At exactly London open we had some momentum. Therefore we shall see some movement to the top.
So yesterday our SL was hit badly but still the bullish momentum is strong. Expecting a pullback here. I have two targets for this.
#CADJPY Sell Idea ..........................................................
CADJPY The price perfectly fulfills my last idea and the market went down from the resistance. The price is pulling back to resistance again after bouncing off the support level . If the the price breaks the upward trendline market might go lower because resistance level was rejected 2 times. I am waiting for the price to roll back to the support level because...
I am taking a sell on CAD/JPY if price can get into this area either in asia or london session. Invalidation would be if price gets into this area either before asia open (12:01am) or after london session close (11.01AM) UTC Time.
price is moving near strong resistance where strong chance thats zone will respected and pair will fall down if this structure will valid we wiill see our target near strong support/. Here one thing should be notice price fails to break trend line which may act again and push the price gain to the resistance zone. now at current situation we should wait for proper...
#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG. The reason for that is because the Bank of Japan did not intervene in the long term to strengthen the JPY, they are...
price is moving near strong resistance where strong chance thats zone will respected and pair will fall down if this structure will valid we wiill see our target near strong support/. Here one thing should be notice price fails to break trend line which may act again and push the price gain to the resistance zone. now at current situation we should wait for proper...
COT: - Non-Commercial Positions as of 28-1-23 - JPY inverted (down = less shorts) COT JPY (YELLOW): - Moving less short since mid OCT-22 - JPY COT dictates CADJPY price since mid OCT COT CAD (PURPLE): - CAD moving more short since AUG-22 - CAD sideways since begin JAN-23 - Early indication that CAD is recovering from weakness across the board? TARGETS: -...
Hello traders! ‼️ This is my perspective on CADJPY . Here I am looking for a short position if price takes out buy stop liquidity above equal highs and then rejects from bearish orderblock + institutional big figure 98.000. Also, we can see divergence in formation on H1 timeframe. Like, comment and subscribe to be in touch with my content!
The bullish butterfly has been completed and confirmed in the Daily base time frame. It is an excellent long position for "Swinger Traders" with narrow risk but a high reward potential. have a good trade
Let us see how far market will go. Thank you. Please, like, share and comment
CADJPY sell Entry : 97.623 Stop : 98.405 , Target1 : 96.853 , Target2 : 0.96060 Risk/Reward Ratio : 2
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all the jpy pairs look similar in the bigger TF , will wait for nice break of this trend line, for any long ideas.
Crude oil prices in most of the world's physical markets have started the year with a rally, as China has shown signs of buying more, and traders fear sanctions against Russia could tighten supplies. Early indications show there has been an increase in activity, which means oil demand will increase. The EU and G7 coalition will cap the prices of Russian products...
A third possible lower high in a row, followed by breaking of fibonacci support level with strong bearish candlestick are a good entry point for bears in this trade