CADJPY Bearish Continuation ?CadJPY had been in weekly Range and now the Range i Broken . According to Pattern Trading it has Made H&S Pattern. So i Expect price to Retrace back to EQ Level or Deep Discount Price for more Sell Downwards!
Cadjpyshort
CADJPY | Converging TriangleCADJPY has been converging in a symmetrical triangle and currently moving under bearish trendline on shorter timeframe. We are expecting it will bounce from the support zone (highlighted) and ultimately break above the converging triangle. Alternatively, breaking below the support will result in more bearish pressure.
Trade your levels accordingly.
CAD/JPY Sell Opportunity as long as below 91.80 CAD/JPY is hovering nearly to its trendline resistance zone. CAD is a bit strong enough against most of the major currencies. But JPY is considered a safe-haven asset, and we should not forget it. And technically, many times, CAD/JPY dropped from the trendline resistance level.
So, I am expecting this also CAD/JPY can drop from the trendline resistance zone to 89.89 (Trendline support).
Last week CAD/JPY bounced from the trendline support zone of 89.25. SO, as long as CAD/JPY is unable to break below 89.25, it may not go in long-term sell as well. But if CAD/JPY breaks below the trendline support level of 89.25, we will see more downside pressure in CAD/JPY.
Breaking below 89.25, our first target to the downside is 87.87, and breaking below 87.87 will open the door for a solid support zone of 85.70 price zone.
CADJPY ShortHey traders, in today's trading session we are monitoring CADJPY for a selling opportunity around 90.7 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
CAD/JPY Sell: Wait for a break below the trendline Support During the Asian season, Putin ordered to attack Ukraine. Ukraine says that Kyiv is under attack from the cruise and ballistic missiles.
So, safe-haven JPY will dominate all currencies and especially commodities currencies. CAD/JPY are at risk of dropping more and more.
So, let's check out my CADJPY chart.
CAD/JPY Sell 89.30
One More Sell Limit @ 90.00
Stop-loss above 91.80
Target zone 87.90
Target Zone 2: 85.70
cadjpy ready to bearish are you ready ?cadjpy ready to bearish are you ready ? we expecting downside movement .confirmation is already done in small time frame now looking long term bearish
CADJPY | Breakout insight
CADJPY has been trading in bearish parallel channel and current price suggesting breakout from the channel. One can take enter long in here with managed risk. Alternatively, breaking back in channel will fall the price to support zone.
Trade your levels accordingly.
CADJPY SHORT - REVERSAL COMING UP!In this video I break down why we could potentially see CADJPY reverse back down to lows at 88.000
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CADJPY Will Breakout Short Sell!CAD-JPY rebounded from the daily resistance 91.5
and broke the ascending support line
Penetration confirmed
So I think so after
We'll see a move down in 87.5
CADJPY shaping up for a SELL!Hi Traders,
CADJPY has been developing bearish price action recently as impulses & corrections have been forming over again. Looking at the Global situation between Russia and Ukraine, safe haven currencies are strengthening which should push the price to lower boundary of the HTF structure around 89.50. I believe further down side to 87.50 is possible If we get a breakout and another continuation.
Follow your trading plan and risk management.
Good Luck!
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CADJPY PENDING SELLSHope this one hits, will be a great one. TP levels as shown.
Entering 4 orders (0.25% risk each). All positions going risk free after TP1.
TP4 will just follow price down, see how low it can go. Ideal scenario is into that yellow box.
Trust your analysis :)
cadjpy shortthis is based of fundamentals and cpi news incoming. at 830. which i don't expect it to be good for CAD
CADJPY SHORTMarket now currently in the 4H OrdreBlock. So we have to expect reversal from this zone.
You can sell after that purple color support breakdown. Set SL above from the purple zone.
CAD/JPY Sell: CAD/ JPY
Sell limit: 91.435
SL @ 92.270
TP @ 90.050
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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It is not an investment recommendation
CAD/JPY - Potential Sell at Reentry MHV H1Technical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average). This is just a prediction where the market price go. * Trade at your own risk *
CADJPY Down Trend.!#CADJPY Looking for Sell trade setup as I mentioned in the Chart.!
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CADJPY H4 ShortAfter short pull back into imbalance zone that coincident with previous S/R zone , CADJPY seems in progress making further correction to complete wave 2 approaching demand zone/support area at Fibo nearly 0.618.
CADJPY I am expecting a down movement for this pair.
the expected move is 3-3-5 which is a flat structure.
CADJPY | Important Zone CADJPY is going to retest the 91.700 level for another time. It has failed to break this level clearly. Current price action has enough power to break this zone?
This is the watchout level for this pair. We are expecting the break above this time.
Trade your levels accordingly.
Short CADJPYPrice has reached resistance trend line which began to form a symmetrical triangle formation in October 2021 and Stoch shows crossing overbought lines. I'll be expecting price to short towards 90.004.
CADJPY SELLCadjpy is in a 1 hr channel going bullish. it just went on a bullish run to the top of the channel and met resistance at 91.390. before it continues on its bullish run i believe it will descend for a retracement to 90.787.
CADJPY SHORT2 Supply Areas nested within a Daily supply, Under a Monthly and Weekly Down Trend equals a potential down fall for this pair.
Daily supply established two odds that help us declare this pair will fall at the 2 noted 4Hr supply zones, those two odds are Break of structure and Imbalance away from the zone and other odds are also seen
Definitely going to be looking for shorts up those supply zones.
Bears to take over!Hi Traders,
CADJPY is reaching the top boundary of a corrective structure, waiting to see if we get a strong Impulse down followed by a correction to push price lower.
Keep this one on your watch list.
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