expecting a more bearish move after this short retracement, entry will be around the circled area in the chart nevertheless we need to be careful with this pair. If we see a break and close above the red line, our analysis might be nullified, so pay attention
This is my trade idea for cadjpy. i am expecting the pair to go long as it has gotten to an area i will call a demand zone. A conservative way of trading this pair will be to wait for the break of the diagonal resistance before going long
expecting a little retracement back to the trendline before looking for another possible sell position
expecting a little retracement back to the trendline before looking for another possible sell position
expecting a bearish move, entry will be at rejection of the resistance
looking at a bearish move, entry will be after i see a rejection from that retest
Allow the price to give you direction nevertheless am looking at a bullish move
Am looking at a bullish move,entry will be at the break and retest of the double bottom neckline
buy if price breaks the neckline of the double bottom pattern and ride to next resistance level