

Comments

I agree with you
+1 Reply
I like your idea bro.
+1 Reply
JPY is weak right now. Hope this one plays out for you mate!
+1 Reply
Zaks_ForexSignals1 SharkFX_Academy
@SharkFX_Academy, Hvala :)
Reply
This analysis was spot on. HUGE thumbs up!
Reply
Well done!
Reply
Very nice work.
Reply
Nice chart!
Reply
Agree with you and i can add , if u put on chart MACD there is big divergence (bearish) on daily chart too, supporting your idea
Reply
I'm following your thoughts 🙏🕯
Lets go bro
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out