Canadian Dollar / Japanese Yen
8 Major Currencies 01/12/2023 Class A LONG (The moving average difference hits a new high after divergence reversal, and the colors of the moving average slope and the moving average difference are green. ): AUD Class A SHORT (The moving average difference hits a new low after divergence reversal, and the colors of the moving average slope and the moving...
8 Major Currencies 01/06/2023 Class A LONG (The moving average difference hits a new high after divergence reversal, and the colors of the moving average slope and the moving average difference are green. ): USD AUD Class A SHORT (The moving average difference hits a new low after divergence reversal, and the colors of the moving average slope and the moving...
.236 has been hit on this daily timeframe Similar downward patterns have formed on this timeframe The prior .236 touch hit and resulted in a bullish rebound Will this touch be the same or different? Price could either result in a rebound or trend bearishly down the second diagonal red line
Starting with the 4 hour timeframe, the yen is finally starting to show some life as the oscillators give several indications. On the larger timeframe (reference charts below) you can see we're also testing the descending support. For now, I'm not suggesting a complete a reversal put a possible pullback towards the mid-channel pivot is warranted. Let's now take a...
This is a nice long swing trade setup typically for professional traders I won't be saying much about the setup watch it closely as we go long
Hello, Welcome to this analysis about JPYCAD and the 4-hour timeframe perspectives. As I discovered in my analysis recently JPYCAD has formed an interesting dynamic and recently completed a pivotal formation with further volatilities to show up likely. Therefore, as when looking at my chart we can watch there how JPYCAD now recently completed this whole inverse...
look for the smaller pattern to play out and then the bigger one , so one more move to the downside expected AUDJPY still the same based on the AUD and JPY currency analysis
Hello, Welcome to this analysis about JPYCAD, we are looking at the 4-hour timeframe perspectives. As I discovered in my analysis JPYCAD has now developed this main triangle-formation in the structure marked with the boundaries in blue and the coherent ABC-wave-count within. As JPYCAD recently bounced in the lower boundary of the triangle this happened with...
JPY/CAD- INDICATES A STRONG SUPPORT AT THE BASE IT IS TO GO LONG
And this means we're gonna sink dome more on the yen/loonie pair. No evidence of a flip whatsoever. Momentum dropping, as expected and we are churning ABC fractals one after the other. Anyway, down we go. I have outlined Fibonacci goals in purple, invalidation is in red if shown. This is a hobby to share my ideas with you, so do not take anything I ever say for...
D - downtrend. Possible reversal at 50EMA 1H - await break of trendline to SHORT
JPY/CAD for now going tin range level I draw u can watch for any trade good luck
Hello Tradingview... Here we have a multi year inverse head and shoulder pattern that has broke out to the upside. I am posting slightly ahead of schedule as the monthly candle has not closed. In anticipation of the candle closing above the neckline we can position ourselves in this trade early. I have zoomed in specifically to this decade long consolidation...