we dive in deep on the capjpy pair for a bullish bias we see major weakening in bearish pressure
📉 Expecting bearish price action on this pair as price takes out liquidity above accumulation area, taking out weekly highs stops rejecting 91.000 institutional figure h4 with a bearish candlestick closure. What do you think ? Comment below..
📉 Expecting bearish price action on CADJPY as price rejecting a bearish orderblock on h4 with bearish confirmation. We are in a bearish market strucuture on a HTF premise, as JPYBASKET is bullish. What do you think ? Comment below..
The CADJPY chart is clearly a W-pattern and its base is roughly 87.70. The neckline (estimated) is 91.89. The current cloud support not far from current market and to maintain the positive price action, we should remain above 89s for now. The price objective on the break of neckline lies around 95.00-95.50, which is not bad. we buy current or anywhere near...
Price has completed the C leg of corrective wave Primary ((4)), and the price will march for impulsive wave ((5)). Wave Formations: Wave ((1)) - Leading diagonal - Formed on extreme low - Termination sub-wave 5 is smaller than 3 Wave ((2)) - Zigzag - 50% of wave ((1)) - Ended near the sub-wave 4 of an impulsive wave. Wave ((3)) - Impulse (Five wave...
Hello. Due to the twin floor formation and positive divergence and neck line failure, I predict a price of 61.8% or 78.6% before the move.
CADJPY is forming a likely W formation and this means we will see much higher levels in the coming weeks. Th support is in low 87s with current GANN resistance 89.42. I feel we should be buying between 88.50-88.75 and a stop below 87.25. The objective in the coming weeks is around 92.50.
in my view about CADJPY buy long and take long profit but i gives you small profit here
On H4 timeframe we can see that the price has bounced of a strong support levels and also came back inside of long-term Descending Channel (bullish) Pattern, which suggest that the price is ready to move (much) higher. Furthermore, the price broke downtremd line, that is clearly seen on H1 timeframe, which also confirms the bullish move with this pair.
The long-term trend for CadJpy is clearly up, and at this moment, the correction started at the end of October looks done. The pair found strong support in 89 zone, a zone that acted as support or resistance multiple times in the past. As long as the pair stays above this zone I expect a new leg up and the first target can be 200 pips above, at 91.50 zone. A break...
Hi i have two way for this pair currency . Best Regards.
HI WAIT FOR THE TEST AREA open position : ? take profit : ? S/L : ? Best Regards.
Hi everyone this is my trade set up for the CAD/JPY for the new week ahead CAD/JPY i am expecting a pullback to the order block zones and will be looking for a BUY trade look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk management in place good luck for...
Undoubtedly, the trend for CadJpy is bullish and, the drop from above 93 is just a correction in my opinion, with overlapping tops and bottoms(also looks like a flag). The pair found some kind of support around 90.50 and now is consolidating. Although I don't rule out a spike under 90, I will consider this a good opportunity to buy in anticipation of a...
Hello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/ On the Monthly we are bullish with an ICI to the upside which the market is currently retesting the previous resistance turns support once we see a close above the support we can see a continuation to the upside. Dropping down on the...
Hi fellow traders, CADJPY will be a buy from the blue box area. Goodluck!
In the past week, CADJPY has broken above and retested a major Weekly/Monthly resistance for the first time in years, which indicates the trend is still healthy, and up. The next target is 98.650, althought i am planning to take some profits at the (A) pictured level, before i anticipate a potential Weekly retracement to the 91.400 support/resistance level...