CADJPY is consolidating at a resistance level, which is a psychological level. Price action is struggling to make a new high. A false break of the level is going to be the perfect entry signal to sell. ------------------ Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders! ⁉️This is my analysis on CADJPY . Here I expect price to continue the retracement to fill the imbalance and to reject from bearish orderblock + institutional big figure 106.000. We can correlate this move with JPYBASKET. Like, comment and subscribe to be in touch with my content!
CADJPY 2 times test 107.600 level /Strong resistance/. Last time test price get hard dumped. My guess is beginning of CADJPY downtrend. The price retest 61.8 fibonacci level get rejection.
CAD_JPY Break trendline, And a move down towards the target 1 or 2 take care of your money management SHORT
I am looking forward to go long on CADJPY as soon as I get an entry confirmation from my POI zone
CADJPY pulled back to the resistance zone. It is currently testing a psychological level of 105.000. Notice the price is decelerating while approaching the level. We might see a sell off. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Dear traders, CADJPY is in a bullish trend for an extended period of time. currently, the price has formed an inverted head & shoulder on the 4H and broken up with a bullish engulfer. If the price shows a strong rejection to the upside from the neckline of this inverted head & shoulder, there is a high probability that the price will continue to rise. Thank you...
CAD_JPY Break trendline, And a move down towards the target 1 or 2 SHORT
cadjpy like other jpy pairs broke support and now back to retest the broken area look for bearish confirmation on lower time frames and enter sell with your own money management
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Hello traders! ✅ This is my trade on CADJPY . Here we can see a reversal as price broke the market structure, so I expect bearish price action from here as price rejected from bearish orderblock + FIBO 0.618 level. Like, comment and subscribe to be in touch with my content!
CADJPY has formed a reversal pattern at the top of the monthly resistance and possibly coming for a deeper retracement. A possible sell opportunity!!
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
CADJPY tested a major resistance level and could not hold above it. Price action is likely to fall and retest support levels. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
CAD_JPY Bulish and wait retest on demand to entry buy LONG
#CADJPY Due to MARKET RISK ON, CADJPY went up a bit. But now CAD UP is being done again. We expect CADJPY to go UP again. Either way, that price can retrace to the CADJPY MAIN TRENDLINE. After that the MARKET can go UPSIDE. The reason for that may be due to OIL PRICES UP. JPY WEAKNESS will also affect this. You can definitely buy at the CADJPY 108.691...