CADJPY shortBreak and retest of ascending channel. Rejection of 4hr resistance. Bearish engulfing patterns on the 15. Rejection of daily pivot.
Cadjpyshort
cad/jpy sell oppertunitycad jpy is currently facing a strong resistance area and market now broke a trend line
market is is back at retest
look for bearish confirmation of lower time frame and sell cad jpy with proper risk management
discipline is the key to success in financial world
CADJPY Short PositionIt seems that the CADJPY currency pair has encountered a large long-term price action resistance at this point, and its intersection with a large divergence in the RSI is clearly evident and can lead to a drop in price up to the specified trend line.
CADJPY shortBreak of mini ascending channel with bearish engulfing 1hr candle. CAD not ready to push north, needs to visit 0.886 fib level which is the bottom of a bigger ascending channel. Its also rejected the daily pivot resistance level 5 times with the 1hr candle.. ADX is negative on the 5 and 15 with 1hr about to flip.
CADJPY NEXT MOVE !Hello Traders Around The World!
CADJPY looking amazing. Beautiful set up for a short position plan.
As you can see, CADJPY reached a mass psychology at 106.513.
The price started to test this area with a correction + Ascending channel.
I will be focusing on taking a reversal pattern in this area & execute when the price breaks to the downside.
Patience is key.
#ThePrimes
CADJPY in the second encounterHello dear friend;
according to the chart, you can see the second price touch this level, I prefer to find some fallen position in this situation because I believe that the second encounter doesn't have enough power to break this level.
You can check the 4H time frame to see the very strong evening star also.
CADJPY Set UpLooking to short this pair as there is major resistance above. Would love to see price break the trend line and then retest before entering for a sell. Of course, price can break June's highs and the 2 resistance above the current price on the chart. Would take news to do so in my opinion. Tuesday and Wednesday this week are important days to see what this pair will do the upcoming week.
Cadjpy shorts....Am waiting for the 4H Candle BREAKOUT..... For a quick 3.08R....
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CADJPY it's time to sell↘️Alert has presented for a CADJPY sell.
Trade is in progress at time of writing this idea.
Chart has all the trade details showing entry, TP target and SL value.
I am aiming for TP3 value on the chart label.
The yellow line is entry point.
Red line is SL and Green line is TP.
Thanks for looking
Darren 👍
CADJPY Set UpsThese are the set ups I see on CADJPY. Of course, we always wait for price action to show us which direction the market will end. What do you think?
Cadjpy short after the testNice opportunity to open a short position at the test on the median line with small stop loss.
CADJPY | UPSIDE RALLYCADJPY has been in a bullish trend. The pair have been taken support from 50% fib level.
One can attempt a long position with SL taken below 50% fib level.
Trade your level accordingly.
MY VIEW ON CADJPYhello guys, t his is my insight on CADJPY, from H1 point of view the price broke the daily trendline and retested it then in H1 it formed head and shoulder chart pattern which is a strong selling signal, not only that but also it has broken minor trendline in H1 and it retested both the trendline and the neckline of the head and shoulder pattern, hence this gives us a clear selling signal.
CADJPY SellMy Bias is to the down zone as a 4-hour and daily zone exist above in a downtrend. Price has also just broken support. I'll be looking for an hourly close below support and/or the next 4-hour candle. CADJPY is volatile and can very easily wick back up. Let's see what happens. A perfect scenario obviously is a break and retest.
CADJPY SELL ANALYSISLooing at CADJPY on 2h timeframe
We looking for a possible SELL/SHORT position
We looking for a possible downward at this phase
CADJPY SHORTCADJPY analysis update and I’m seeing it’s going to move for +120 PIPs to the downside ✅
CADJPYHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
CADJPY view with smart money concept
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit day guys
CADJPY short /Triangle/Heading to Triangle E
SL 106.231
TP 104.186
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This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading
CADJPY SHORT - BEARISH TREND REVERSAL!Waiting for a pullback into 105.722 or a break and retest of 103.470 to short CADJPY back down to swing lows 101.659.
If you agree drop alike and if you have any questions leave a comment! :)
Cadjpy Looking for SHORTS.....Am waiting for the breakout of the denoted level and retest for entry short .....
Targets on chart. Like & Subscribe.
