CADJPY 15min ANALYSIS (SELL)In this analysis we sell this pair because of a strong resistance above. The price has reached a strong supply zone. Therefore we expect to enter the market as sellers. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely.
Cadjpytrade
CAD/JPY good long position CAD JPY was falling due to many fundamental and technical reasons
now market has found a strong demand zone and we see a upside moment on cad jpy for next week
look for bullish confirmation on lower time frames and enter long with your own money management and always remmebr that discipline with patience is the key to success
here are our last week predication on cadjpy
Long Vision on CAD JPYHello Dear Traders,
You find below my analysis for CAD/JPY, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame CAD/JPY will rise to 88.65 as I am showing in my chart (61.8 Fibonacci). Our Weekly Goal is 89.15.
Currently,CAD/JPY is moving towards the support level of 88,25 where there is some liquidity, from this value we are looking for short-term buying opportunities of CAD/JPY.
BoC will be announcing their monetary policy decision later and it is expected that BOC will be holding interest rate unchanged at 0.25%.
Good Luck and enjoy your Bullish Market.
Entry:@ 88.15
TP1: 88.45
TP2: 88.65
TP3: 89.15
SL: 88
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
cad/jpy good short position as we mentioned in our last two analysis market exactly behaved as we predicted
cad jpy is facing strong Resistance t higher time frame and chances are for a reversal over all
but on lower time frame its showing a good sign and indication os short entry with good risk to reward
i will suggest to enter short with your own money management
always remember patience and discipline are the keys to success in financial world
CAD/JPY good long position as we shared our analysis last week and market follows our predication and went exactly there to retest
now market is at demand zone and going long
look for bullish confirmation on lower time frames and enter long with your own money management
always remember that patience and discipline are the keys to success
last week prediction link is here