Looing at CADJPY on 30M timeframe We looking for a possible SELL/SHORT position We looking for a possible downward at this distribution phase
Hello. According to the chart and the expectation of a downward trend in the time frame, we see a distributed trend up to the specified value, which is trying for the fifth wave, and wave c will be created from the trend of wave b, and then we will have a downward trend.
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.
Hi Team This is a short and sweet technical chart analysis. We are in a short consolidation phase (likely due to low market volume) at the end of an ABC correction for this pair, sitting just below regional pyschological resistance. I expect a drop at least to the 1H ascending correction support, if not further. This is a straightforward trade - clear...
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...
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 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.
Looking to short this pair as there is major resistance above. Would love to see price break the trend line and then retest before entering for a sell. Of course, price can break June's highs and the 2 resistance above the current price on the chart. Would take news to do so in my opinion. Tuesday and Wednesday this week are important days to see what this pair...
These are the set ups I see on CADJPY. Of course, we always wait for price action to show us which direction the market will end. What do you think?
My Bias is to the down zone as a 4-hour and daily zone exist above in a downtrend. Price has also just broken support. I'll be looking for an hourly close below support and/or the next 4-hour candle. CADJPY is volatile and can very easily wick back up. Let's see what happens. A perfect scenario obviously is a break and retest.
Looing at CADJPY on 2h timeframe We looking for a possible SELL/SHORT position We looking for a possible downward at this phase
CADJPY analysis update and I’m seeing it’s going to move for +120 PIPs to the downside ✅
Let's see what happens! Price action will determine this trade :)
Am waiting for the breakout of the denoted level and retest for entry short ..... Targets on chart. Like & Subscribe.
Yesterday @ 10 AM I entered a trade with 2RR for prop account and actually forgot about it. This morning when I woke up it was the first thing I remembered and immediately ran to the PC to set stop to 4RR but was too late and trade took profit. My point is your system should work for you when you see a trade take it and stick to it !