Hey traders, here is the analysis for the CADJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
HERE SIGNAL ENTRY FOR TRADING GIVE LIKE AND COMMENT BELOW
Hey traders, here is the analysis for the CADJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
i am expecting a reversal on most of CAD pairs this coming week. EURCAD GBPCAD CADJPY and USDCAD.
as we shared our analysis last week and market follows our predication and went exactly there to retest now market is at demand zone and going long look for bullish confirmation on lower time frames and enter long with your own money management always remember that patience and discipline are the keys to success last week prediction link is here
Considering the long term Bullish perspective ( see weekly chart), I see a correction phase of the Bullish Impulse leg (began on the 21st of April, 2021) happening since the price broke below Y90.000 on the 17th of June 2021. Tendency: Uptrend (Bullish) Structure: Breakout | Supply & Demand | Correction phase Observation: i. The successful Breakout...
#CADJPY market has broken out strong support and the bearish candle is closed below support. Now it will retest it and will go further sell.
I feel as if the huge impulsive move was just a hunt for liquidity on this bearish trend, now that we have got it out of the way, we should be able to continue smooth sailing to the downside.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
#CADJPY is not able to cross-resistance so it's gaining more power. Once it will broke the bearish trend then there will be confirmed buy.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Few hours prior the BOC Interest rate statement we find CADJPY hovering above a major support level 90.300 ,aided with 61.8% of the fibonacci retracement which portray an strong demand zone with bullish confluence.
In my opinion this is still long.. The structure of price is yet to be broken and if you look at this properly you will see a higher high was created and a choppy retest is taking place.. TREND IS YOUR FRIEND
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hello Fellow Traders, Here is a Full 4H Hour Mapping Analysis For CADJPY. Try it! The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some Rejection / Confirmation / Direction 2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure Aka...