CADJPY trade ideas
Cadjpy short possible Cadjpy sell now @108.795
Stop loss 109.702
Target 106.868
Trade based on pure price action follow me for more updates from now onwards if i get followers i will post many ideas daily and daily just try this setup and thanks me later✌️✌️✌️✌️
Cadjpy buyTp till red line, entry from 4hr ob or fvg
Bullish on UJ so cad jpy is bullish as well
We can book 1:3 with. 0.5 % risk
#CADJPY: SHORT POSITIONAccording my own setup, I found a strong resistance zone that already had a lot of reaction, thus I was waiting for upward trend line breakout, it seems will be a decent opportunity for short entry.
CADJPY here you can see BOS and imbalance for sell entryCADJPY on PP where you can see BOS in every sell you see the smallest sl
CAD JPYDisclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade,
this post is for educational purpose only . warning :- do not jump directly or do not copy my trades
DO your analysis properly
CADJPY 4 Hour analysis (21 August 2023)CADJPY 4 Hour analysis (21 August 2023)
1. Price is following the trend,
2. If the price stays in the trend we can
get the TP till the next supply area marked
in the box
3. Also, we can see the divergence with Stoch
4. If price breaks the trend, we can expect
bearish movement but we need to wait for
retest
CADJPY 4 Hour Analysis (11 August 2023)CADJPY 4 Hour Analysis (11 August 2023)
1. Price is in a pattern
2. Also, price is near the supply area
3. If the price breaks the supply area, we can
go for long but we can take confirmation on
retest and DMI / ADX
4. If price respects the supply area
then we can go for short, this also we
can confirm with DMI/ADX, also with this
the trendline can be a break in the
short movement of the price.
inverted head and shoulder let's see to see a beautiful pattern and how you learn from past pattern it is what we learn in past history.
CADJPY Trading ideanow go short side with huges profit targets
please trade with your Risk Management
"CADJPY LONG"My Analysis:
1. Fast EMA crosses the Slow EMA upward
2. Price above 200 SMA
3. Smoothed HeinkenAshi candle just about to turn green
4. Volume above average
5. In Day Time Frame "Fibonacci retracement at Golden Zone"
PRICE - 106.054
SL - 104.086
TP - 109.113
PROBABILITY: More than 80%
go long in CADJPY4 Hour candle close above the trendline
with small uper wick like less then
20 % of breakout candle
CADJPY 4 Hour Analysis (27 June 2023)CADJPY 4 Hour Analysis (27 June 2023)
1. Price is in strong supply area
2. We can see price is making bearish divergence with MACD and AO
3. Also, to confirm the bearish move, the price should break the consolidation box
4. But, if the price breaks the supply area, then we can expect some bullish move
So, we need to wait and enter.
CADJPY 4 Hour Analysis (20 June 2023)CADJPY 4 Hour Analysis (20 June 2023)
1. Price is in prev. Supply Area
2. price is in uptrend, but it can retest till MA
3. also we can see that price is in consolidation, so at consolidation breaking we can expect a movement
4. another confirmation from RSI, we can see the price is in overbought region, trying to enter the RSI zone,
5. So, let's wait for a proper move
GBPCAD followupSo a few days ago i published my analysis on a potential GBPCAD short bias that was just pre CPI data release however i did mention it was quite the risk and i still wanted to see how it would play out and needless to say it took a whole different turn lol.
Not a problem though, its all about probability and the market will always be cooking another setup so we all good!
CADJPY 4 Hour Analysis (14 June 2023)CADJPY 4 Hour Analysis (14 June 2023)
1. Price is in bullish trend, but it may retest
2. If price breaks KL1 it indicates a strong
bullish strength
3. We can observe bearish divergence with AO
4. If the price breaks trend then we need
to wait for KL2 retest for bearish entry
