At the moment , Price just hit the upper resistant line of a rising channel in m15. This signals a sell opportunity.
Target is 111.359
M15 timeframe look more bearish
AUD/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
EUR/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
CAD/JPY Short
Minimum entry...
I analysed it, There is sell opportunity for CADJPY at market price and Price should go
down to 110
Enter Price 111.400 - 111.500
Target - 110.500 - 110.200
SL 111.900
This is my analysis for CADJPY
Buyers retain their bullish strength around 108.731 as it tested a trend line. This shows that there’s still an opportunity for buyers to push the price higher.
A buy opportunity in a envisaged and the target price for buy is 116.021
FX:CADJPY
Over the course of this week, CADJPY has demonstrated a consistent uptrend. However, there is a possibility of a pullback, which might lead to a retest of the 23.6 level before the upward trend continues. To take advantage of this market movement, we will closely monitor the trendline and wait for a bounce to retest our sell entry.
Alternative...
Balance of buyers and sellers on the CADJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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HELLO TRADERS !!
As I can see this pair is now tested a strong support zone which is a very low risk entry for longs.
CADJPY is still going to move more higher than predicted level on weekly based timeframe friends it's just a trade idea share Ur thoughts with us it helps many other traders.
Stay Tuned for more updates!
As we can see that Evening start pattern has been formed at the resistance trendline with the confluence of resistance in CADJPY on Daily timeframe so it is a high probability swing trade.
Target - 109
Hello,Friends!
Bearish trend on CAD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 110.959.
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As mentioned yesterday, the pair is posed to move lower, and likely we may see 110.80 area.
For now, stochastic negative. and we broke GANN support, hence we are en rou8te south.
Strategy SELL @ 111.78-111.90 and place SL above 112.27, or keep yesterday strategy in tact. Profit order @ 111.07.
