A Bearish Bat Pattern setup could be an opportunity for counter-trend traders to latch on to the trade. The earliest I would consider engaging in this trade is 10 am (GMT +8) as I must wait for the candlestick pattern to close. For this setup, I wouldn't mind if i touches the arrow and reverse because that could bring in the AB=CD traders to join in the fun....
In this review, I made an analysis on CAD/JPY in my analysis there. Where in the starting of this week, I was shorting CAD/JPY from $108.62 JPY and my I had my target fix to $106.96 JPY. What during first trade on Wednesday, October 26, 2022, And regarding that CAD/JPY was in the formation of this bearish BAT Harmonic Pattern in formation, my expectative was...
Here is our technical view on CADJPY. CADJPY is trading within a demand cluster. Based on our stand point the price will accumulate to the next structure resistance. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! Indecision in the market is changing Towards a well defined bearish sentiment And the price action on the lower timeframes Is clearly supporting this narratve Therefore, I think it is a goodidea to go short! Like and subscribe and comment my ideas if you enjoy them!
Hey traders, Here is our technical analysis on CADJPY. CADJPY is coiling on resistance cluster. Based on our stand point the market will dump to the next structure support. ❤️ Please, support our work with like & comment! ❤️
In this par, we see that Canadian Dollar/Yen Japanese drop too like CAD/CHF. So, because as I share in the morning that we see a good opportunity to short CAD/JPY in the 0.782% fibonacci, after that, we see a bearish BAT Harmonic Pattern ,and that was a good choose to short Canadian Dollar. Now, the only udpate that I will modify here it's the target profit that...
CADJPY : What Can Happen During The BOJ? 📣 BOJ (Bank of Japan) I do not expect the BOJ to raise interest rates tomorrow. It is in line with what the market is also expecting. The probability is that BOJ can focus more on the steps with their intervention in the Forex Market. However, we have seen the BOJ bringing new surprises into the market, so they can...
CADJPY The price is currently above support/resistance structure, if price holds above the support I expect the price to move higher... Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Hello traders! In my opinion, in short term this pair will be in these levels : Target one: Sell 0.9900 Target two: Sell 1.0200 Wait for confirmation! Don`t forget to look the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
CAD/JPY look bearish like CAD/CHF. And also it's look very interesting to short as incoming news come from interest rate decision by Bank of Canada. I put a short position in $108.62 JPY entering in three market price. Stop Loss fix to $109.34 JOY. And this it's my target profit to $106.45 JPY We hope a bearish movwmwnt in this par We're forming a bearish...
Hello traders! In my opinion, in short term this pair is Buy. Wait for confirmation! Don`t forget to look the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
If CADJPY breaks the high, it will push up and we will be looking for buys instead. With current market structure it is showing bearish moves, so I will be expecting a breakout once its breaks through the low (red zone) then we will be on heavy sells! Cheers scalpers!
Hello traders, As it comes to CADJPY, I see that after the positive CAD news on Friday, this pair has been sold hard. I see a break of Trend line and support zone and I can see a Friday closure at retest price action. Perhaps the pair might go up for a bit, but this will indicate nice short opportunities to the previous support zones. Note: The Bank of Japan...
CAD/JPY Will we go higher or is this already a peak? 🍁Unemployment remaining low at 5.2%. 🍁Inflation slowly slowing The latest reading on 19 October indicated 6.9% which, compared to the peak of 8.1% recorded in June, offers a breath of optimism. 🍁Interest rates definitely higher than in the EU. At 3.25%. With the next rate hike due on 10 October, the market...
GOLD PREDICTIONS we are hoping for the gold to go up from 1643 to 1700 almost 600 pips hope you all will make fortune out of it
I'm waiting for a lower time frame correction to continue the move up next wave up Thanks for reading AS ALWAYS TRADE SAFE AND STAY SAFE!