CADJPY showing a lot of seller exhaustion at the bottom and i see some bullish signs out of this pair
I personally missed the touch into the FRESH DEMAND , but we could still potentially get an entry on a break & retest of this resistance level for 40-50 pips. Let's see how this plays out. Please follow me if you enjoy supply & demand or trading levels!
RSI signalling oversold area. Market forms a double bottom to signal trend reversal. Market will BUY. Warning; Trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.
Expecting bearish movement FX:CADJPY if we break the bearish flag. lets wait and see !
IMPORTANT use position size calculator, do not risk more than 1% move SL slightly below 2-day low as soon as new D1 candle closes
CADJPY is in that area where there will be a nice move coming. Looking to see if price continues to be respected back to upside, or a break lower for a retest to sell back down to next zone. Obviously momentum is moving downside, so it would be better to take sell positions until otherwise. We are also sitting on the 61.8 retracement. Be patient and wait for the...
CADJPY HARMONIC PATTERN COMBO: With the JPY getting strength, FX:CADJPY may fall to that level.
CADJPY has been stuck in this range for WEEKS. I have continued to check it's situation however it is still struggling to break 85.75 high and 84.30 low, I will continue to monitor this pair but not really any opportunities to take advantage of until it break this box. Once it does, I will wait for a retest and then enter. Patience on this one guys! Unless...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
Hi traders, I am in a buy after a double Bollinger Band spike on a fairly strong support level and little down trend. Market structure is also indicating that we could expect a move up, breaking the top (impulse + completion of a corrective flat). If this 4H candle also closes outside of the Bollinger Bands, then we have a clear confirmation. Make sure to cut...
Hi traders, I just spotted a nice Bollinger Band spike. I am planning to take this trade as soon as the market opens due to the following reasons: 1) We are in a correction and anticipate another impulsive wave up 2) Bollinger Band spike 3) We completed a flat (This is not a trade recommendation!)
Hi there, I see a smaller correction marked with green arrows. The last three daily candles show some strong move up and if this is the C wave, I believe that we could be seeing a completion of the regular flat soon. Looking at the bigger picture, if we go down from here, I could imagine seeing a further move down to complete the regular flat (marked in blue +...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.