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Cad-jpy

CADJPY Holds Below 81.4 ResistanceAnchored notes on chart outline key details. If this level holds, there's a good R-multiple trade here. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
Short
by FinancialGamblR
POTENTIAL SELL ON CADJPY??Hey traders, I hope you have had a great start to the week. As you can see from my chart, CADJPY had broken and closed below the support trend line (A) of the bearish flag. Price had created a support level (B) below this trend line and is being respected as of now, if this support level (B) is broken we can expect CADJPY to continue to drop further. If you find this idea helpful... Leave a like as it is much appreciated👍 Follow for future ideas❤ Comment below on what you think🗨
by fxpays
13
Cadjpy if continues to weakenLooking at a flag breakdown to short on cadjpy. Let's see how things play out. As long as this pattern continues between 1.76-1.79, no clear direction it is to just trade the range on h4 and lower TF. If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Short
by Shadowing_The_Big_Boys
The CAD/JPY surrenders to the stability of the resistance The CADJPY pair attempted to form some correctional bullish trades recently, while the stability of 81.05 resistance blocks the bullish attempts and reinforces the chances of renewing the negative attempts. Note that it is important to gather the additional negative momentum to manage to crawl below 80.50 level and open the way to record the main negative targets by reaching 80.05 and 79.60 levels. With Risk Management you will Never loss. thank you
Short
by Ridethemacro
💡 Don't miss the great sell opportunity in CADJPYTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (81.45). 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 35. Take Profits: TP1= @ 80.90 TP2= @ 80.46 TP3= @ 79.81 TP4= @ 79.21 TP5= @ 78.35 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
18
💡 Don't miss the great sell opportunity in CADJPYTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (81.45). 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 35. Take Profits: TP1= @ 80.90 TP2= @ 80.46 TP3= @ 79.81 TP4= @ 79.21 TP5= @ 78.35 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
15
CADJPY TP HIT😍🎁🎉Take profit was hit after a nice break of the support trend line on 4h TF. The past week and today, CADJPY has made me some decent profit. We had a nice Head & Shoulder indicating a reversal which went to plan, I took a sell position from the 3rd touch of the trend line resistance on the right shoulder, along with this, we seen 2 bearish flags formed also showed more bearish momentum. This may be my last trade of the the week as we are coming up to Christmas, this will all depend on NZDCHF breaking the neckline of the Head & Shoulder on the 4H time frame, this will be shown in my "related ideas" below which you can check out. If you check all my published ideas, you will see that majority of my ideas were profitable so it would be much appreciated if you followed for future trade set ups. If this is my last trade of the year, I wish you all a Merry Christmas and good luck on your upcoming trades.❤
by fxpays
4
POTENTIAL SELL ON CADJPY!!Hey guys, On my last CADJPY idea, I had stated that we was seeing a Head and Shoulders pattern, this pattern was respected by market price and reversed and broke the neckline to the downside with strong bearish momentum just as I expected. Along with this, we also seen bearish flags indicating more moves to the downside showing bearish pressure. Right now we can see that market price has broken trendline support and we MAY see market price continue to the downside. Head and Shoulders: It is formed by a peak (shoulder), followed by a higher peak (head), and then another lower peak (shoulder). A “neckline” is drawn by connecting the lowest points of the two troughs. The slope of this line can either be up or down. Typically, when the slope is down, it produces a more reliable signal. Bearish flag: A bear flag is a bearish chart pattern that’s formed by two declines separated by a brief consolidating retracement period. The flagpole forms on an almost vertical panic price drop as buyers get blindsided from the sellers, then a bounce that has parallel upper and lower trendlines, which form the flag. During the consolidation, traders should be prepared to take action should price break down through the lower range level and/or make a new low as this indicates the bears are in control again to force another sell-off. When the lower trendline breaks, it triggers panic sellers as the downtrend resumes another leg down If you find this idea helpful... Please feel free to like👍 Follow us for more ideas💙 Drop a comment below on what you think🗨 Good luck on your trades and Merry Christmas🎁
Short
by fxpays
UPDATE ON CADJPY!! (H&S NOW VISABLE)Hey traders, If you see my CADJPY idea on my page I had stated that we may be seeing a potential Head & Shoulders pattern forming. Its been over 24 hours and the Head & Shoulders is now visible. Right now its a waiting game to see where price moves to next, I have set an alert at the neckline to make sure I don't miss the trade if price respects this pattern. In trading one of the most important aspects of trading is having patience, this is one aspect of trading that majority of traders don't have, so I suggest setting an alert just below the neckline and wait it out to see if we do get a potential selling opportunity. AS ALWYAS IF YOU WISH TO USE THIS IDEA PLEASE ENTER AT YOUR OWN RISK! PLEASE LIKE AND FOLLOW AS IT IS MUCH APPRECIATED! STAY SAFE AND HAPPY TRADING.
Short
by fxpays
8
CADJPPY possible scenarios 🦐CADJPY is trading within a range and attempt to break the 81.900 level without success. The price is moving on an ascending trendline and will probably look for a retest of the weekly support at the 81. level. IF the price will break below the support area we will set a nice short order according to Plancton's strategy. --–– 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. Leave a comment that is helpful or encouraging. Let's master the markets together.
Short
by InkyGrip
10