Cadjpyanalysis
Yemi_Fx1 | Short for CADJPYSame bias for the pair but looking from the 1HTF perspective we can see a more clear Price action pattern rather to be caught up on wrong side of the market if focusing on lower timeframe.
I'll be considering
A Risk entry type at the top of the rising wedge structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the structure.
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DeGRAM | CADJPY fibonacci clusterCADJPY is decelerating while approaching a major resistance level .
Price has reached the fibonacci cluster zone as well as the psychological level of 100,000.
The market shows massive divergence at resistance level , which indicates that prices may explode downward.
Kill zone: dynamic resistance, fibo cluster, and equal-measured move.
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DeGRAM | CADJPY bullish opportunityCADJPY is moving in the ascending channel .
After the bullish move, the market formed a consolidation, broke, and closed above it.
We expect a pullback to support level and trend continuation.
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CADJPY and the big shortCADJPY had engulfed the fl, and now I believe there would be a good downward movement to collect the long orders.
lately it engulfed a demand zone and had a pullback to QML and I'm ready to see my TP.
as we saw a Engulfed FL, the TP is ORFL and there would be a good place to long!!!
CADJPYCADJPY - Trade idea
Pattern: A break to either direction.
Highs: 98.170
Lows: 97.440
If we go below the lows, expect 97 areas to be your target adding confluence with trendline support
If we go above the highs, expect a retest of the highs of 98 half areas.
Have a great day ahead,
Trade Journal
CAD/JPY Playing Good In An Interesting Sell Area ,Time To Sell ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Giving $CADJPY Short another sell chanceAs a trader its about mindset and making sure your decisions are made quickly and one should be patient.
Hence I have made a decision to short this pair.
Using my previous analysis: we had to fill the two liquidity pool above:
therefore I am confident enough to take a short and close my previous trade:
We are learning to be confident and strict with our biases here and avoid the situations like the one I will post below:
indecision is dangerous in trading and one should avoid it all cost.
risk management is key!
STOPLOSS AT: 99.134
TAKE PROFIT AT: 95.092
CADJPYCatch a falling star tonight,
Put it in your pocket, hold it tight.
Wait for a rainy day to come,
And let your wishes all be done.
With every twinkle, every shine,
Your dreams will come to life in time.
So don't let go, don't you fear,
A brighter future is always near.
look like XAUUSD
all trades are for my research of,4
with help of COT and TA the analysis are mad
CADJPY - Short active ✅Hello traders!
‼️ This is my perspective on CADJPY.
I expect here bearish price action as price raid buy stop liquidity and rejected from bearish order block + institutional big figure 0.98000. We have huge imbalance lower that has to be filled.
‼️Attention!!! Due to the fact that we have a news on USD tomorrow, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
cadjpy sell from resistance price is moving near strong resistance where strong chance thats zone will respected and pair will fall down if this structure will valid we wiill see our target near strong support/. Here one thing should be notice price fails to break trend line which may act again and push the price gain to the resistance zone. now at current situation we should wait for proper bearish rejection on resistance zone.
wait for proper bearish and bullish price action
CADJPY : Current Situation & Technical , Fundamental View#CADJPY
- CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG. The reason for that is because the Bank of Japan did not intervene in the long term to strengthen the JPY, they are strengthening the JPY in other ways without raising the rate. Meanwhile, the price of OIL has gone down a bit, so the CAD has become very weak in the last few days. Anyway, as expected in the BOC RATE DECISION the other day, the RATE HIKE was done.
- But somehow the CANADIAN CENTRAL BANK has become HAWKISH. Therefore, CADJPY should definitely be slightly UP until the 103.110 LEVEL. Before that, there is definitely a very high possibility to sell to 96.33 LEVEL. So FOLLOW STRUCTURES.