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Cad-jpy

CADJPY: Cyclical Long opportunity.CADJPY has been on a strong 1D Channel Up (RSI = 53.040, MACD = 0.280, Highs/Lows = 0.0000) since August, breaking above the 1W MA50 (blue line) but was eventually rejected near the 1W MA200 (orange line). Looking back on the 1W chart this is a cycle that is repeated since 2006, with Death and Golden Cross formation marking it. At the moment the price is preparing an aggressive rise into a new consolidation zone (green Rectangle). This will most likely be marked by a Golden Cross. Our long term Target Zone is 89.000 - 91.500. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Long
by InvestingScope
CADJPY - FOREX - 04. NOVE. 2019Welcome to our weekly trade setup ( CADJPY )! - 1 HOUR Bullish pullbacks been slowing down end of last week. 4 HOUR Small pullback done, looking for another bearish wave now. DAILY Overall very bearish market with great short entries. - FOREX SETUP BUY CADJPY 1ST ENTRY @ 82.550 2ND ENTRY @ 82.275 (wait for trigger) SL @ 81.800 TP @ 83.370 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (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
Long
by DACapitalTrading
4
CADJPY - FOREX - 01. NOVE. 2019Welcome to our weekly trade setup ( CADJPY )! - 1 HOUR Very bearish market this week! 4 HOUR Slowing down price action at our previous support zone. DAILY Great long entries with high probability turn to the upside shortly. - FOREX SETUP BUY CADJPY 1ST ENTRY @ 82.280 2ND ENTRY @ 82.010 SL @ 81.558 TP @ 83.076 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (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
Long
by DACapitalTrading
15