Giving $CADJPY Short another sell chanceAs a trader its about mindset and making sure your decisions are made quickly and one should be patient.
Hence I have made a decision to short this pair.
Using my previous analysis: we had to fill the two liquidity pool above:
therefore I am confident enough to take a short and close my previous trade:
We are learning to be confident and strict with our biases here and avoid the situations like the one I will post below:
indecision is dangerous in trading and one should avoid it all cost.
risk management is key!
STOPLOSS AT: 99.134
TAKE PROFIT AT: 95.092
Cadjpysell
CADJPY - Short active ✅Hello traders!
‼️ This is my perspective on CADJPY.
I expect here bearish price action as price raid buy stop liquidity and rejected from bearish order block + institutional big figure 0.98000. We have huge imbalance lower that has to be filled.
‼️Attention!!! Due to the fact that we have a news on USD tomorrow, the analysis can be invalidated.
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CADJPY TOUCHING Its Resisance price is moving near strong resistance where strong chance thats zone will respected and pair will fall down if this structure will valid we wiill see our target near strong support/. Here one thing should be notice price fails to break trend line which may act again and push the price gain to the resistance zone. now at current situation we should wait for proper bearish rejection on resistance zone
CADJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on CADJPY .
Here I am looking for a short position if price takes out buy stop liquidity above equal highs and then rejects from bearish orderblock + institutional big figure 98.000. Also, we can see divergence in formation on H1 timeframe.
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CADJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective of CADJPY .
Here we are bearish from H1 & H4 timeframes perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bearish orderblock.
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CADJPY - Retracement expected ✅Hello traders!
‼️ This is my analysis on CADJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make the retracement to fill imbalances higher and then to reject from bearish orderblock + institutional mid figure 98.500.
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CADJPY: a SHORT TERM BUYHello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the CADJPY pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
CADJPY SHORT from a nice area of resistance IF we get a breakoutHere is another potential trade idea on CADJPY IF we see a breakout from the triangle that is forming. This triangle is forming after a good run to the upside, at a strong resistance level. So, if we see a breakout to the downside, this would be a very attractive trading opportunity, as price may be heading towards a lower low.
CADJPY LONG BUYThe Canadian Dollar vs. the Japanese Yen. When a trader is unsure about trading the US Dollar, the CADJPY is often determined to be a suitable replacement. However, the historically higher yield of the Canadian dollar in the past has made the CADJPY more sensitive to market wide sentiment changes than the USDJPY. Also, Canada’s large amount of energy exports, most notable oil, causes it to be affected by crude oil prices.
CADJPY - Retracement expected ✅Hello traders!
‼️ This is my analysis on CADJPY .
Here we are bearish from daily perspective, so I am looking for shorts. Now I expect price to reject from bullish orderblock and to make a retracement and to open a short position if price rejects from bearish orderblock.
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CADJPY Sell !The pair got pushed down from the 103.412 pivot line and is now also done with the restest ready to move all the way down to its next Target 101.379 !!
The move is further strengthened by 50 and 200 EMAs pointing down on the daily and 4-H timeframe !
My final Traget for the pair is 101.4 !
20 Reason for Sell CADJPY 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Sideways Since 1998
2 📆Monthly: Rejected at upper range level
3 📅Weekly: a clear choice formatted price goes down
4 🕛Daily: Made 2 higher low and lower low clear bear structure
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bear
6: 2 Pattern Candle Chart: Momentum candles /Support breakout M pattern is also completed
7: 3 Volume: High volume inside the trend
8: 4 Momentum UNCONVENTIONAL Rsi: Below 40 super bearish shift range from sideways to bear
9: 5 Volatility measure Bollinger bands: Walking on the band and now start for down 2 2nd wave
10: 6 Strength ADX: the bear is in power
11: 7 Sentiment ROC: clear JPY is weaker than CAD, but this time, JPY are in correction MOOD
✔️ Entry Time Frame: h4
12: Entry TF Structure: bear
13: entry move: move is Corrective
14: Support resistance base: FVG/OB
15: FIB: Wait
☑️ final comments: Sell
16: 💡decision: Short
17: 🚀Entry: 103.515
18: ✋Stop losel:104.548
19: 🎯Take profit:97.263
20: 😊Risk to reward Ratio: 1:6
🕛 Excepted Duration:30
CADJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on CADJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make a retracement and then to reject from bearish orderblock + institutional big figure 108.000.
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