🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: Sideways Since 1998 2 📆Monthly: Rejected at upper range level 3 📅Weekly: a clear choice formatted price goes down 4 🕛Daily: Made 2 higher low and lower low clear bear structure 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: Bear 6: 2 Pattern Candle Chart: Momentum candles...
CAD-JPY broke a key horizontal level and rising support line Then went up to retest it And now we are already seeing A bearish reaction so I am bearish biased And I think that the pair will go down
Hello traders! ‼️ This is my analysis on CADJPY . Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make a retracement and then to reject from bearish orderblock + institutional big figure 108.000. Like, comment and subscribe to be in touch with my content!
This is for short term And this is risky too. Please DYOR before entering the trade.
CADJPY Technical Analysis and Trade Setup, i am short for long run as the price just breakout the trendline and now is about to retest the trendline.
#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. And as expected, JPY WEAKNESS came after the BOJ INTERVENTION. This was because the Bank of Japan did not intervene in the long run to strengthen the JPY. Meanwhile, CAD has become very STRONG in the last...
This is for short term And this is risky too. Please DYOR before entering the trade.
CAD-JPY broke out of the rising wedge And went down . Now, the pair is making a bullish pullback To retest a horizontal resistance level AT 106.361 From where I believe we will see A further move down !!
Based on technical factors there is a Short position in : 📊 CADJPY 🔴 Short Now 104.82 🧯 Stop loss 107.46 🏹 Target 1 103.40 🏹 Target 2 101.27 🏹 Target 3 98.75 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. And as expected, JPY WEAKNESS came after the BOJ INTERVENTION. This was because the Bank of Japan did not intervene in the long run to strengthen the JPY. Meanwhile, CAD has become very STRONG in the last...
#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. And as expected, JPY WEAKNESS came after the BOJ INTERVENTION. This was because the Bank of Japan did not intervene in the long run to strengthen the JPY. Meanwhile, CAD has become very STRONG in the last...
cadjpy will continue the downside move from Monday Because it already got rejected from a major order block
List of confluences: 1. Trendline breakout 2: Higher highs and Higher lows being created 3: Key level breakout 4: Several pin bars candles CADJPY is currently in a strong uptrend when we look at the bigger picture trend so we will be only looking for buying opportunities. When looking at the daily chart we can see that price has broken a recent counter trend...
Wait for BOS This is for short term And this is risky too. Please DYOR before entering the trade.
CADJPY on the lower timeframe has formed a bullish price action after multiple liquidity grab from support. Long-term price is highly bullish including monthly, weekly, and daily price action is bullish. As news coming later today, there is a high probability for the price to have a spike, and on the test of the long trend line, we could potentially see a rise...
This is for short term And this is risky too. Please DYOR before entering the trade.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
The Canadian Dollar vs. the Japanese Yen. When a trader is unsure about trading the US Dollar, the CADJPY is often determined to be a suitable replacement. However, the historically higher yield of the Canadian dollar in the past has made the CADJPY more sensitive to market wide sentiment changes than the USDJPY. Also, Canada’s large amount of energy exports, most...