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Cad-jpy

Don't miss the great sell opportunity in CADJPYTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (77.05). 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 43. Take Profits: TP1= @ 76.41 TP2= @ 75.70 TP3= @ 74.79 SL: Break Above R2
Short
by ForecastCity
32
Don't miss the great sell opportunity in CADJPYTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (77.05). 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 43. Take Profits: TP1= @ 76.41 TP2= @ 75.70 TP3= @ 74.79 SL: Break Above R2
Short
by ForecastCity
39
Don't miss the great buy opportunity in CADJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (76.0). 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 uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. Take Profits: TP1= @ 76.95 TP2= @ 77.95 TP3= @ 79.10 SL= Break below S2
Long
by ForecastCity
16
Don't miss the great buy opportunity in CADJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (76.0). 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 uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. Take Profits: TP1= @ 76.95 TP2= @ 77.95 TP3= @ 79.10 SL= Break below S2
Long
by ForecastCity
22
Bump and run reversalThis thing corresponds to textbook bump and run reversal chart pattern. We are in heavy bearish zone, below yearly floor. Kumo cloud is thick, daily kijun has bearish slope. We had 30 percent lead in phase A line, 46 degrees B line. Now it should be a minor pullback. Major pullback will be after breaking A line. After the big pullback we should have nearly vertical run phase. DM projections confirm the pattern. Stop above bearish engulfing. The previous failed breakdown candle with long shadow is of some concern of course. But bears are strong by holding to the front line (time factor). Because of that I would enter with a breakdown candle on 1-2 hrs (it should not have any long rejection shadow). Pre breakdown candle should be green. For educational purposes only.
Short
by ICFX
SELL ON CADJPYHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the price is currently in descending channel. One can go for a sell trade. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us. Ryan.R..Lopes
Short
by Ryan_lopes