CADJPY SELLCadjpy is in a 1 hr channel going bullish. it just went on a bullish run to the top of the channel and met resistance at 91.390. before it continues on its bullish run i believe it will descend for a retracement to 90.787.
Cadjpyshorts
CADJPY - SHORT; SELL it here!This looks done here. Put fork in it! Target: <80.00.
This one - EURCAD...
... makes this one an even stronger short.
CADJPY - ShortPrice Just Broke Our Ascending Channel On Higher Time Frames Wait For A Pullback Or The The Break Of The Correction Within The Trend line For A Much Safer Reduced Risk Entry
CADJPY Forecast W5 JAN 2020CADJPY has been printing higher lows and higher highs on the lower timeframes. However RSI and MACD are showing weakness in this uptrend. A drop in this pairing is what will be looked out for.
Although price closed pretty bearishly on Friday, the ascending trendline and support 83.102 looks strong enough to hold. And if you look on the weekly timeframe, there’s a descending trendline too. The previous structure high (84.590) didn’t manage to touch that descending trendline. Thus, a new high is expected to form to reach that trendline and form some sort of divergence r double top, before making a bearish movement to the downside.
If price happens to breakout the weekly descending trendline, longing this pair will be more favourable than shorting it
