CADJPY analisys

Posts: 19944 · #151 - June 10, 2025, 01:20:45 PM

CADJPY Analysis, June 10, 2025
CADJPY on the M15 time frame The zone highlighted in bright green is the price consolidation area, where the tug-of-war between buyers and sellers occurs. In this zone, the candlesticks that are formed show signals of market doubt. We can see several candlesticks with small bodies and long wicks in both directions, indicating uncertainty in direction and decreasing transaction volume. However, the most interesting is the candlestick that is formed outside the right side of the green zone, which is accompanied by a red arrow pointing down. We can try to sell now with our stop loss placed at a price of 105.75 with no profit at a price of 105.38

Posts: 19944 · #152 - June 13, 2025, 05:29:15 AM

CADJPY Analysis, June 13, 2025
CADJPY on the M15 time frame The price action that occurred also strongly supports the bearish narrative. The price increase back towards the resistance zone occurred slowly and less aggressively. This shows that buyers do not have great power in controlling the market. In price action, a weak increase like this after a sharp decline usually indicates that buyers are only taking short-term buying action or profit taking, not a trend reversal. Prices approaching this resistance zone are likely to face selling pressure again from market players who see this area as an ideal place to re-enter a sell position in line with the trend. Currently the price is touching the supply area and we can try to sell directly with a stop loss placed at a price of 105.65 and take profit at a price of 104.95

Posts: 19944 · #153 - June 18, 2025, 10:50:15 AM

CADJPY Analysis June 18, 2025
CADJPY on the M15 time frame, the current price is in a pullback phase to the resistance area. If the price manages to re-enter the green zone and forms a reversal candlestick pattern such as a bearish engulfing, shooting star, or pin bar, then it is a strong signal for a sell entry. Candlestick confirmation is very important because it will show that selling pressure is still active in the area. We can sell in the green area that I marked with a stop loss placed at a price of 106.62 and take profit at a price of 105.99

#154 - **Today** at 09:53:50 PM

Posts: 19944 · #154 - July 03, 2025, 10:51:38 AM

CADJPY Analysis, July 03, 2025
CADJPY on the M15 time frame The current price has moved quite far above the Moving Average line which has changed direction to flat to slightly up. MA in this case acts as dynamic support. The price movement follows an impulsive upward pattern then a small retracement, then continues impulsive again. This is a characteristic of price action in a healthy trend. We can try to buy now with our stop loss placed at a price of 105.63 and take profit at a price of 106.03

Posts: 19944 · #155 - August 04, 2025, 06:22:04 AM

CADJPY Analysis, August 4, 2025
CADJPY on the M15 chart: The sharp decline from the supply zone was preceded by a long, firm and dominant bearish candlestick. This candlestick formed a bearish marubozu, or at least approached one due to the minimal shadows, indicating significant selling pressure from institutional market participants. This candlestick is a strong reversal signal and the beginning of the next downtrend. Based on the technical conditions, wait for the price to rise to the supply zone (around 108.30 ? 108.60), then sell with a target of 107.00 and a stop-loss order of 108.70.

Posts: 19944 · #156 - August 06, 2025, 09:57:44 AM

CADJPY analysis, August 6, 2025
The CADJPY breakout on the M15 timeframe, which occurred after consolidation, is an important signal that buyers are dominant. This breakout is not only evident from the position of the candlestick that penetrated the resistance area, but also from the candlestick's relatively large shape with a solid body, indicating market confidence in the upward direction. After the breakout, the price then formed a small correction or pullback towards the area that previously served as resistance, which now functions as support. We can try to buy now with a stop-loss at 107.13 and a take-profit at 107.48.

Posts: 19944 · #157 - August 15, 2025, 11:20:31 AM

CADJPY Analysis, August 15, 2025
On the M15 timeframe, CADJPY's decline began with successive lower highs and lower lows, a characteristic of a bearish trend. Despite a brief, sharp rise, the price corrected again and formed a consolidation pattern below the moving average. Currently, the price is moving upwards towards the green area, which appears to be a resistance or supply zone. This zone is crucial because it is likely to be the site of price rejection, given that the main trend is still down. We can try to sell now with a stop-loss at 106.82 and a take-price at 106.29.

Posts: 19944 · #158 - August 20, 2025, 11:09:05 AM

CADJPY Analysis, August 20, 2025
The latest movement of CADJPY on the M15 timeframe indicates an attempted upward rebound, which was then halted when it touched the green zone. The candlestick that formed after touching this area indicates weakening upward momentum, indicating that buyers are starting to lose steam. This situation is usually followed by a return of seller dominance, increasing the potential for a price decline. Furthermore, given the current downtrend, the green zone is likely the starting point for further declines. We can try selling now with a stop-loss at 106.48 and a take-profit at 106.08.