CAD/JPY Yesterday Entry +130 Pips 0 Drawdown , New Entry Added 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.
Cadjpyidea
CADJPY Next Possible Move ? Pair : CADJPY ( Canadian Dollar / Japanese Yen )
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame with the breakout of the Lower Trend Line and Retracement
Divergence
Consolidation Phase
Break of Structure , Broke the Previous S / R and Retested
Bearish Channel
CAD/JPY Giving Good Bearish P.A , Short Setup After Closure !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.
CADJPY: Trading Plan - 8/Mar/2023Hello Traders,
Hope you all are doing good!!
I expect CADJPY to go Down after finishing the correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
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.
DeGRAM | CADJPY major supportCADJPY is trading in the descending channel .
The market could not make a lower low at support, indicating a potential reversal or consolidation.
Price is testing at a psychological level of 96,000.
We expect a test of support and bullish move.
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CADJPY, still waiting, around 150 pipsRecently, the price has been moving in the designated channel (red lines). I am waiting for a support or resistance breakout.
This will be a buy or sell sign.
Beware of false breakouts.
TP around 102.60 (if long) or 98.00 (if short).
Around 150 pips in both cases.
GG
P.S.
This is of course not financial advice, just my idea.
DeGRAM | CADJPY bullish opportunityCADJPY moved out of the descending channel .
The market formed a consolidation at resistance after bullish move.
Price is testing at a psychological level of 101.000.
We expect a breakout and a bullish move.
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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. 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 few days due to the increase in OIL prices. Anyway, the RATE HIKE was not done as expected in the BOC RATE DECISION the other day. The rate hike was less than that.
- Currently, the price of OIL is rising very fast. For this reason, CAD should be a BUY in the future.
- Definitely CADJPY should be slightly UP until 105.896 LEVEL. Before that, there is definitely a very high possibility to sell to 98.031 LEVEL. The reason for that is because even now OIL PRICES are going up a bit.
DeGRAM | CADJPY major supportCADJPY tested the major support level on the daily timeframe ..
Price action made false break at psychological level 102.000, which indicates that bears are running out of steam.
We expect a breakout of the channel and a move to the north .
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20 Reason for Sell CADJPY 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Sideways Since 1998
2 📆Monthly: Rejected at upper range level
3 📅Weekly: a clear choice formatted price goes down
4 🕛Daily: Made 2 higher low and lower low clear bear structure
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bear
6: 2 Pattern Candle Chart: Momentum candles /Support breakout M pattern is also completed
7: 3 Volume: High volume inside the trend
8: 4 Momentum UNCONVENTIONAL Rsi: Below 40 super bearish shift range from sideways to bear
9: 5 Volatility measure Bollinger bands: Walking on the band and now start for down 2 2nd wave
10: 6 Strength ADX: the bear is in power
11: 7 Sentiment ROC: clear JPY is weaker than CAD, but this time, JPY are in correction MOOD
✔️ Entry Time Frame: h4
12: Entry TF Structure: bear
13: entry move: move is Corrective
14: Support resistance base: FVG/OB
15: FIB: Wait
☑️ final comments: Sell
16: 💡decision: Short
17: 🚀Entry: 103.515
18: ✋Stop losel:104.548
19: 🎯Take profit:97.263
20: 😊Risk to reward Ratio: 1:6
🕛 Excepted Duration:30
DeGRAM | CADJPY bearish opportunityCADJPY is making lower lows, an indication of the downtrend.
Price has reached the lower border of the descending channel, and now it's moving up to test the upper border of the channel.
The channel border acts as a dynamic S/R.
Price at the confluence zone: dynamic resistance, swing zone, and equal-measured move.
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CAD/JPY Running In 70 Pips 0 Drawdown , New Entry Added NowThis 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.
DeGRAM | CADJPY bearish pressure CADJPY is trading in the descending channel .
The market is consolidating at the resistance level .
Price action is printing equal lows and lower highs, an indication of bearish pressure.
Price is likely to test the support level .
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CAD/JPY Running In 50 Pips 0 Drawdown From Last Video ,New EntryThis 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.