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Cad-jpy

CADJPY for new recent highs? 🦐CADJPY is moving inside an ascending channel. The market is now consolidating below a minor resistance nearby the recent highs. According to Plancton's strategy, if the price will break above, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
10
CADJPY facing bullish pressure CADJPY is currently taking support from an ascending trendline. Price could pullback to 1st support which coincides with the 61.8% Fibonacci retracement before bouncing up to 1st resistance which coincides with the 100% Fibonacci extension . If prices fall further below our entry, then our stop loss can be placed just at the trend line where it coincides with the horizontal swing low support and the 61.8% Fibonacci extension . EMA is also below the prices, suggesting that price might be bullish and react off the EMA .
Long
by FXCM
4
CADJPY facing bullish pressure CADJPY is currently taking support from an ascending trendline. Price could pullback to 1st support which coincides with the 61.8% Fibonacci retracement before bouncing up to 1st resistance which coincides with the 100% Fibonacci extension. If prices fall further below our entry, then our stop loss can be placed just at the trend line where it coincides with the horizontal swing low support and the 61.8% Fibonacci extension. EMA is also below the prices, suggesting that price might be bullish and react off the EMA.
Long
by FXCM
6
CADJPY - SWING - 22. FEBR. 2021Welcome to our weekly trade setup ( CADJPY )! - 1 HOUR Very bearish market open! 4 HOUR Overall turning market structure..expecting more downsite. DAILY Expecting prices to push towards previous lows. - FOREX SWING SELL CADJPY ENTRY LEVEL @ 83.380 SL @ 83.800 TP @ 82.800 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
43
CADJPY will retest the support? 🦐CADJPY after our last analysis broke the range and created an impulse untile the 83.700 level over a daily structure. The price is close to the upper trendline of the channel and according to Plancton's strategy, if the market will retest the support and give us a sign of inversion we can set a nice long position. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
8
💡 Don't miss the great sell opportunity in CADJPYTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (83.55). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADJPY is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Take Profits: TP1= @ 83.10 TP2= @ 82.70 TP3= @ 82.30 TP4= @ 81.70 TP5= @ 81.00 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
16
CADJPY: SELL We see major potential for SELLS on CADJPY, however, do keep in mind that we expect this pair to also be quite Bullish into next month or April 2021. Drawing out two scenarios on our analysis here: we are hoping for Scenario 1 this week (but we will see). If you would like to enter a SELL at 84.551 , expect to exit (TP) around 81.543 (which was a previous level of support). However, this pair may move within that range drawn out in Scenario 2. So keep an eye on this one.
Short
by cupofconfidence