Hey traders, here is the analysis for the CADJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
If it exceeds the support range, it will continue its downward trend with Pulbeck in the same range.
if you've been following my trading ideas you'll know cadjpy has been paying well since last week, two Swing Trade and both with TP hit at +440 pips total. now am looking at an imminent reversal or at 90.350 zone.
CADJPY created an Bearish Fair Value Gap on Weekly This week, 4H price came back to a structural point within that Weekly FVG but got rejected, creating a bearish Rejection Block I intend to trade that bearish rejection block
#CADJPY market has broken out strong support and the bearish candle is closed below support. Now it will retest it and will go further sell.
I feel as if the huge impulsive move was just a hunt for liquidity on this bearish trend, now that we have got it out of the way, we should be able to continue smooth sailing to the downside.
Everywhere that there was a higher high forming is where people put their stop-losses. So once price starts it's rally downside, it will gain momentum. It will be taking the short liquidity from all the stop-losses put in place by the slow upward price action. If we look at the VPVR on the left, we can see that smart money have been accumulating their position at...
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
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
CAD JPY is currently at strong supply zone on monthly time frame and gonna go down for a retracement to fibo area 38.2 look for bearish confirmation on lower time frame and enter with your own money management always remember patience is the key
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
Price is holding below both the descending trendline and moving average resistances, showing signs of bearish pressure in line with our analysis. We could see a reversal at 1st resistance, in line with 61.8% Fibonacci retracement, 78.6% Fibonacci extension and horizontal swing high resistance, and further drop towards 1st support, in line with 100% Fibonacci...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (90.90). 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 above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (90.90). 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 above 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
MY THOUGHTS ON CADJPY PLEASE SHARE YOUR IDEAS FEEL FREE SHARE YOUR THOUGHTS THANKS
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