The outlined white arrow pathway is the predicted pathway that the CADJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where CADJPY will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS...
In the past 2 days, CadJpy consolidated in a tight range. Short term trend is up, and a break of 82.80 resistance could accelerate gains towards 83.50 resistance
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Note : on my previous analysis price went up +50 pips from our entry level (link attached below!), this plan is a second chance / re-entry ... good luck ;) Plan : wait for the retracement at a lower timeframe like M30 or M15 --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole...
Hello Traders! I have analysed this chart for myself I am posting publicly to see your point of view on CADJPY. Post your analysis below. This Chart is analysed using Fibonacci Retracement putting in ELLIOT wave form. Wave 3 is checked using unique way of moving average with exact point according to analysis. What I figured out is wave 3 will be extended one. So...
A lot of confirmations of a possible long trade on #CADJPY: - Wave pattern - Fibo 61% - High Impulse (Dec-11) Entry Point 82.160 SL 81.7 TP1 83.0 TP2 83.5
CADJPY short for a couple of weeks, till it hits support then BUY. USOIL will also be effected as Canada has the largest reserve of oil , and Japan is the biggest importer of OIL. As the bearish moves of CADJPY happens we will see some bearish moves in the USOIL market. When CADJPY falls, Short USOIL When CADJPY increases, BUY USOIL
CADJPY rejection at 81.600 make it bullish to near ressistance 82.350. But carefully will be many news soon.
Note : CADJPY forming a potential inverted H&S after price bounce off from daily support level (link attached below!) now we are waiting for further price development (structure breakout) before placing any buy order Plan : trendline / horizontal resistance breakout --> wait for price to bounce off from trendline / horizontal support --> wait for the rejection...
Note : price touched daily support level but last week daily candle close is formed a bearish strong momentum and it might push price to go lower, please wait for further rejection candle signal or price deceleration before placing buy order **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the...
Hello traders, we currently have a long setup for CADJPY on the H1 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go long. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel...
CADJPY possible retest- break of trendline , back down to support then boom up to hard resistance.
PROJECTED TARGETS : 1. 83.790 / 83.800 (TARGET 1) 2. 84.000 ( TARGET 2 : BASED OFF STRUCTURE LEVEL) ENTER TRADE LONG UPON BREAK OF 82.800
Ascending Chanel and Double Top Pattern , Both are reversal pattern , i am expecting Downside Move. Good Luck
Note : congrats for those who followed my cadjpy short signal yesterday (link attached below!), +90 pips have been secured and the following is the next plan, enjoy ;) Plan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis...
Patterns making revdersal pattern for downside. Double Top and Ascending Channel Both are Reversal Pattern , so i am expecting Another Downside Move.
Folium is very weak, and no support and price resistance has been formed, but it will go down to the stronger support and go higher.
CADJPY: Correction Or on the way to New trend? Cad Yen in weekly Time Frame, Market is Following Down trend line , Plus we have Fibonacci Golden Ratio. What do you think this is Correction or market is Changing the trend?