Since mid-July, CadJpy has been trading inside an ascending triangle with price congestion in the last 3 weeks. Ascending triangles are usually continuation patterns and considering the up trend of the pair, this could be the case also now. However, a break under the support line could lead to a steep dive to important support at 102. In my opinion, even if we...
Hey Traders. In today’s trading session we are monitoring CADJPY for a buying opportunity around 107.100 zone, CADJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 107.100 support and resistance area. Trade safe, Joe.
cadyen is taken its previous liquidity and shifted its structure towards vdown side on on confirmatiomn we can go sells..also we have cad news later today good luck
The Epic Preamble Ladies and gents, forex warriors, and chart whisperers, gather around! We've got a thriller unfolding in the grand arena of currency gladiators: the CADJPY pair! Yep, that's the Canadian Dollar squaring off against the Japanese Yen. Since the 15th of August, they've been dancing in a tight ring, neither gaining the upper hand—until now! The...
Hello There! Welcome to my analysis about CADJPY on the 6-hour timeframe perspectives. Within the recent times CADJPY is forming a important formation that is likely to convert into a major bearish breakout to emerge in the next upcoming times especially when huge bearish volumes move in here and accelerate the trend-turning-dynamics to the downside this is a...
Notice I said the word SOON. There has been a text book cup and handle formed on the CAD/JPY/ It's just about to complete the handle forming its brim (resistance). Now only once the price breaks out, closes above and opens above the brim - will it signal a decent long. Until then, I'm waiting. We have other bullish signs along the way. 7>21>200 RSI...
Hey traders! 👋 Let's dive into a technical analysis of CADJPY on the 1-hour chart. We've got some interesting insights to share! 📊 **Analysis** 📊 - **Time Frame:** 1 Hour - **Overall Trend:** Sideways - **Divergence:** None - **Trend Patterns:** None - **Reversal Patterns:** None Based on our analysis, we've identified potential buy and sell stop setups. Here...
Waiting for a retest of 108.216 to long CADJPY back to swing highs at 109.254 If you agree drop a like and if you have any questions leave a comment :)
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...
CADJPY is gaining a strong resistance area of 108.000. Price continues to test the resistance in an ascending triangle format over the month. TA on the high timeframe: 1) We see an interesting pattern: a limit resistance level in the 108.000 area and a gradual pushing of the price towards this area 2) Minimums that are not updated, but growing. 3) Buyers have...
Price has formed a distribution and a x movement waiting to reach that ob level to sell it
Observing the CAD/JPY pair, we can see that the price has broken the trendline, which, in my opinion, indicates that the price is moving in a downtrend. Alternatively, this could be a retracement before resuming an uptrend. What are your thoughts on this? Personally, I anticipate the price to reach 106.556 .
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...
Looking at the CADJPY pair, we can observe an overall downtrend. We can see a tested resistance zone and a broken minor support zone. Additionally, there's a liquidity void left on the lower left side. In my opinion, this serves as an indicator that the price is likely to continue in this trend.
AB=CD Bearish Harmonic Pattern found in CADJPY 1 hour Chart, the price may be going up as per AB=CD Bearish Harmonic Pattern, TP1 & TP2 Set.
With both EMA's showing a correlation on the Daily and H4 timeframe signaling a strong upwards momentum. A trendline and H4 support are being retested after a break and closure above both levels. CADJPY is currently giving us the confluence to go long.
Pair Name : CAD/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 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 ( ❗️ Long After Break 108.000 ) Type : Mid Term...
Pair Name : CAD/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 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 ) Type : Mid Term Swing —————————— Bearish Break...