On the opinion of the pair is on a long time short while its having a short retracement currently to either see for liquidity just above but then might rejects from the last support zone as a flip
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
Pair Name : CADJPY
TimeFrame : 4Hrs
Direction : Short
Type : Swing
Target Range : 300 Pips
(TP/Down +200 Pips) Expecting More
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Neat and clean chart with clear setup, no junk on chart.
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Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (100.94).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
CAD-JPY is trading in a downtrend
And the pair bounced off the falling resistance
So I think that after the pair retests the resistance
making me expect a move down
Towards the target below
Pair Name : CADJPY
TimeFrame : 4Hrs
Direction : Short
Type : Swing
Target Range : 300 Pips
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Neat and clean chart with clear setup, no junk on chart.
-------------------------------------------------------------------------
If you like this idea, then smash like button and follow us for...
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
FX:CADJPY
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
Waiting for another retest of 100.336 to short back down to swing lows at 97.800 and possible some new 4H lows at the daily support 97.238.
If you agree drop a like and if you have any questions leave a comment :)
Pair Name : CADJPY
TimeFrame : 4Hrs
Direction : Short
Type : Swing
Target Range : 300 Pips
CADJPY 4Hrs (TP/Down +120 Pips) Expecting 300 Pips
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Neat and clean chart with clear setup, no junk on chart.
-------------------------------------------------------------------------
If you like this...
We are looking at CADJPY breaking the support level and sliding further with the following parameters in mind:
CADJPY SELL @ 99.490
TP: 98.259
SL: 100.134
Pair Name : CADJPY
TimeFrame : 4Hrs
Direction : Short
Type : Swing
Target Range : 300 Pips
CADJPY 4Hrs (TP1/Down +70 Pips) Expecting more downside
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Neat and clean chart with clear setup, no junk on chart.
-------------------------------------------------------------------------
If you like...
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
