Cadjpylong
cadjpyMortgage rates rose slightly in the week ending 13th February, ending a run of 3 consecutive weeks in the red.
In spite of the weekly rise, mortgage rates were at the lowest level since 26th October 2019, when 30-year rates had also stood at 3.47%. Historically, rates sat just 15 basis points above a historical low 3.32% back in November 2012, according to figures released by Freddie Mac.
Compared to this time last year, 30-year fixed rates were down by 90 basis points.
30-year fixed rates were also down by 147 basis points since November 2018’s most recent peak of 4.94%.
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cadjpy 4h timeframe long, daily timeframe short!CADJPY
the channel in daily timeframe has been broken so we can have a short (SL and TP are shown)
also, there is a head and shoulder pattern in the H4 timeframe!
So I think, that it goes upward and after that, we can have a short trade from there!
so let's move up and down :)
CADJPY, my perfect prediction just missed a few pips! whats nexton my previous analysis (link attached below!) we missed just few pips from our entry level, now we have the second chance ... good luck!
Plan : trendline breakout --> wait for price to bounce off from horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Trading Pathways Analysis of CADJPY H4 Chart
The outlined white arrow pathway is the predicted pathway that the CADJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where CADJPY will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
CADJPY long trade update! (re-entry)Note : on my previous analysis price went up +50 pips from our entry level (link attached below!), this plan is a second chance / re-entry ... good luck ;)
Plan : wait for the retracement at a lower timeframe like M30 or M15 --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
CADJPY BUY. Complete setup point to point.Hello Traders! I have analysed this chart for myself I am posting publicly to see your point of view on CADJPY. Post your analysis below.
This Chart is analysed using Fibonacci Retracement putting in ELLIOT wave form. Wave 3 is checked using unique way of moving average with exact point according to analysis. What I figured out is wave 3 will be extended one. So wave 4 will retrace about 0.382% and wave 5 will be equal to wave 1 in size. ABC wave will end above wave 4 because of extended wave 3.
Post your analysis below and hit like if you agree with this analysis.
CADJPY US OILCADJPY short for a couple of weeks, till it hits support then BUY.
USOIL will also be effected as Canada has the largest reserve of oil , and Japan is the biggest importer of OIL.
As the bearish moves of CADJPY happens we will see some bearish moves in the USOIL market.
When CADJPY falls, Short USOIL
When CADJPY increases, BUY USOIL
CADJPY buy on H1Note : CADJPY forming a potential inverted H&S after price bounce off from daily support level (link attached below!) now we are waiting for further price development (structure breakout) before placing any buy order
Plan : trendline / horizontal resistance breakout --> wait for price to bounce off from trendline / horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
CADJPY roadmap on dailyNote : price touched daily support level but last week daily candle close is formed a bearish strong momentum and it might push price to go lower, please wait for further rejection candle signal or price deceleration before placing buy order
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
CADJPY H1 ANALYSISHello traders, we currently have a long setup for CADJPY on the H1 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go long. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel like you're learning, please give us a follow and like the post to help others like you also learn in the forex markets. Study hard!
*Disclaimer*: This trade analysis was conducted by myself and is by no means a trade signal. This trade analysis is based off my opinions and is by no means indicative of future price action.