Cadjpyshort
CADJPY | DownTrend 🔻🔴In my opinion, the trend in the 4-hour time frame is bearish
So I am only looking for a SHORT position
The best place for me now is for the price to reach the top of the descending channel, then with a sign of decline and confirmation, I will enter the SHORT position.
CadJpy short positionHello guys, look at this chart
I find good position for cadjpy, I guess it should go down by stoploss 107
for tp 104-98
CAD/JPY SELL SIGNAL...VIEW
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CADJPY shortADX cross to negative on 1hr. Break and retest of ascending channel. Break of bullish structure. 0.786% fib rejection with double top.
SHORT CADJPY ✅✅✅Hello traders!
✅ This is my trade on CADJPY .
Here we can see a reversal as price broke the market structure, so I expect bearish price action from here as price rejected from bearish orderblock + FIBO 0.618 level.
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Cadjpy shorts....An ascending triangle has been breached on the daily.
Am entering in on the retest for a quick 3.25R ....
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CADJPY, more downside expected Hi Traders,
CADJPY has taken a drop and if we look on the HTF, price moved up within an ascending channel which made a double top to add bearish confluence that a reversal is coming. On the LTF, price made a smaller correction at top of channel cresting a massive push downward to lower boundary. Wait dor a Breakout followed by correction (4 to 5 candles) to validate another high probability sell opportunity.
Trade Safe!
Thank you
CADJPY preparing for a reversal!!CADJPY has formed a reversal pattern at the top of the monthly resistance and possibly coming for a deeper retracement. A possible sell opportunity!!
CADJPY shortBreak and retest of ascending channel. Rejection of 4hr resistance. Bearish engulfing patterns on the 15. Rejection of daily pivot.
cad/jpy sell oppertunitycad jpy is currently facing a strong resistance area and market now broke a trend line
market is is back at retest
look for bearish confirmation of lower time frame and sell cad jpy with proper risk management
discipline is the key to success in financial world
CADJPY Short PositionIt seems that the CADJPY currency pair has encountered a large long-term price action resistance at this point, and its intersection with a large divergence in the RSI is clearly evident and can lead to a drop in price up to the specified trend line.
CADJPY shortBreak of mini ascending channel with bearish engulfing 1hr candle. CAD not ready to push north, needs to visit 0.886 fib level which is the bottom of a bigger ascending channel. Its also rejected the daily pivot resistance level 5 times with the 1hr candle.. ADX is negative on the 5 and 15 with 1hr about to flip.
CADJPY NEXT MOVE !Hello Traders Around The World!
CADJPY looking amazing. Beautiful set up for a short position plan.
As you can see, CADJPY reached a mass psychology at 106.513.
The price started to test this area with a correction + Ascending channel.
I will be focusing on taking a reversal pattern in this area & execute when the price breaks to the downside.
Patience is key.
#ThePrimes
CADJPY in the second encounterHello dear friend;
according to the chart, you can see the second price touch this level, I prefer to find some fallen position in this situation because I believe that the second encounter doesn't have enough power to break this level.
You can check the 4H time frame to see the very strong evening star also.
CADJPY Set UpLooking to short this pair as there is major resistance above. Would love to see price break the trend line and then retest before entering for a sell. Of course, price can break June's highs and the 2 resistance above the current price on the chart. Would take news to do so in my opinion. Tuesday and Wednesday this week are important days to see what this pair will do the upcoming week.
Cadjpy shorts....Am waiting for the 4H Candle BREAKOUT..... For a quick 3.08R....
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CADJPY it's time to sell↘️Alert has presented for a CADJPY sell.
Trade is in progress at time of writing this idea.
Chart has all the trade details showing entry, TP target and SL value.
I am aiming for TP3 value on the chart label.
The yellow line is entry point.
Red line is SL and Green line is TP.
Thanks for looking
Darren 👍
CADJPY Set UpsThese are the set ups I see on CADJPY. Of course, we always wait for price action to show us which direction the market will end. What do you think?
Cadjpy short after the testNice opportunity to open a short position at the test on the median line with small stop loss.
CADJPY | UPSIDE RALLYCADJPY has been in a bullish trend. The pair have been taken support from 50% fib level.
One can attempt a long position with SL taken below 50% fib level.
Trade your level accordingly.
MY VIEW ON CADJPYhello guys, t his is my insight on CADJPY, from H1 point of view the price broke the daily trendline and retested it then in H1 it formed head and shoulder chart pattern which is a strong selling signal, not only that but also it has broken minor trendline in H1 and it retested both the trendline and the neckline of the head and shoulder pattern, hence this gives us a clear selling signal.
