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...
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!
CADJPY is moving in the descending channel and has made lower lows. The price is creating a potential AB=CD pattern. Price action formed a kill zone for the short opportunity: fibo level 38.2% and reaction zone. We expect a bearish move and the completion of the AB=CD. ------------------- Share your opinion in the comments and support the idea with a like....
CADJPY traded into a sell territory amidst a overbought RSI.I expect the shorts to take over from here.
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
CAD-JPY retested the Broken rising support line And is now making a pullback So I think that it will go Even further down !
Hello Traders, here is the full analysis. The completed correction, recovery and formation, continuation of growth. GOOD LUCK! Great BUY opportunity CADJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about...
cadjpy is looking for the bearish trend and 110.80 is looking good retest level and we can add our short position here if we talk about the weekly trend then weekly trend will be go down with strong Candlestick formation
Keep it simple, back to basics.... whatever you want to call it, this chart is saying everything we need to know. A series of LH and LL or a break of structure - either way the message is clear. You can go short right away, or on break of trendline or the s/r zone - depends on your trading style/risk tolerance. Being prepared for the unexpected is a good idea in...
As you can see, the price took the sell-side liquidity and had a bearish reaction, in addition, we can see the price created the bullish breaker block and FVG. Now, we can expect the price to move higher to collect the buy-side liquidity, for that, it may happen from here or retrace more to a bullish order block which formed on the 50% level Fibonacci. 💡Wait...
CADJPY is approaching the support level and 88.60% fibo level, a bullish harmonic pattern. Price pulled back to the support zone in an oversold condition that might create a divergence. The market rebounded from the support level multiple times, showing the significance of the level. We expect a retest of the resistance level since the trend is...
good day fellow viewer. I am new to this youtube thing so I'll just be posting my analysis on certain pairs everyday. I am not an expert or a pro, I just enjoy analysing charts. Please enjoy and also enjoy the upcoming videos. I don't provide financial advice or sell anything. All the videos will just be my personal thoughts on which direction price will go. These...
In CADJPY chart we have several items that show us price can goes up and this is a good position for Long . all of things are clear on the chart . I will open a position at this area and will take a good profit in upper band of channel .
Pair : CADJPY ( Canadian Dollar / Japanese Yen ) Description : Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame Completed " 12345 " Impulsive Waves RSI - Divergence
Hey traders, Let's talk about CAD/JPY and the lucrative selling opportunities it presents amidst changing external liquidity conditions. With two significant liquidity takeouts, the market is signaling potential turbulence. It's a critical time to adapt your strategy and capitalize on selling opportunities. Utilizing the SIBI analysis: Strength: Evaluate the...
As of now, it may touch back the upper level a bit. then It will come back after touching a resistance which you can see on this 4 hour chart. If we talk about the weekly trend, then the weekly trend will also go down with strong formations and it includes strong candle formations. you Can sell it from 111.75-111.85 Area and you can use Stop loss 112.55 First...
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 111.000. Like, comment and subscribe to be in touch...
CADJPY is moving up the ascending channel, making higher highs and higher closes. The market made a higher low, and it closed above the level of 111.000. On the higher timeframe, we can see the market is extremely bullish. We expect a bullish move since the major trend is bullish. ------------------- Share your opinion in the comments and support the idea...