Happy Easter everybody! Last week was very calm, for the next week I'm expecting a bit more action 4 purple pairs 3 green pairs and 2 orange pairs Good luck everybody! Happy trading! :)
The price perfectly fulfilled my last idea. It hit the target. FX:CADJPY is about to potentially break through the downward channel border and update highs. The market formed some compression patterns. I expect a short-term rollback to the support level, then growth from the support level to recent higher highs. My target is the resistance zone at...
Sentiment is in favor of bulls. This is my technical perspective. I believe this is a great area to purchase this asset at a discounted price.
cad/jpy in bullish pattern with bullish inverting hammer .
CAD JPY trade set up, Trade confluences 1 Bouncing from a support level 2 Higher Highs and Higher Lows are currently forming so we are only looking for buy entry at the retest of the broken HIGH key level.
#CADJPY UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about CADJPY. CADJPY has breaked the main resistance level and getting a good volume. Here we can see gain upto 200Pips+ soon. Keep in touch we will update further soon.
4hr uptrend, 1hr demand entry into weekly supply, 15:1 RR.
CADJPY in the ascending channel and could be targeting the lower channel line. Take appropriate risk accordingly.
a 1hr ob and a clear bullish 4hr ob are in parallel so we can look for buy in case of any rejection from ob and manage a rr ratio accordingly. the trade can give 1;3 IF WINS and loose 1 ..the game of probability with edge on ourself.. ie the 4hr strong demand ob below the 1hr
SELL opportunity as am expecting wave 5 you can see everything explained in the chart
A classic Head & Shoulder pattern observed, downtrend imminent
CADJPY, H4 - potential 'Sell' order. Correction waves are forming and awaiting AC line breakout. Entry confirmation: Price is going down further than last recent low, MACD histogram indicating sell, then we aim to enter a 'Sell' order. TP and SL, major resistance and support zones. No signs of divergence on higher time-frames, on the daily chart. PS:...
CADJPY's chart is printing bullish trend as it did not break the support line
CADJPY Is on a bullish direction, it broke structure to the up at 111.443 and then retraced back Fibonacci level of 0.618. Why re-tracing the Fibonacci level of 0.618 it also broke an internal structure at 111.453 to the up, giving a stronger confirmation of a buy at 111.401, stop lost at 111.319 take profit at 111.537
CADJPY - BULLISH TREND IN 1 hr TIMEFRAME. Printing multiple HH and HL. It is expected that bullish trend will continue further in near future.
as you can see price broke a strong level of support and made a retracement. wait for entry signal on lower tf. Good luck!
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