Hello Traders,
Hope you all are doing good!!
I expect CADJPY to go Down after finishing the correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market...
cadjpy (one of my beloved minor quotes) is in accumulation phase. I'm ready to take action as soon as cadjpy reaches to one of mu support/demand zones.
⚠️ Notice:
I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be...
Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to go a little bit lower to fill the imbalance and then to reject from bullish order block + institutional mid figure 101.500.
Like, comment and subscribe to be in touch with...
Hi fellow traders, CADJPY has completed an ABC correction after the last drop. Look for a sell opportunity from the blue box area. Target the support levels. Good luck and trade safe!
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.
On 4h timeframe it got rejected on resistance level, it looks sideways though, for 2hr timeframe it looks bearish for me, and might go back to the 2hr supply area and sweep the internal liquidity. However on 30m timeframe there is a supply area, if ever it price gets rejected on that supply area, I guess it can be considered as the new Lower high and may not...
Hey Guys!
The Weekly bias on the cad/jpy is short. Or in other words, price is likely to reach 94.06 before reaching 100.87.
Moreover, I just took an aggressive short entry. In this post I explain the reasoning for the short bias, how I entered the short entry, as well as how I plan to manage this short trade.
That's it!
I'll keep you guys updated!
Ken
#CADJPY
- CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG.
- The reason for that is because the Central Bank of Japan did not intervene in the long term to strengthen the JPY, they are...
Hello traders around the world!
I want to talk about CADJPY and what I'm planning on this pair for this week.
First of all, If you go back to the weekly chart, you can clearly see that the price reached a mass psychological level since Dec 2014 (106.501).
On Monday 18 Apr 2022 the price started to create an ascending channel till Monday 07 Nov 2022 reaching...
Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price could reject from bearish order block + institutional big figure 100.000. My target for long term is sell stop liquidity.
Like, comment and...
🔆 MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW ☀️
✨ Eagle Eye: On the yearly chart, the price has been consolidating within a range since 2008. After a 3-year bullish momentum, the price is currently forming a yearly inside bar. This indicates a potential trend reversal and demands close attention.
📆 Monthly: Following a valid change of character, the price has...
As depicted in the chart, our setup exhibits a robust support and resistance level. We have executed the trade and are monitoring its performance closely.
The price took the inducement and its possible to fall when it reaches the poi, before that we need a entry confirmation in the LTF if it does not give any chance it will be no entry cause it can be a change of character.
