On 4h timeframe it got rejected on resistance level, it looks sideways though, for 2hr timeframe it looks bearish for me, and might go back to the 2hr supply area and sweep the internal liquidity. However on 30m timeframe there is a supply area, if ever it price gets rejected on that supply area, I guess it can be considered as the new Lower high and may not...
Hello traders around the world! My name is Alexandre Karim and today I am going to tell you how I took my double short position on CADJPY. In my previous analysis on this pair (Shared Apr 18), I was looking for a reversal pattern in this area since we are on the third touch of the upper TL. The price went up correctively reaching this area & gave us a double top...
Consider a SELL position on this pair. Monitor for updates...
Hey Traders, As you will now know from following my posts / Vids.... Markets naturally oscillate. Buyers-Sellers-Buyers-Sellers-Buyers-Sellers A flow of power from one to the other... Trade the SAME way.
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price could reject from bearish order block + institutional big figure 100.000. My target for long term is sell stop liquidity. Like, comment and...
Price will be contained within arc SV and UW long term. Is the duty of the analyst to determine the various turning points within the arcs. As vector UV moves along arc SV indicating the TOPS. TOPS ( Price Unit) 1. 359.7 ( 354 Lunar sequence ). Double top formed on 17 oct 2022 ( 6 weeks apart ) 2. 263.64 ( 278 Lunar sequence). Double top confirmed 10 apr 2023 ( 6...
🔆 MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW ☀️ ✨ Eagle Eye: On the yearly chart, the price has been consolidating within a range since 2008. After a 3-year bullish momentum, the price is currently forming a yearly inside bar. This indicates a potential trend reversal and demands close attention. 📆 Monthly: Following a valid change of character, the price has...
#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG. - The reason for that is because the Central Bank of Japan did not intervene in the long term to strengthen the JPY, they are...
Hey everyone, CADJPY has mix reviews firstly JPY has been strongest currency since US BANK TURMOIL we have to take extra care while taking this trade.
If i Find any confirmation Based on the Rules of SMC i will Post it I see CADJPY is short buz we have supply zone And also liquidity was taken in the downtrend
Here is my view for CADJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The market is heading for the bullish continuation. Bullish rectangle is formed with no divergence confirming the uptrend.
The price took the inducement and its possible to fall when it reaches the poi, before that we need a entry confirmation in the LTF if it does not give any chance it will be no entry cause it can be a change of character.
Breakout of a downtrend line Daily deal with low risk The buying area is shown in yellow The target area is shown in green The stop loss area is shown in red
Here is my view for CADJPY on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: As we can see here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block for a short position. Like, comment and subscribe to be in...
#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG. - The reason for that is because the Central Bank of Japan did not intervene in the long term to strengthen the JPY, they are...
#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG. - The reason for that is because the Central Bank of Japan did not intervene in the long term to strengthen the JPY, they are...