In this video I break down why we could potentially see CADJPY reverse back down to lows at 88.000 Thank you for watching! Drop a like if you enjoyed and let me know what you think in the comments :)
CAD-JPY rebounded from the daily resistance 91.5 and broke the ascending support line Penetration confirmed So I think so after We'll see a move down in 87.5
Hi Traders, CADJPY has been developing bearish price action recently as impulses & corrections have been forming over again. Looking at the Global situation between Russia and Ukraine, safe haven currencies are strengthening which should push the price to lower boundary of the HTF structure around 89.50. I believe further down side to 87.50 is possible If we...
Hope this one hits, will be a great one. TP levels as shown. Entering 4 orders (0.25% risk each). All positions going risk free after TP1. TP4 will just follow price down, see how low it can go. Ideal scenario is into that yellow box. Trust your analysis :)
this is based of fundamentals and cpi news incoming. at 830. which i don't expect it to be good for CAD
Market now currently in the 4H OrdreBlock. So we have to expect reversal from this zone. You can sell after that purple color support breakdown. Set SL above from the purple zone.
Sell: CAD/ JPY Sell limit: 91.435 SL @ 92.270 TP @ 90.050 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
Technical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average). This is just a prediction where the market price go. * Trade at your own risk *
#CADJPY Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
After short pull back into imbalance zone that coincident with previous S/R zone , CADJPY seems in progress making further correction to complete wave 2 approaching demand zone/support area at Fibo nearly 0.618.
I am expecting a down movement for this pair. the expected move is 3-3-5 which is a flat structure.
CADJPY is going to retest the 91.700 level for another time. It has failed to break this level clearly. Current price action has enough power to break this zone? This is the watchout level for this pair. We are expecting the break above this time. Trade your levels accordingly.
Price has reached resistance trend line which began to form a symmetrical triangle formation in October 2021 and Stoch shows crossing overbought lines. I'll be expecting price to short towards 90.004.
Cadjpy is in a 1 hr channel going bullish. it just went on a bullish run to the top of the channel and met resistance at 91.390. before it continues on its bullish run i believe it will descend for a retracement to 90.787.
2 Supply Areas nested within a Daily supply, Under a Monthly and Weekly Down Trend equals a potential down fall for this pair. Daily supply established two odds that help us declare this pair will fall at the 2 noted 4Hr supply zones, those two odds are Break of structure and Imbalance away from the zone and other odds are also seen Definitely going to be...
Hi Traders, CADJPY is reaching the top boundary of a corrective structure, waiting to see if we get a strong Impulse down followed by a correction to push price lower. Keep this one on your watch list. Support me by clicking the like button If this helps you :) Comment below and share your analysis!
Hi Traders, CADJPY has been showing some short term bullish price action which the previous correction developed into a Pennant structure which price broke out now developing another continuation. Personally I will wait for a few more swing highs and swing lows to form to give the momentum for a short term rise to give us a higher probability sell in the...
📉 Expecting bearish price action on this pair as price takes out liquidity above accumulation area, taking out weekly highs stops rejecting 91.000 institutional figure h4 with a bearish candlestick closure. What do you think ? Comment below..