Cadjpyshort
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 TOUCHING Its Resisance 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
CADJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on CADJPY .
Here I am looking for a short position if price takes out buy stop liquidity above equal highs and then rejects from bearish orderblock + institutional big figure 98.000. Also, we can see divergence in formation on H1 timeframe.
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capjpy shorthey everyone... looking at weekly tf.. the cadjpy looks very bearish and it will continue going bearish until it reaches its support area around 92-90...it could pull back from the support area which most likely be low high since the price is below 200ma.. indicator in day tf showing bearish divergences
good luck
CADJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective of CADJPY .
Here we are bearish from H1 & H4 timeframes perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bearish orderblock.
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CADJPY - Retracement expected ✅Hello traders!
‼️ This is my analysis on CADJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make the retracement to fill imbalances higher and then to reject from bearish orderblock + institutional mid figure 98.500.
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CADJPY SHORT from a nice area of resistance IF we get a breakoutHere is another potential trade idea on CADJPY IF we see a breakout from the triangle that is forming. This triangle is forming after a good run to the upside, at a strong resistance level. So, if we see a breakout to the downside, this would be a very attractive trading opportunity, as price may be heading towards a lower low.
CADJPY LONG BUYThe Canadian Dollar vs. the Japanese Yen. When a trader is unsure about trading the US Dollar, the CADJPY is often determined to be a suitable replacement. However, the historically higher yield of the Canadian dollar in the past has made the CADJPY more sensitive to market wide sentiment changes than the USDJPY. Also, Canada’s large amount of energy exports, most notable oil, causes it to be affected by crude oil prices.
CADJPY - Retracement expected ✅Hello traders!
‼️ This is my analysis on CADJPY .
Here we are bearish from daily perspective, so I am looking for shorts. Now I expect price to reject from bullish orderblock and to make a retracement and to open a short position if price rejects from bearish orderblock.
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CADJPY BEARISH BIASCurrently on the 4HTF, price have been making a series of lower highs and lower lows which signifies a bearish trend, in conjunction with this also price is breaking structure and retesting it. So I'm looking forward for a retest of the previous support level before going lower to the recent support.
You can also share your view on this.
I'm open to ideas.
CADJPY Sell !The pair got pushed down from the 103.412 pivot line and is now also done with the restest ready to move all the way down to its next Target 101.379 !!
The move is further strengthened by 50 and 200 EMAs pointing down on the daily and 4-H timeframe !
My final Traget for the pair is 101.4 !