Disclaimer:- 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) 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) 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...
let's see to see a beautiful pattern and how you learn from past pattern it is what we learn in past history.
Triple top formed in 15 min timeframe at 4hr timeframe resistance
now go short side with huges profit targets please trade with your Risk Management
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%
4 Hour candle close above the trendline with small uper wick like less then 20 % of breakout candle
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) 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...
CADJPY#15m-Bearish #Sell Setup #Risk:Reward/1:7#Go With Confirmation
So 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) 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
cadjpy has been on an uptrend for sometime but i think now we shall see some pull backs, once price reaches 105 , 106 area.
CADJPY Hour Analysis (13 June 2023) 1. We have important levels as KL1 and KL2 If KL1 breaks, we can get some strong bullish momentum and for KL2 break a strong bearish momentum 2. But for any directional break. retest may happen so we need to wait and enter 3. Near the trendline, we can see consolidation or range, so the range breakout can be strong 4....