CADJPY
AUDCAD I Headed up from pivot supportWelcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
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CADJPY: Bearish Setup Explained 🇨🇦🇯🇵
CADJPY is trading in a rising wedge pattern on 4H.
And I guess you would agree with me that the pair looks quite overbought.
As a confirmation, I spotted a head and shoulders pattern on 1H time frame
with a confirmed neckline breakout.
We already shorted the pair with my students.
A bearish move is expected at least to the support of the wedge.
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CAD-JPY Resistance Ahead! Sell!
Hello,Traders!
CAD-JPY keeps growing
And the pair is overbought
Already so as the pair is
Headed to retest the
Horizontal resistance
At 110.4 level I think
That we will see a
Bearish correction
Sell!
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✅CAD_JPY SWING SHORT🔥
✅CAD_JPY is about to retest a key structure level of 110.5
Which implies a high likelihood of a move down
As some market participants will be taking profit from long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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TARGET CAD/JPY Reached at 106.00 - What's next?Ascending Triangle formed on CAD/JPY, price broke out and it was a slow consolidation move.
But then one week, we had strong buying and demand for the currency pair which shot it up to the Order Block.
We had other indicators confirming its upside including:
7>21
Price<200
RSI>50
The target at 106.00 hit and the price continued to move up.
I guess it's a market environment for trend and channel traders right now. And until there is a sideways consolidation, I'll wait for the next setup.
CADJPY - 4hrs ( Sell Trade Target Range 240 PIP ) Pair Name : CAD/JPY
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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✔️ Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bearish Reversal
107.200 Area
Reasons
- Major Turn level / W
- Liquidity Zone
- Fibo Golden
- Visible Range Poc
- Choch Area
Bullish Reversal
104.000 Area
Reasons
- Major Turn level
- Main Area / Demand
- Month High
- Trend Line
- Visible Range lvn
- Fibo Golden
CAD/JPY 2 Best Places To Can Sell It And Get At Least 300 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.