I explain a bit more in depth why i take trades and the explanation on how markets work
Welcome back Traders, Investors, and Community! Hi Traders, CADJPY on H4 if it breaks and closes below the Support line, on the lower TF we can look for potential entry for short. On the other hand it might continue to go higher to around 89.04 before going down. ⬇️Sell now or Sell at 89.04 ⭕️SL @ 89.71 ✅TP1 @ 87.51 ✅TP2 @ 86.5 ✅TP3 @ 85.1 We will have...
CAD/JPY Signal Market Buy: 88,250 Stop-Loss: 87,650 Target 1: 89,000 Target 2: 90,050 Stop-Loss: 60 pips Risk: 0,5% Risk-Reward: 3,0
cadjpy trend has changed from bullish to bearish which we can confirm on higher time frames market is currently making lower high and than continuation to the downside look for bearish confirmation on lower time frames and enter short with your own money management always remember that patience is the key
on higher time frame CADJPY ia at vert strong resistance area and rejected multiple times so over all its gonna go down look for bearish confirmation on lower time frames and enter short with your own money management always remeber that discipline with patience is the key to become a successful trader
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (89.68). 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...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (89.68). 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...
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
cadjpy still retesting the line and possible fall to 88.90-89.20 area before any upside move
CADJPY SELL : REASONS : 1)IN 4H CHART THE RED CANDLE STARTED AND IT IS PATTERN GOING DOWNTREND , SO WE ARE GOING FOR A SELL , TP : GREEN LINE SL : REDLINE IF SL HIT : ONLY 10 PIPS MINUS IP TP HIT : ITS 78 PIPS PLUS
Cad still looks strong due to Oil prices but in Forex nothing can live one side for so long. Pair approaching resistance points Rsi also showing divergence Temp showing buying pressure
fib to fib. I'm expecting it to drop to at least to 89.048, will be trailing from 89.181. GL
as we mentioned in our last two analysis market exactly behaved as we predicted cad jpy is facing strong Resistance t higher time frame and chances are for a reversal over all but on lower time frame its showing a good sign and indication os short entry with good risk to reward i will suggest to enter short with your own money management always remember...
CADJPY::: Been Looking AT It For Some Time Now... It's Looking To Break A Major Support With Little Or No Momentum. Expecting A Strong Move Down With This Pair... Ideal Trade Indicated On Chart With Dotted Lines Showing TP 1$2... Buyers Might Decide To Show Up Or There Might Be Fake Out So Ideal SL Is Just Above The Higher High Or In That Area...