A breakout of trendline, the retesting. I'm Expecting the trade to move downtrend
Double top pattern in a rising wedge, short now as risk is small and stop can be tight. Oil struggling so this should fall.
Symbol: CAD.JPY - Canadian Dollar / Japanese Yen Timeframe: Weekly, Daily and 4 hour Predicted Direction: Short CAD.JPY - Canadian Dollar / Japanese Yen updates will be available in the comments section below.
Price has broken the channel along with support, & is in a minor downtrend on the hourly timeframe. Previous support tested as new resistance, I will be watching for price to make another leg to the downside.
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1 Day Actions on - A – Activating Event Market consolidating above the 200 mva and has reached a condition of being oversold.If we see a break above the 83.00, a long position may be an option :) B – Beliefs Market move towards the first Target 1 level @ 83.900 ...
In this video update, we take a look at our CADJPY trade posted in our telegram channel. The market has moved in our favor overnight and looks set to continue lower as the Canadian dollar weakens. Price rejected a key weekly resistance level and formed a Doji candle, giving us the opportunity to enter short.
In this post i can compare size of the movement up on CADJPY.... It is so similar like how in Move one up.... Just try compare movement and try find similarity on this pair or some ather pairs. I hope so that you will be surprise. Here in this cas i use Flexible Volume profile on accumulation for better knowing where is Point of control ( POC ) for my long trades
While I've only marked up some of the more recent interactions price has had with the 84.30 zone, its a level has proved to be significant in the past. Of particular interest to me is how price has behaved around this level over the last 8 or 9 months. Notice how from mid-August 2018 through to early December 2018, price bounce off that level three times - a...
Bearish breakout. Strong short position with risk/reward ratio 2.46
CADJPY Sell Idea @Weekly Supply Zone (84.284 - 85.250) Sell Limit: 84.089 Stop Loss: 85.460 Take Profit: 81.232 Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level I trade with a unique supply & demand long term strategy. The strategy is very efficient and has been tested for many years. All ideas and Signals...
Analysis – CADJPY | D1 | BEARISH A simple example of market structure, This is a lesson we've all studied in nursery. What happens when price reaches the support / resistance? I know what you're thinking... It can either reverse or breakout. At the same time we have to use our intelligence, intellect and intuition; our instincts and common sense — in...
Pattern: Channel Up on 1D. Signal: Long only if 83.175 breaks (because it will invalidate the short term Channel Down (dashed)). Target: 83.795.
We Can Open Sell now or you Can Wait the break out Please Support me With Like ,Comments and Following