CADJPY – Sellers will soon show good position for sell if...
CADJPY – Sellers will soon show good position for sell if the price will maintain below new resistance
Trend: Strong Sell
Support/Resistance:
R3: 81.200
R2: 81.838
R1: 81.634
S1: 81.402
S2: 80.840
S3: 80.252
S4: 79.817
Price action:
Market start showing potencial reverse flow, from buy to sell. We have to be carefull from now to the London section, but if their we see potencial entry, which might be very soon, then next targets are optimistically short targets. If sell is failed, then we might see holding around this area. Remember that news will be reliesed at 2.30 GMT +1
Potencial trade idea:
Bulls targets:
T1: 81.200
Bears targets:
T1: 80.840
T1: 80.252
T1: 79.817
NOTE – We are trading CADJPY via the preferred trading setups
ELITEFXACADEMY
Disclaimer: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Trend: Strong Sell
Support/Resistance:
R3: 81.200
R2: 81.838
R1: 81.634
S1: 81.402
S2: 80.840
S3: 80.252
S4: 79.817
Price action:
Market start showing potencial reverse flow, from buy to sell. We have to be carefull from now to the London section, but if their we see potencial entry, which might be very soon, then next targets are optimistically short targets. If sell is failed, then we might see holding around this area. Remember that news will be reliesed at 2.30 GMT +1
Potencial trade idea:
Bulls targets:
T1: 81.200
Bears targets:
T1: 80.840
T1: 80.252
T1: 79.817
NOTE – We are trading CADJPY via the preferred trading setups
ELITEFXACADEMY
Disclaimer: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.