💵Pair Name CAD/JPY Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish...
Preferred direction: SELL Comment: In addition to the euro and pound , the priority for selling the US dollar also applies to other majors . In this case, we will analyze USDCAD . In the medium and short term, the instrument is looking down quite confidently; we do not rule out a potential small rollback upward, but the main mood is, of course, bearish....
After the dip and the double tap in 104 support back in December, CadJpy started to rise again and resumed its long-term bull trend. Now the pair is trading back to important 110 zone resistance and a break up seems imminent. The recent dive under 109 was quickly reversed, which also adds to my bullish perspective. In conclusion, as long as the recent low is not...
Expecting price to complete the ABC correction and head bullish to take out Buy-Side Liquidity. Please, like, share, and comment.
In time h4, it is moving in an upward channel, which is currently in the supply zone. If the area breaks upwards, it will be able to reach the ceiling of the channel, otherwise, if it faces a negative reaction, with a shorter ceiling, you can enter a sell position until the bottom of the ascending channel. ----------------- Please support this idea with a LIKE and...
Hello,Friends! CAD/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 8H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
✅CAD_JPY is already making A pullback from the Horizontal resistance of 110.374 And as we are locally bearish biased We will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! CAD-JPY went up to Retest the horizontal Resistance level of 110.373 From where I think we Will see a local Bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
CADJPY is rising to a pullback resistance, from there it could potentially reverse to the take profit level. Sell entry is at 110.300 which is a pullback resistance. Stop loss is at 111.084 which is a swing-high resistance. Take profit is at 109.117 which an overlap support that aligns with 23.6% Fibonacci retracement and 78.6% Projection level. High Risk...
CADJPY may drop from a key daily horizontal resistance. The price formed a double top on that and violated its neckline. Goals: 109.86 / 109.6 ❤️Please, support my work with like, thank you!❤️
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 Next Possible Move .........................................................
Hello,Traders! CAD-JPY went down just As I predicted but will soon Retest a rising support line From where I think we will See a local bullish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️
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!
Take a look at our analysis for CADJPY. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 109.535. The above observations make me that the market will inevitably achieve 108.510 level. P.S Please, note that an oversold/overbought condition can last...
💹 Forex Quick Check: #CADJPY 📉 Trend: Reversal 🚀 Action: SHORT @ 109.587 🎯 TP: 108.403 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #CADJPY. CADJPY was in the uptrend and then it has change its direction. We had a newly formed resistance level, which can be retested and then this will goes down up to the mentioned...
CADJPY is on a downtrend and falling to our buy entry level, it might breakout and drop further to the take profit level. Sell entry is at 109.033 which is an overlap support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 110.188 which is a level that sits above the multi-swing-high resistance. Take profit is at 108.008 which is...