CADJPY 2H (12/04/2021)HI
WAIT FOR THE TEST AREA
open position : ?
take profit : ?
S/L : ?
Best Regards.
Cadjpyanalysis
CADJPY Bearish ContinuationCAD JPY continuing his bearish movement. After Marubozu Candle break base area and close under base area. Seems Bearish power on CAD JPY become stronger and get ready to touching the next level of support, whiches it's targeted at 87.171. Also there's cluster area between SNR, 1.618 external retrachment fibonacci golden ratio, and 1.618 harmonic price rejection golden ratio.
CADJPY Trade Ideas Trade Plan One
1) Short from current price i.e. 88.98
2) Stop Loss: 89.30
3) Take Profit 1: 88.75
4) Take Profit 2: 88.5
5) Take Profit 3: 88.2
Trade Plan Two
1) Long when candle closes above 89.4
2) Stop Loss: 89.2
3) Take Profit : 89.7
CADJPY Short Analysis Hey traders, here is the analysis for the CADJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
CADJPY Short Analysis Hey traders, here is the analysis for the CADJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
cadjpycadjpy is still running over + 460 pip 🥳✅🥳✅ and we are close to hit tb
I hope you all have a brilliant weekend
Stay safe ✌️
🥳✅
CADJPY SELL SETPrice broke out of the weekly trendline though forming rising wedge and three touches which signaled that I had to short and will do so using my 90% rule
CADJPY RUNNING MASSIVELY IN PROFIT Swing trading is what i think everyone should master, it can never be taught in a course except one on one, i am grateful to everyone that have been faithful to my channel and took this trade with me, patience and goodluck are very close, if you want goodluck the true question will be how much patience do you have? 23 days of massive swing trading and all i can say is i am grateful to the universe for the knowledge and the people currently around me, will be looking forward to smashing targets today.
Have a blissful weekend y'all.
CADJPY short opportunity5pips SL room.
15min OB remains untouched.
CP sell setup found below but seems not fully cleared the demand zones yet.
Good RRR.
CADJPYTF: H1
Details on chart:
as you guys can see, price is going back to the support level which is 0.618 level,price is going to this level for a possible short trade
recommendation: wait for third touch of TL
CADJPY Short Analysis Hey traders, here is the analysis for the CADJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
CADJPY- SHORT We have a clear bearish trend and it will continue till 89.00 in my view therefore price may react to our area as if it goes above the previous high then it will invalidated the setup. Please wait for a clear conformation before jumping into taking trade.
CADJPY LONG - Buy Entry - H4 ChartCADJPY LONG - Buy Entry - H4 Chart
Symbol: CADJPY
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Stop Loss: 90.275
Take Profit: 91.597
🔺 DISCLAIMER
🔺 For educational informational purposes only.
🔺 Analysis may change at any time without notice.
🔺 You must research and create your own trading plan.
CADJPYCADJPY: Bearish Sentiment
As you guys can see the trendline and Resistance level,
I hope it wil drop from next rejection of resistance level
CADJPY Bearish possible target 89.30#cadjpy, weekly char forming lower low and lower high, high supply zone between 92.10-30. use 0.5% risk cmp, use remaining 0.5% pending sell limit order by 92.05-10. stop loss 92.60 while target 89.30.
CAD/JPY 4HR CHART BUY SET UPHi everyone this is my trade set up for the CAD/JPY for the new week ahead
CAD/JPY i am expecting a pullback to the order block zones and will be looking for a BUY trade
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
CadJpy- Be careful with short tradesUndoubtedly, the trend for CadJpy is bullish and, the drop from above 93 is just a correction in my opinion, with overlapping tops and bottoms(also looks like a flag).
The pair found some kind of support around 90.50 and now is consolidating.
Although I don't rule out a spike under 90, I will consider this a good opportunity to buy in anticipation of a reversal.
Also CadJpy above 91.50 can be considered a buy signal
cadjpyCADJPY - Short
Why are we entering?
- Price broke the ascending trendline = bearish
- Expecting further CAD weakness & JPY strength after a short retracement period = CADJPY SHORT
What are we waiting for to happen?
- Waiting for the next pullback so we can draw WFB
What is our confirmation?
- rejection of structure and EMA
- Waiting to draw WFB
Entry
Safe Entry: Rejection of structure and then WFB once correction appears
Risk Entry 1: Rejection of structure and Fib
Once entered, where will our Stoploss be?
- above the rejected price
Where do we take profits?
- First TP: 89.3
- Second TP: 88
- Third TP: 86
CADJPY SHORTCADJPY is in the beginning of the bigger bearish impulse and therefore there are two areas where price may react or reject from the region, first one is 90.97 and the other is 91.20 lets wait and see, how price react at these areas.
CADJPY ANALYSIS AND TRADE IDEA - SELL TO BUYHello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/
On the Monthly we are bullish with an ICI to the upside which the market is currently retesting the previous resistance turns support once we see a close above the support we can see a continuation to the upside.
Dropping down on the Weekly we have an over extended W formation where we can see a retracement to the neckline or the wick of the candle, we will base our take profit for this weekly trade on the impulse.
On the Daily we are also testing previous resistance turns resistance due to the closed below the structure, EMAs are about to cut for short though MACD still is above the 0.
Trade Signals
SELL
Entry: 90.832
Take Profit: 87.880 (295 pips)
Stop Loss: 91.775 (94 pips)
=====================
BUY
Entry: 87.906
Take Profit: 95.263 (735 pips)
Stop Loss: 86.755 (115 pips)
Good luck!
Trade wisely, please do proper money management.
~FX_SHIFTER
