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Cad-jpy

💡 CADJPY . Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support 77.60, beginning of uptrend is expected. We make sure when the resistance at 81.75 breaks. If the support at 77.60 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. A trough is formed in daily chart at 79.21 on 11/23/2020, so more gains maximum to Major Resistance (81.75) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 66. ❤️ 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
by ForecastCity
14
💡 CADJPY . Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support 77.60, beginning of uptrend is expected. We make sure when the resistance at 81.75 breaks. If the support at 77.60 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. A trough is formed in daily chart at 79.21 on 11/23/2020, so more gains maximum to Major Resistance (81.75) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 66. ❤️ 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
by ForecastCity
16
CADJPY BUY RUNNING +1.5% 📈Nice steady buy here on CADJPY- REMOVE THE NOISE- TRADE THE TREND LIKE ME What is our strategy? Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too!
by congibb
Uptrend in CADJPYWe are currently in a very good looking uptrend that is gathering strength to continue. The last part of this trend starts from the middle of the previous month. Current levels are important, where the price meets resistance from the daily chart. However, it seems that there will be strength to break and reach the following resistances: 81.85 82.05 82.27 You can enter now or wait for it to break. In both cases, the idea is fail by breaking the previous bottom. If you have questions about how to trade this or another situation, contact us! To support us, like and comment! comments!
Long
by ForexTrendline
1
CADJPY - SWING - 30. NOVE. 2020Welcome to our weekly trade setup ( CADJPY )! - 1 HOUR Bullish takeout, expecting a turnaround shortly.. 4 HOUR Price too high imo, great short entries! DAILY Overall Sideways moving market structure, looking for another push to the downside. - FOREX SWING SELL CADJPY ENTRY LEVEL @ 80.230 SL @ 80.420 TP @ 79.380 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
11
CADJPY looking for the 0.786 🦐CADJPY after the attempt to break above the weekly resistance structure at the 81 area created a descending leg. The price bounces over the 0.618 fib retracement at 79.650 before moving to the 0.786 level at the daily support. IF the price will bounce over the 79 area and give us a sign of inversion we will set a nice long order according to Plancotnbs' 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.
by InkyGrip
4
CADJPY bounces over the 0.618 🦐CADJPY on the daily chart is close to a weekly resistance. The price after an attempt to break above retraced until the 0.618 fib level and now testing the 0.5. IF the price will break and close above the structure at the 80 level we can set a nice long 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.
Long
by InkyGrip