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Cadjpyshort

CADJPY PLAN!Hello traders around the world! Lets talk about CADJPY. First of all, on the higher time frame (Weekly) we can clearly see that the price reached a mass psychology at 106.580. Currently, the price is ranging between 106.000 & 110.000. This is clearly an area for short positions. (First confirmation) On the daily chart, we have an ascending channel signaling a downside gravity (Second confirmation). Where are the areas to take short positions? The areas for shorts on CADJPY are: (Third confirmation) 1) The high of the middle section @ 110.528 forming a double top &/OR 1H reversal pattern as a combination. 2) The high key area (on the upper TL) @ 112.200 We must be waiting for reversals in these two areas and execute properly without having the fear of missing out. Patience is key. #THEPRIMES
Short
by alex_k_95
CAD/JPY → 90.5 :: THE CLARITY IN THE POLARITY :: TRADEGODFOREXCOM:CADJPY TRADE INSTRUCTIONS: Sell any highs over the Red lines horizontally stemming from the Red circles and take profit at either Aqua coloured line. Levels are also available on the chart for use with ordered trades. This means any new daily highs are sells accordingly. CAD/JPY and its true value is currently in the range of 90.636 - 90.511 and 2022 in a whole saw some good impulsive moves to the upside although that bull is hibernating this Christmas as expansion and subsequently accumulation ended last week. The last leg of the expansion phase through Aug and into Sept was extremely impulsive in structure but Like the rains fall onto mountain tops and begin a legendary journey back to sea so will this asset rain on the buyers and wash away profits of those who do no perceive the unseen reality and cycles at play here. Moral of the statement is to "go with the flow", the path of least resistance. ENJOY.
Short
by TradeGod_1111