Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (90.90).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as...
Hello guys i had find this trade IN 4H TIMEFRAME which make distribution zone at upper channel and broken good opportunity to short with above resistance sl and target near support thank you if you like my analysis plzz like share and comment
As You can see CADJPY price are comletely broken with strong Bullish candle and representing continue to rise.
Now its confirm trade because it broken and retested on support level and ready to fly to hit Our TP.
So guys its best moment BUY CADJPY.
CADJPY BUY
TP 1 : 91.524
TP 2 : 92.050
TP 3 : 92.771
TP 4 : 93.275
SL : 90.388
Good luck Guys.
All Videos/Information on this channel are for Education purpose only. They are not buy/Sell Recommendations. Please consult your Financial Advisor before taking any trade or investment decisions.
CADJPY Forecast: We will take a long position (Pending) @ 89.90 and collect profit by 90.10, 90.55 & 91.20 by risking 1-3%.
Tips: Keep trailing your SL after 20+ Pips to lock your profit.
Many confluence confirmed: Uptrend.
Thanks to all those who have followed me and liked my post.
Special thanks to all those who DM me and commented on my analysis wanting to...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (90.521).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Daily break and retest - confirms uptrend
4H my preferred entry zone. double bottom formed at the demand zone . broke and waiting for 2nd retest.
Take profit 1 and 2 are set at 90.880 (TP1) and 91.180 (TP2)
Sl will be 5 pips below previous LH, will be adjusted at retracement if need be.
Good Luck and Risk safe, don't gamble, even a perfect setup can fail.
My...
Possible breakout at the 5th count of wave. showing descending pennant pattern indication the pair to have a trend continuation on showing confirmation candles at the support
EURCAD is going down to next Demand Zone as shown.
EURCAD and CADJPY Daily Chart,
it is going down to the next support levels in the Demand Zone as shown which is supported by our 8 Major Strength indicator showing that CAD is the Strongest one in recent days and EUR is going to weak side from these 2 days.
JPY is the weakest one since last week.
CADJPY has...
