Cadjpylong
CADJPY: NICE SETUP NEED TO WAIT FOR CONFIRMATION.Thanks for Taking Interested in my Trading Idea.
CADJPY: NICE SETUP NEED TO WAIT FOR CONFIRMATION.
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CadJpy on 4hrs(Sell)CadJpy seen retracting on resistance parameters so therefore we see it head to next support ranging there for a little while then proceed further downwards to bottom trendline/supports. Like and share your ideas on this particular pair too. Also always apply proper risk managements thanks!
cadjpyMortgage rates rose slightly in the week ending 13th February, ending a run of 3 consecutive weeks in the red.
In spite of the weekly rise, mortgage rates were at the lowest level since 26th October 2019, when 30-year rates had also stood at 3.47%. Historically, rates sat just 15 basis points above a historical low 3.32% back in November 2012, according to figures released by Freddie Mac.
Compared to this time last year, 30-year fixed rates were down by 90 basis points.
30-year fixed rates were also down by 147 basis points since November 2018’s most recent peak of 4.94%.
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cadjpy 4h timeframe long, daily timeframe short!CADJPY
the channel in daily timeframe has been broken so we can have a short (SL and TP are shown)
also, there is a head and shoulder pattern in the H4 timeframe!
So I think, that it goes upward and after that, we can have a short trade from there!
so let's move up and down :)
CADJPY, my perfect prediction just missed a few pips! whats nexton my previous analysis (link attached below!) we missed just few pips from our entry level, now we have the second chance ... good luck!
Plan : trendline breakout --> wait for price to bounce off from horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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GWBFX
Trading Pathways Analysis of CADJPY H4 Chart
The outlined white arrow pathway is the predicted pathway that the CADJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where CADJPY will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways