Hello,Friends! CAD/JPY is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level...
Potencial to start monthly short at this pare Weekly RSI indicator start to show strong short
Price just completed a retrace close to previous day High (H4 high) a sell opportunity is envisaged from the current market price as we anticipate bearish price action to develop away from the current market price . Target- PWL
Hello Traders! CADJPY - At the moment I see a bullish structure on the h1 and h4 timeframe, favoring short positions. I'm looking for a potential short opportunity if the price will retrace from the FVG. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to...
DAILY - Bullish impulse, now in corrective phase (?) - Head and shoulder pattern (line chart) WEEKLY - Last candle close bearish - Weekly highs 4 HOUR - Bearish impulse - Head and shoulders pattern
CAD/JPY could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 111.95 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 112.58 which is a level that sits above a pullback resistance. Take profit is at 111.03 which is a pullback support that aligns...
Price traded and made a high on H4 timeframe today at 112.404. What do we expect the market do next ahead of CANADA INFLATION RATE TOMORROW we look forward to seeing more price action around 112.404 area to confirm more , the current bullish sentiment in the market.
The outlook for CADJPY is bullish. Price is forming an ascending triangle and is currently trading near resistance. There are three possible outcomes for CADJPY: Price breakout to the upside. This is the most likely scenario, as the price is forming an ascending triangle and is currently trading near resistance. Price bounces off of support and continues to...
CAD JPY PRICE - FLIGHT MODE right now here we can rising wedge parttern got break out fridays resistance zone, now price is moving up ward direction to the fill liquidity till 112.055 and also creating imbalance from support zone.. follow for more live updates
CADJPY is showing resistance and support at different levels. Trade is placed considering a pullback at resistance.
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from S/R zone + FIBO 0.618 level. Like, comment and subscribe to be in touch with my content!
CAD JPY PRICE - BACK TO FILL IMBALANCE LIQUIDITY AT SUPPORT ZONE, before that price fall from resistance nd created a bearish pennant pattern balanced the liquidity area which is imbalanced before got a break out again retested make a short entry as shown in the picture follow for live updates...
Hello,Friends! CAD/JPY is making a bearish pullback on the 2H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 111.685 level. ✅LIKE AND COMMENT MY IDEAS✅
CADJPY is moving in a range. major sport and resistance levels are mentioned.
This could drop hard or just keep going so ill definitely be attempting the sell
Following the shift from an uptrend to a downtrend, the CADJPY exhibits bullish divergence and then transitions into a non-trending range.
Hi Crazy Traders, This is our Day Trade master plan to Heist Bullish side of CADJPY Bank. My dear Looters U can enter at the any point above my entered area, Our target is Red Zone that is High risk Caution area. My dear Robbers please book some partial money it will manage our risk. Be safe and be careful. Loot and escape near the target 🎯
CAD\JPY: in the dynamic interplay of market forces, the attempt to capitalize on a breakout at the crucial SR level was met with market resistance, leading to a downturn. Nevertheless, astute traders remained attuned to the overarching uptrend, which provided a guiding beacon amidst the fluctuations. The formation of a double bottom pattern served as a beckoning...