Guys Am currently looting some money in this CADJPY Market. My Heist started at the Moving average Pullback in Sydney session💰.
Hello, traders I have been analyzing the CADJPY market trend for a while now and if you look closely it has created a rising wedge pattern on a Daily time frame for my understanding, this pattern signals a bearish move. So now I will wait for the price to break the trend line and that zone I highlighted and come back to it and act as resistance then I can look for...
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Hello,Friends! CAD/JPY pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 110.076 because the pair oversold due to its proximity to the lower BB band and a bullish correction is...
Though we have a bearish outlook on the monthly charts, currently we are in a strong bullish correction that is printing higher highs seeking to mitigate supply zones (118).On the weekly charts we still have the same bullish bias. On the daily charts, we are in a minor bearish correction targeting the weak demand zone between 108-94 price handle. On the 4 hour we...
We are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs. Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement- then we look for a bearish market structure shift on the 1hr and ATTACK! This is looking like a very yummy short! Follow and Stay tuned my friends ;)
Hello,Traders! CAD-JPY kept falling down But has now reached a Horizontal support of 108.871 From where I think we Will see a local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to make a retracement to fill the imbalance and then to reject from bearish order block + institutional big figure 110.000. Like, comment and subscribe to be in touch with my content!
✅CAD_JPY fell again to retest the support of 108.884 But it is a strong key level So I think that there is a high chance We will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Preferred direction: SELL Comment: Medium-term shorts continue to be relevant for the USDCAD currency pair. As we said earlier, scenario №2 is more likely and even more effective. At the moment, there is a fact of accumulation of market longs, which provides a so-called resource for a fall. Here we note the presence of a limit buyer for CAD . Also, do not...
My dear subscribers, My technical analysis for CADJPY is below: The price is coiling around a solid key level - 110.15 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 110.58 My Stop Loss - 109.90 About Used Indicators: By the very...
💲Pair of Name FX:CADJPY ( Canadian Dollar / Japanese Yen ) 🗨️Time Frame : 4Hrs 💸Direction : Bear Break Out! ( Short ) ❔Type of break : Swing High to Mid Low ———————— Description -------**-- We are in expectation of a Break Out to the downside. Back down to the lows of January. Along with that, there has also been. Liquidity restored up below the up trend line so...
A short position can be taken on the specified levels
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Here is our detailed technical review for CADJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 110.317. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 110.600 level. P.S Please, note...
✅CAD_JPY is going down to retest a horizontal support around 110.200 Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 110.600 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! We are going long on the CAD/JPY with the target of 110.927 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅