Possible retracement to 86.510 previous candle closed below ema
Possible bullish to 86.820 through based on trendline
going daily short with conflunces daily fibbonacci 78.6
Bearish trend upcoming on the daily timeframe in CADJPY. Perfect head and shoulders formed at major resistance level.
Forex Swing Trade- CADJPY-4H-TF Limit Sell@87.514 SL-87.720 Target-87.560 RR-4.6 A strong upper trendline in play since many sessions is once again being approached! CADJPY is also facing a bearish divergence along so sellers may be coming soon, thus a short can be taken at rejection from the trendline!
Possible retrace to bullish trend. Cadjpy trading above the moving averages.
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Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (87.12). 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 below the 21-Day WEMA, which acts as a...
CADJPY SELL SETUP FOUND as we can see that cad jpy was bullish from last few days now it has broken trendline, i can expect a good sell from cadjpy after retracement
CADJPY SELL SETUP FOUND as we can see that cad jpy was bullish from last few days now it has broken trendline, i can expect a good sell from cadjpy after retracement
CADJPY SHORT ENTRY. Consolidation near the resistance. Good Risk to Reward Ratio
May be a double bottom pattern form before going up. wait for a BO. Use proper risk management. Thank you
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (88.038). 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...
PRICE IS IN MAJOR DOWNTREND PRICE IS AT STRONG RESISTENCE AREA WICK REJECTIONS AT KEY LEVELS PRICE IS IN CONSOLIDATING AREA ENTRY ; ater breaking structure low (yellow line) tp1 87.082
Cad Jpy is in downtrend, same time possible to make head and shoulder pattern. looking for a short CJ. Use proper Risk Management Thank you
still on long (buy) status Inverted head and shoulder pattern