Cad-jpy
CADJPY - Beautiful SHORT Approaching - 1500pip!CADJPY has been adhering to the rules of the different patterns you see in this chart. We are looking for JPY strength soon and CAD weakness which could make this thing drop from the sky. I'm really liking the look of this and will have a clean short set up soon.
See links below as to why we're expecting to short this.
Goodluck and Trade Safe!
CADJPY - Beautiful SHORT Approaching - 1500pip!CADJPY has been adhering to the rules of the different patterns you see in this chart. We are looking for JPY strength soon and CAD weakness which could make this thing drop from the sky. I'm really liking the look of this and will have a clean short set up soon.
See links below as to why we're expecting to short this.
Goodluck and Trade Safe!
CAD/JPY MANUALLY CLOSED BEFORE TP HIT! RECAP WEDNESDAYWe entered CADJPY on Wednesday last week and again this was another trade that we had to be patient with. Eventually we started seeing drawback which we were confident that the trade would continue in a bullish momentum and hit our Take profit level. All though we closed our positions out early and secured a further +30 Pips to recoup the losses we had earlier during the week. with this trade secured we were now up +100 pips for 3 days (including our losses).
CAD/JPY Analysis Welcome back! Please support this idea with a LIKE if you find it useful.
*** CAD/JPY - Potential B-Swing Strategy Set Up. Wait for entry signals in sell zone for a nice short to the downside.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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CADJPY facing bullish pressure Price is taking support on 1st support level, in line with the ascending trendline support, horizontal pullback support, 78.6% fibonacci extension and 38.2% fibonacci retracement. Prices might potentially bounce to 1st resistance , which is a 78.6% fibonacci extension and -27.2% fibonacci retracement. If prices fall through the first support, prices might pullback to 2nd support which coincides with horizontal swing low support, 161.8% fibonacci extension and 38.2% fibonacci retracement. EMA is also below prices, suggesting a bullish pressure on the prices.
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.
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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.
CADJPY is facing bullish pressure, potential upside | 3 Mar 2021Price is facing bullish pressure from our ascending trend line where we could see an upside above this level.
CADJPY is facing bullish pressure, potential upside | 3 Mar 2021Price is facing bullish pressure from our ascending trend line where we could see an upside above this level.
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 .
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.
CADJPYI have a sell position at 84.505 SL above recent high at 85.135
JPY usually get stronger in March because of repatriation of yens for tax purposes. The tax return for 2020 has to be filed between February 16 and March 15.
CADJPY LongsLooking for rejections off one of the fib levels to take CADJPY long towards the fib extention targets
CADJPYI have a sell order at 84.626 SL above recent high at 85.135
JPY usually get stronger in March because of repatriation of yens for tax purposes. The tax return for 2020 has to be filed between February 16 and March 15.
CAD/JPY UPDATE ANALYSIS ( H&S)Good evening peeps , at 1 hour time frame it looks very promising and it's forming a head & shoulder pattern . Do keep a look out and please share your idea about it in the comment below :)
CADJPY - SWING - 22. FEBR. 2021Welcome to our weekly trade setup ( CADJPY )!
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1 HOUR
Very bearish market open!
4 HOUR
Overall turning market structure..expecting more downsite.
DAILY
Expecting prices to push towards previous lows.
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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!)
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Have a great week everyone!
ALAN
CADJPY - Pullback TradeCADJPY on the weekly has broken out of the major descending channel (See below) so right now we can anticipate a pullback back to retest the channel and the ascending trendline. Watch for break of the smaller ascending trendline a form of retest before entering.
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CADJPY - Pullback Trade CADJPY on the weekly has broken out of the major descending channel (See below) so right now we can anticipate a pullback back to retest the channel and the ascending trendline. Watch for break of the smaller ascending trendline a form of retest before entering.
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