#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. And as expected, JPY WEAKNESS came after the BOJ INTERVENTION. This was because the Bank of Japan did not intervene in the long run to strengthen the JPY. Meanwhile, CAD has become very STRONG in the last...
#GBPJPY - According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was, FUNDAMENTALLY JPY STRONG, GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week. - JPY has become somewhat WEAK because VIX is slightly DOWN. Due...
#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. And as expected, JPY WEAKNESS came after the BOJ INTERVENTION. This was because the Bank of Japan did not intervene in the long run to strengthen the JPY. Meanwhile, CAD has become very STRONG in the last...
#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. And as expected, JPY WEAKNESS came after the BOJ INTERVENTION. This was because the Bank of Japan did not intervene in the long run to strengthen the JPY. Meanwhile, CAD has become very STRONG in the last...
List of confluences: 1. Trendline breakout 2: Higher highs and Higher lows being created 3: Key level breakout 4: Several pin bars candles CADJPY is currently in a strong uptrend when we look at the bigger picture trend so we will be only looking for buying opportunities. When looking at the daily chart we can see that price has broken a recent counter trend...
This is for short term And this is risky too. Please DYOR before entering the trade.
price is in an uptrend with structure confirmation. Waiting for price to pull back into retracement levels and give confirmation signals before committing to a long position
#CADJPY Due to MARKET RISK OFF, CADJPY is going down a bit. We expect CADJPY to go UP again. Either way, that price can retrace to the CADJPY MAIN TRENDLINE. After that you can go DOWNSIDE the MARKET. The reason for that may be due to the fall in OIL PRICES. You can definitely buy at the CADJPY 104.90 level. For that, MARKET RISK should be ON SHORT...
We will be looking to short CADJPY. The market has been bearish for several days. We can see signs of market exhaustion. 1. Trendline Breakout 2. Breakout Of Key Level 3. Retest of Key Level Target is the low of the month. Risk Reward is around 1 to 8.
According to my analysis this pair going bearish Symmetrical triangle chart pattern on 4 hour time frame
According to my analysis CADJPY is going Bearish For Upcoming Week 1- As it made W Shape Chart Pattern break above the Neck Line and go up.... Now Price is going to retest the neck line that has made on daily time frame 2- Price is making nice Quasimodo chart pattern on 4 Hour Time Frame also Suggest it Bearish behavior for the upcoming week 3- Price has break...
CADJPY is in the beginning of the bigger bearish impulse and therefore there are two areas where price may react or reject from the region, first one is 90.97 and the other is 91.20 lets wait and see, how price react at these areas.
Entry : Current Price Take Profit 1 : 92.020 Take Profit 2 : 92.197 Stop Loss : 91.727
Price is currently trading within Caption zone/s that last saw Tests for rejection to the downside in October-November of 2015. For price to experience the anticipated drop, CAD has to weaken and JPY has to strengthen inclusive of fundamentals. Bearish pattern signs have initialized on smaller time frames with rejection at 92.545, which is the beginning of a...
A few days ago I shared CADJPY analysis indicating a bearish pattern on H4! Today I want to share the same analysis on the Daily timeframe! Price is approaching to daily trendline resistance zone! At the same time price approaching a key supply zone! Failure to break above the zone will be an indication that bears are about to take over!
Hi Traders, This is my view on this pair for the next days #CADJPY Wait for the price to reach 89.7 area to look for a trigger. SL 90.21 TP 85.1 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to...
I try to make Every thing Simple and Self explanatory in The Chart. Thank you for Watching My Trading Idea.