CADJPY - BUY OPPORTUNITY.Keep on your watchlist for this coming week.
Wait for a confirmation on a lower timeframe.
Cad-jpy
Short Position on CAD/JPYHello trades,
Please push the LIKE & FOLLOW buttons and leave your COMMENT below.
This is my game plan for this pair CADJPY,
If you want to learn more about my strategies and follow my trades please leave me a message on TradingView or Telegram.
Telegram: NirKubaFX
WhatsApp: +972554373836
CADJPY daily analysisLast week, the pair reached values below 74.
Then we saw correction to 78,3.
Along with yesterday's decrease we expect that the correction is ended and will see lower values around 74.20 and 72.95.
Confirmation of the above situation will be break of correction area - look at the chart!
What movement do you expect for CADJPY?
Leave your thoughts in the comments below.
CADJPY - Updated Analysis!Previously I have written about the same idea on this pair. You can check the idea in linked link below. Still the same pattern, Ascending Triangle. But on the previous idea, the triangle pattern failed, it actually broke the trendline line, so the price dropped and touched the nearest support line, then bounced and now forming a new Ascending Triangle pattern. If this pattern succeeds, at least would rise 300 pips , but if it fails again, then re-break the trendline, the price would fall back to the support line, and possibly would turn back up after touching the support line. So that it would form a new pattern, which is Rectangle. Rectangle is a neutral pattern.
CADJPY - Ascending TriangleAscending Triangle is a pattern that signifies the continuation of the trend, when the trend is up. But if it occurs in a trend that is started by a downtrend, this pattern should signal a reversal. We will see!!
CADJPY LONGHello Bunny's, here is my analysis for CADJPY. Let me know in the comment section if you guys have any questions.
If you like my analysis please hit like. Thanks.
CADJPY expecting higher bearish continuation technicaly basedExepcting break of green trend line and higher bearish continuation.
ENTRY: 78.500
TP: 77.800
TP2: 77.200
TP3: 76.500
SL: 79.500
Chart time frame - 1W
Time for reaching TP - 1-2W
Follow, Like, Share or Comment
Thanks on supporting!
All best!
CADJPY BUY off strong support/resistance trendlineCADJPY at a very strong support/resistance trendline. The two hits on the trendline are almost perfect Looking for price to immediately reverse now towards the next key area which is the last high with much more potential to push towards the 38.2 % fib which is also a key area as well.
CADJPY BUY
start: 79.875
stop loss: 79.525
take profit: 81.123
CADJPY NEXT WEEK OUTLOOKPullback to weekly zone pending.
Enter on 4hr time frame price action confirmation.
Use appropriate risk and trade management.
Nube#32CADJPY sell limit@83.525
SL@84.047
TP@84.047
Looking for a retracement of last micro-wave that could give a proper Risk-Reward.
Target might be too far, so if activated, the trade should be watched carefully.
CADJPY SHORT TRADECADJPY rejected with strong bearish movement after reaching supply zone at level 84.55
Price retested broken corrective uptrendline
Pair is below SMA 100 on H1 frame
Price is below HVN at level 83.24 which indicates that pair is in distribution phase
MACD shows weakness in bullish momentum
It's expected to target demand zone at level 81.56 as a classic target of broken uptrendline
CADJPY updatePossible scenario here for a short! Will be looking for a good entry around 83.00/83.10 !
CADCHF SHORT TRADECADCHF rejected from key level at 0.7439
Price broke corrective uptrendline
Pair is based below major downtrendline
Below SMA 100
Price is below HVN at level 0.7469 which indicates that pair is in distribution phase
MACD shows bearish momentum
It's expected for coming bearish wave to target level 0.7250
then continue going down towards level 0.7200
CAD/JPY - ShortWe finally got this third touch of the high daily down trendline! Waiting for the bounce before taking the trade, excited to see what's next for this pair, but if we push lower, this has great potential for a long term trade.
Unfortunately, I missed the big spike on CAD/JPY but capitalised on the week Japanese Yen on other pairs.
If you haven't already noticed, I prefer to swing trade rather than being tagged in and tagged out trying to intraday trade, took me a while to find out that this was how I personally prefer to take trades. I will be posting my Sunday breakdown of a few pairs so look out for them :)
CADJPY Stuck On Resistance
cadjpy has positively reacted on 84.5 resistance.
on 1h we see a lower high formation and a bearish breakout of minor support to the downside.
now the pair is retesting the broken level giving us a perfect opportunity to short.
I will expect the retest of the 84.0 level with potential continuation to 83.7
please, support the idea with like! thank you!
CAD JPY SELL (CANADIAN DOLLAR - JAPANESE YEN)Hi there. Price is forming a reversal pattern to change its formation. Watch strong price action at the current price for sell.
CAD/JPY Break Down - Clear Ascending Wedge Rejection(Meant to say bearish rising wedge in the chart)
The bearish rising wedge broke down but bounced up into the bottom resistance of the wedge
and hit the key resistance of the bearish falling triangle. One should assume a short play here
Use a Tight stop loss, there's potential it can break bullish
CADJPY buy signal op [80pips]
ENTRY: 82.900+-
TP: 83.200
TP2: 83.400
SL: 82.600
Chart time frame - 1D
Time for reaching TP - 1-2D
Follow, Like, Share or Comment
Thanks on supporting!
All best!
CADJPY | Rising Wedge BreakoutPlease support this idea with LIKE if you find it useful.
Reason for a Short Position: Price was rejected by Strong Resistance. Price made a breakout of Rising Wedge
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
