Jhibi

Jhibi

My analysis for CADJPY expect that price will move down to take liquidity at Point A. Following this liquidity grab, I will be looking for confirmation signals of bullish momentum. If confirmed, the first profit target would be within the Fair Value Gap (FVG) at Point B, second profit target would be the liquidity level at Point C.

Jhibi

We have high opportunity for bullish because of: -We have Bat harmonic pattern. -Have a downtrade channel which broken before touch lower side. -The price bounced back from liquidity area.

Jhibi

We have head and shuolders happened on daily trend. After breaking the neck of the pattern, start strong bullish. Also, we have a downtrend, and it will break it because the same trend on RSI was broken

Jhibi

*We have head & shoulders pattern on 4H *price rejected from resistance then rebounded from 1H FVG Enter after breaking 1H trend, and then re enter after retest pattern neck

Jhibi

It Brok daily trend line and retest it also EMA 50 crossing EMA200

Jhibi

WE have a double bottoms pattern, we will wait to break the neck line. Also the RSI brook the HH

Jhibi

It's in rounding bottom and broke downtrend channel

Jhibi

Generally it in Bearish downtrend: 1-Broked daily trend 2-Broked triangle pattern 3-Having a daily liquidity should be taken Profit 0.92129 Stop loss 0.93920

Jhibi

In general the price in uptrend, in short time it will correction to 1.7932 which is OB then retracement because it rebound two times from current resistance and didn't brook previous high. Yo can sell from current price and stop loss 1.80879 Keep on mind if hit stop loss and then return and close under resistance sell it again with same stop loss.

Jhibi

My 2 reasons: -Dubell bottoms (butterfly patterns) - Brook the downtrade channal befor touch the lowe channal side it's mean the power for buyers

Jhibi

My 3 reasons to expect bearish: -Tweezer top pattern on daily which is strong pattern, -It's rebound from OB area also on daily -It's rebound from previous resistance Technically all condition is available to support bearish but the dollar index is still bullish. If index not close over 103.36 this will support my idea.

Jhibi

USDCHF pullback to 1H order block to continuing upward after consolidation , target next resistance. Also RSI support upward because it above 70

Jhibi

EURUSD in retracement mode to FVG to start bearish to daily order block to complete harmonic pattern .

Jhibi

My 4 reasons for the Idea : 1- The price already in uptrend 2- Bounced from strong support area 3- Create double bottom pattern 4- On 4H there was a liquidity that should be take, so the price should revisit that area

Jhibi

My 4 reasons (Always are 3 but today 4): 1- It's in uptrend 2- Return from strong support area wich was a strong resistance 3-return from Order block 4-Previous liquidity should take it

Jhibi

My Reasons to confirm this: -RSI trend 4H brooked and retest so the inner trend of the price will brook soon . -Price rejected 4 time from resistance -We are in bullish channel which already price rejected from it's upper level.

Jhibi Updated 

Reasons of Idea: CADCHF bullish -It broke the trend, retested it and move up, -Triple bottom -The RSI not touch level 70, so it's not on oversold. After get profit will monitor RSI if it broke level 70 we can expect profit 2

Jhibi

It's in bullish mode because: -Brook down trend -Liquidity taken -Dos not touch the lower channel line