Cadjpytrade
CADJPY Down Trend.!#CADJPY Hello trader, I hope are good and safe. Today I opened the chart of #CADJPY for 15 MIN. and analyzed it then I see that this chart has made a DOWN TREND, So I hope #CADJPY will go downside,
Now Nice opportunity for short.
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Keep Supporting And Thank You..
Trading Idea Regarding CADJPYAccording to my analysis CADJPY is going Bearish For Upcoming Week
1- As it made W Shape Chart Pattern break above the Neck Line and go up.... Now Price is going to retest the neck line that has made on daily time frame
2- Price is making nice Quasimodo chart pattern on 4 Hour Time Frame also Suggest it Bearish behavior for the upcoming week
3- Price has break above from 200EMA its possible that it will retest the 200EMA after Breakout
EWT: CADJPY Preparing for 93.84Price has completed the C leg of corrective wave Primary ((4)), and the price will march for impulsive wave ((5)).
Wave Formations:
Wave ((1))
- Leading diagonal
- Formed on extreme low
- Termination sub-wave 5 is smaller than 3
Wave ((2))
- Zigzag
- 50% of wave ((1))
- Ended near the sub-wave 4 of an impulsive wave.
Wave ((3))
- Impulse (Five wave move)
- Extended 2.618% of wave 1
Wave ((4))
- Running triangle/running flat
- 38.2% of wave ((3))
- Ended above wave (b)
Wave ((5))
- Wave ((1)) was a leading diagonal, so wave ((5)) can't form as a diagonal. It will be an impulsive wave.
- Wave 3 can end near 161.8% of the 4th wave at 93.492.
- Wave 1= Wave 5 at 93.765
- Wave 5 can complete after touching the parallel channel at 93.849.
We can expect the following targets: 91.46-92.29-93.849
CADJPY SHORTS 📉📉📉📉Expecting bearish price action on this pair as price made a shift in the market strucutre from bullish into bearish, retraced back into a bearish orderblock on h4 + imbalance fill and rejected from there with a nice h4 bearish closure. I think we go for another leg to the downside.
What do you think ? Comment below..
#CADJPY Double Top #CADJPY Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze #cadjpy a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
Thank You..
CADJPY BEAR RALLY CONTINUES After bagging CADJPY from 91.000 - 88.000, a simple pullback was seen for the bulls last week, with proper observation, price only went to retest broken structure, which means bear continues its rally, using fibonacci tool to mark out support and resistance, i will be taking my position from the awaiting breakout of the zone.
To everyone thats will love to take this Trade with me, i will advice you trade with proper risk mgt, meaning risk only what you can afford to lose.. if there is any question for me, kindly comment below, this is a swing trade and might take the entire week, bag safely.
CadJpy could rise 200 pipsThe long-term trend for CadJpy is clearly up, and at this moment, the correction started at the end of October looks done.
The pair found strong support in 89 zone, a zone that acted as support or resistance multiple times in the past.
As long as the pair stays above this zone I expect a new leg up and the first target can be 200 pips above, at 91.50 zone.
A break of this resistance would expose the recent high.
Buy dips can be a good choise
CAD/JPY 4HR CHART BUY SET UPHi everyone this is my trade set up for the CAD/JPY for the new week ahead
CAD/JPY i am expecting a pullback to the order block zones and will be looking for a BUY trade
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome