How To Trade In Sideway With Real Setup On CAD/JPY Now This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Cadjpylong
CADJPY | BEARS ARE STRONGCADJPY had been trading in a bullish trend but on the 22nd Sep, it broke the range and traded below the rising trendline.
Currently, it is trading in a 10 days rectangle range where a break of downside is possible.
We are expecting at least 100 pips downside move in CADJPY whenever the range breaks.
Trade your levels accordingly.
CAD/JPY :: wait for the best time !CAD/JPY :::
1_ Orange channel :: It is drawn in the time frame of one hour. It is currently at the ceiling of this channel, and its ceiling is a good resistance and will lead the price down to a large extent .
2_ Blue channel :: It is drawn in the time frame of 4 hours. And the price reacts a lot to the bottom of the blue channel, but has not been able to break it yet .
3_ The best decision :: wait until the price either breaks the ceiling of the orange channel or the bottom of the blue channel
4_ the targets will be as follows ::
If the roof of the orange channel is broken: range 117 .
If the bottom of the blue channel is broken: range 101 .
CAD/JPY ON BULL HORNSCAD has been doing great recently. With this time in the world with more caution how the tend back economically, I see no struggle in CAD holding its its stands in the Bullish Trend. With only 2% risk, we go long hoping for the all time high journey retest for CADJPY.
As always #fingerscrossedtrader
CAD/JPY Flying After Broke Res Area , Long After D Closure ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CAdJPY: Elliot Price Action Hello friends. Canada/yen has an upward trend in the long term and will expect to reach 117, but in one hour time, the first wave has ended and it will move towards the price of $105 in a three-wave correction, and after that, it will see a strong growth. up to the price of $112, which is the end of wave 3.
CADJPY H1: Bearish outlook seen, further downside below 105.50On the H1 time frame, prices are testing the resistance zone at 105.50 in line with the graphical resistance where a break below the downside confirmation level at 104.80 could provide the bearish acceleration for further downside moves to the support zone at 103.50. This support zone lines up with the 78.6% Fibonacci retracement. Stochastics is testing resistance and seeing bearish divergence as well as highlighted in red where we could see further downside in prices.