Here’s a sell-side analysis for CAD/JPY on the 2H chart based on your updated screenshot:
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Pair: CAD/JPY
Timeframe: 2H
Current Price: ~104.656
Market Bias: Short-term bearish shift from previous bullish trend
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Sell Analysis Overview:
1. Bearish Structure Forming Below 105.300–105.600
• Price recently broke below a major support zone (~105.300–105.600),...
Buy Analysis Overview:
1. Clear Bullish Market Structure
• The chart shows a series of higher highs and higher lows, confirming bullish momentum.
• Price has broken previous resistance levels and is now using them as support (e.g., zones around 105.000 – 105.260).
2. Retest of Previous Breakout Zone
• Price recently broke above a significant resistance (now...
CADJPY - 4H Chart Sell Analysis
Market Structure
• The overall structure is bearish, with price forming lower highs and lower lows.
• Price attempted to rally but failed to break above 105.000, a major supply zone and previous support turned resistance.
• The most recent push above the highs appears to be a liquidity grab, followed by a strong...
USDJPY - 4H Chart Sell Analysis
Market Structure & Price Action
• The price has been in an uptrend but is currently rejecting a key resistance zone around 149.796 - 150.000.
• Multiple liquidity grabs (wick rejections) are visible around this area, indicating strong selling pressure.
• A clear double top or liquidity sweep pattern is forming around the highs,...
