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i am expecting this to go down to the line. once there, will update again
see previous below
Weekly (pink): We are currently in wave 4 of the weekly structure. I expect wave 4 to complete to the top of the structure before we will see whether there will be a break of the structure to the upside on this wave or whether there will be a 5th wave to the downside first.
Daily (blue): We are in wave 3 of the daily ...
Price recently broke with a strong bullish push the daily resistance. Came back now for the retest and gave us a strong bullish engulfing candle, breaking the down trend line of the correction. Now it came back to retest the broken down trend line and showed again some strong bullish presence. Price is also located between the 50 and 61,8 levels os fibonacci of ...
Buy if price break 86.43 and close a 1h candle above it.
Target and stop are on chart.
i personally like this pair. am expecting it to go down now. if it breaks the blue line down then short it.
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i am waiting for the bulls to take over on this one. should be rapid
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CADJPY long term bullish approaching resistance. great opportunity to short.. limit SELL order in place.
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CADJPY sell. Price at top of channel and flirted with resistance at end of US Session. Looking for a nice M on lower time frame or a DOJI on 4HR for confirmation
i feel this is an important moment for another pull back or for cadjpy FX:CADJPY to break the top. follow it closely and you will find a good trade
Retrace up on smaller time frame before heading south?
CADJPY Falling Wedge on 1Hr. Chart
Wait for a break and close below before entering.
CADJPY potential sell coming soon.. Fundamentally CAD to not raise interest rate and keep it to 1.5.. if they hike rate then go long instead. RIsk Reward 1:1 & 1:2 (40-80 pips) or exit whenever you want. please use proper money management.
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hi again , lets work harder see the result we hope forecast goes well as we see
As you can see in the picture price on the daily timeframe is possibly going to break out of the range and a well respected support and resistance level.
We will wait for close of daily candle before we send out ENTRY, SL and TP to our clients.
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Going long after a breakout at 85.807 level to 89.066 level