CADJPY technical

Posts: 5458 · #46 - August 23, 2020, 09:05:19 PM

Explanation of the daily timeframe: cadjpy daily yesterday formed a bullish pinbar which means we focus on buying Timeframe explanation H4: 80.3xx and 79.8xx are the upper and lower ranges for the break so we will wait in that area Explanation of the M15 timeframe: the direction of the trendline is still up and a V pattern is formed but wait for it to break

Posts: 5458 · #47 - August 25, 2020, 10:58:10 AM

Explanation of the daily timeframe: yesterday's cadjpy candlestick was still a bearish doji and we will follow that direction today
Explanation of the H4 timeframe: today's break range is 80.4xx and 79.9x Explanation of the M15 timeframe: the trendline at m15 is still up wait for the price to return to the trendline

Posts: 5458 · #48 - August 26, 2020, 07:52:23 PM

Cadjpy Explanation of the daily timeframe: This daily candlestick yesterday was strong bullish and we will buy if it is corrected H4 timeframe explanation: our H4 ranging prices are at 80.7x and 80.5x as a reference for daily breakouts Explanation of the M15 timeframe: the direction of the trendline pair is quite clear, but if you can't break the high, focus on selling

Posts: 5458 · #49 - September 01, 2020, 09:51:33 PM

Cadjpy Explanation of the daily timeframe: a small bearish doji formed the daily candle yesterday but the trend is still up H4 timeframe explanation: our reference range for today is 81.4xx and 80.9xx as our SR. Explanation of the M15 timeframe: the direction of the m15 trendline is pointing up and we will focus on going up after the high break

Posts: 5458 · #50 - September 04, 2020, 12:53:10 PM

Cadjpy Explanation of the daily timeframe: yesterday's daily candlestick was bearish in shape with upper and lower shadows Explanation of the H4 timeframe: our mother candle today is 81.xx and 80.xx, wait for a break high Explanation of the M15 timeframe: the m15 trendline is still pointing up and we will buy when it breaks high

Posts: 5458 · #51 - September 08, 2020, 10:53:06 PM

Cadjpy Explanation of the daily timeframe: bearish marubozu is a form of yesterday's daily timeframe so it is clear that we will just focus on selling Explanation of the H4 timeframe: the mother candle we can focus on for today is 80.xx and 79.xx Explanation of the M15 timeframe: in plain view we see that the trend is still down so just focus on selling in the trendline area

Posts: 5458 · #52 - September 10, 2020, 01:25:17 PM

Cadjpy Explanation of the daily timeframe: for yesterday's daily candlestick was bullish engulfing, just follow the open buy for today Timeframe explanation H4: the mother candle for today is 80.7xx and 80.4xx and as an upward climb we are today Explanation of the M15 timeframe: if it has broken high on H4 we will wait for a correction in the m15 trendline area

Posts: 5458 · #53 - September 11, 2020, 02:23:29 AM

Cadjpy Explanation of the daily timeframe: yesterday's daily candlestick was half bearish enough as a sell signal now Explanation of the H4 timeframe: the H4 mother candle is now at 80.6xx and 80.3xx we will buy if it breaks low Explanation of the M15 timeframe: trendline m15 still supports the decline and to strengthen our open position, we will wait for a pullback

Posts: 5458 · #54 - September 14, 2020, 11:03:07 AM

Cadjpy Explanation of the daily timeframe: a bullish doji is a form of yesterday's timeframe and we will be ready to buy if it breaks at H4 Timeframe explanation H4: Our mother candle today is 80.4xx and 80.2xx and don't buy break high just yet Explanation of the M15 timeframe: the direction of the trendline is still clearly up and don't ever open buy first

Posts: 5458 · #55 - October 05, 2020, 08:07:20 AM

Cadjpy Explanation of the daily timeframe: small bearish is a form of yesterday's candle and has indeed become a benchmark for rising prices because it is still an uptrend Explanation of the H4 timeframe: we will focus on buying if we break high in the area of 79.5x and 79.1x and must be a body Explanation of the M15 timeframe: for conditions the M15 trendline is still uptrend, wait for the correction to return then buy

Posts: 5458 · #56 - October 07, 2020, 03:49:37 AM

Cadjpy Explanation of the daily timeframe: small bearish is the form of this pair yesterday and our task is to follow sell Explanation of the H4 timeframe: the mother candle breakout for today is at 79.3 and 79.1, wait for a break low first Explanation of the M15 timeframe: tf m15 currently looks good because the charts are decreasing and balanced so just focus on selling

Posts: 5458 · #57 - December 01, 2020, 12:23:50 AM

Cadjpy Daily timeframe explanation: small bullish candle formed yesterday where the upward continuation is still strong Explanation of the H4 timeframe: for today's candle range 80.4 and 80.1 and we will focus if we break high Explanation of the M15 timeframe: for the M15 trend itself is still strong to go up and we are just waiting for the correction