CAD/JPY is rising towards a potential breakout level and could breakthrough this level to climb higher. Buy entry is at 109.764 which is a potential breakout level (wait for the 1-hour candle to close above 109.764 for confirmation). Stop loss is at 109.000 which is a level that lies underneath a pullback support. Take profit is at 110.564 which is a pullback...
Hello,Traders! CAD-JPY went up to retest The horizontal resistance of 110.400 From where we are already seeing A bearish reaction and I think that the pair Will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
💵Pair Name CAD/JPY Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Short ) Mid Term Type : Mid Term Swing —————————— Bearish...
✅CAD_JPY is going up to retest a horizontal resistance of 110.400 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 109.800 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
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Hello,Friends! CAD/JPY pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 108.711 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
GBP has been the strongest performing currency so far this year - I keep asking myself why?? Country in a recession Stagnant economy Limp Central Bank With today's unemployment reading I'm expecting this to be the start of bearish involvement in sterling, I'm starting with this pair. Think oil has dropped a lot and could be ready to bounce up which is...
Please, check our technical outlook for CADJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 109.006. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 109.549 level. P.S Overbought describes...
Guys Am currently looting some money in this CADJPY Market. My Heist started at the Moving average Pullback in Sydney session💰.
Hello, traders I have been analyzing the CADJPY market trend for a while now and if you look closely it has created a rising wedge pattern on a Daily time frame for my understanding, this pattern signals a bearish move. So now I will wait for the price to break the trend line and that zone I highlighted and come back to it and act as resistance then I can look for...
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Hello,Friends! CAD/JPY pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 110.076 because the pair oversold due to its proximity to the lower BB band and a bullish correction is...
Though we have a bearish outlook on the monthly charts, currently we are in a strong bullish correction that is printing higher highs seeking to mitigate supply zones (118).On the weekly charts we still have the same bullish bias. On the daily charts, we are in a minor bearish correction targeting the weak demand zone between 108-94 price handle. On the 4 hour we...
We are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs. Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement- then we look for a bearish market structure shift on the 1hr and ATTACK! This is looking like a very yummy short! Follow and Stay tuned my friends ;)
Hello,Traders! CAD-JPY kept falling down But has now reached a Horizontal support of 108.871 From where I think we Will see a local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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 want price to make a retracement to fill the imbalance and then to reject from bearish order block + institutional big figure 110.000. Like, comment and subscribe to be in touch with my content!
✅CAD_JPY fell again to retest the support of 108.884 But it is a strong key level So I think that there is a high chance We will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅