with the volatility of world oil prices, and the volatility of the Japanese yen. made the price of the CADJPY currency pair skyrocket. however, it is clear that sellers have started to dominate the price movement in the last week. the best opportunity to enter the market is to wait for the price to touch the supply area as in the chart we present
Hey traders, in the coming week we are monitoring CADJPY for a long term selling opportunity around 99 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
H1 Timeframe Price moving very slowly bearish, for more I consider this more of a consolidation which goes against my trading plan. The overall structure of the market is bearish but until I see a strong bearish candle pushing price lower I would be very wary about opening any positions here. M15 Timeframe Need to wait for more hourly confirmation. FX:EURUSD
H1 Timeframe Price breaking structure to the upside. We have seen an attempt to break back within but HTF momentum has managed to push price higher. I am currently in an open position with this looking for HTF momentum to continue to push price higher, even if we do set a new trend for this reversal we could still take a slice from this deep pullback. M15...
Hey traders, in this week we are monitoring CADJPY for a buying opportunity around 93 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring CADJPY for a buying opportunity around 92 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Now, CADJPY near its resistance area. Im looking for short and take profit in previous resistance.
Hello Traders, Price on CADJPY Daily Timeframe is approaching an important Resistance area to continue to Weekly sell trend. Our intention is to sell CADJPY using Lower Timeframes. If all our entry rules are met we will be taking a SELL Entry from 1H timeframe. BIAS: SELL (If our entry rules are met) Timeframes for high precision entry: 60 Follow for Free...
Hey traders, in the coming week we are monitoring CADJPY for a buying opportunity around 91.75 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
CADJPY has almost completed the sub C wave and we're looking for it to drop to complete the bigger C wave. Trade Idea: - Could drop any moment so go on to lower timeframe and find entry reasons for SHORTS - setup invalidated if we break above our sell zone - Target the major ascending trendline (250pips) Goodluck and as always, trade safe!
Taking advantage of the dynamic resistance, we have a good short opportunity on CADJPY, with SL above today's highs, with 1:2 RR.
Hey traders, in today's trading session we are monitoring CADJPY for a selling opportunity around 91.4 zone, once we will receive any bearish confirmation the trade will executed. Trade safe, Joe.
CADJPY has been in a solid uptrend for some time now however the price has been unable to past the recent high of 91.00. The RSI levels on the 30m and 1hr time frame are in very oversold regions which indicates that price could fall from here. On the 2hr time frame, there is some selling pressure appearing on the recent candle which also adds to our short bias....
Hey traders, in today's trading session we are monitoring CADJPY for a selling opportunity around 90.6 zone, once we will receive any bearish confirmation the trade will be executed.
CAD/JPY is hovering nearly to its trendline resistance zone. CAD is a bit strong enough against most of the major currencies. But JPY is considered a safe-haven asset, and we should not forget it. And technically, many times, CAD/JPY dropped from the trendline resistance level. So, I am expecting this also CAD/JPY can drop from the trendline resistance zone to...
Hey traders, in today's trading session we are monitoring CADJPY for a selling opportunity around 90.7 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hello Traders, CADJPY is in retracement mode on the Daily timeframe. On Daily timeframe price has been rejected multiple times in the previous weeks, giving us a sell bias on the lower time frames with a good risk to reward of high probability. We are waiting for a buyer retracement, which if satisfactory as per our rules will provide us with a good...
There were buyers around 90.600 in January. That range was broken and now is obviously above that rate. I think market will reverse from there and came back to the demand zone. I will close my position at the TP, you can hold longer (not recommended).