CADJPY 4HR PRICE-ACTION SHORT!Note: Idea is to complement your research.
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Cadjpyanalysis
CADJPY 4H Short on Double Top DivergenceCADJPY 4H Short opportunity as the prices are moving corrective on 1H which shows no intent at the moment for the buyers to push prices higher. Mean while it is a all time frame counter trend trade and have to make sure the Risk amount should be 0.5% of your equity.
Risk Management should be fully implemented while taking short positions on this setup.
Stop Loss should be 20 Pips above the swing highs.
++ cad/jpy short idea ++TP - 84.421
ANALYSIS - Possible Double on 15 minute chart. Top around 89.14. Expanding Pattern within Expanding Pattern followed by Double Top on the Weekly Chart as well.
CADJPY BEARISH FORMATIONAs we can see
cadjpy had strong bullish because he just breakout resistance (before)
and now we can see the possibility is he making some pattern reversal
we just waiting on the resistance area , and find some confirmation to IN (short)
if u guys have any idea u can comment below
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.
CADJPYHello fellow traders, if you like the idea, do not forget to support with a like and follow.
DISCLAIMER
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Forex trading and trading in other leveraged products involve a significant level of risk and are not suitable for all investors.
THIS IS NOT IN ANYWAY AN INVESTMENT ADVICE! DO YOUR OWN DUE DILIGENCE BEFORE TAKING ANY TRADE.
CAD/JPY New Short Setup After Daily Closure To Catch 250 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CADJPY Trading IdeaG'day Guys
Next let's analyse this CADJPY.
In weekly perspective, this pair forming HL after breaking downtrend journey. In additional of good fundamental from CAD.
In hourly perspective, this pair forming a correction which is to gain more momentum before continue journey. As human behavior really affecting market movement, am expecting today price will be creating downside movement.
Let's see what happen next on this pair.
Cheers.
CADJPY SHORTAm looking to go short on CADJPY, CADJPY has been on a steady uptrend breaking all key levels and now finally after a big rally up price is now sitting on my institutional level with good price action showing that price is ready to make a pause and make a retracement..
CADJPY is in Bullish Modethe market has broken its resistance line strongly and still going up as JPY is weak as compared to CAD.
CADJPY: Trade idea.Looking for a BRT (break and retest) here. Watch and wait for bullish price action at the support level. Always enter after confirmations of bullish price action. A bullish engulfer, an evening star, a hammer, a full bodied bullish candle that breaks minor resistance, etc.
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CADJPY Reaching A Level of Resistance!!!As we see a strong BULLISH movement upward, price is reaching closer to a 461.8% fib movement. Also, there is a strong resistance level @88.86 price level where I expect some BEARISH pressure on this pair. We could be eyeing for a potential short position from there towards 361.8%. If the BULLISH strength remains, we should see a rejection there, brining price to a higher level. However, I am anticipating a larger retracement as of now. With that, I see price potentially heading towards a strong support @84.94, also where we might see a rejection from the cloud. Definitely, if price continue breaking out of the cloud, our BEARISH bias will still stand. For that, I will update when price heads closer to that level. As of now, I see a short opportunity till 361.8% fib level and possibly support level @84.94.
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CADJPY AnalysisHello friends.
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Everything on the chart.
targets: 87.35 - 86.7 - 85.9
after first target reached move ur stop to breakeven
stop:~88.4 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4.5
risk is justified
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CADJPY BUY - Elliott Wave CountCADJPY has perfectly corrected wave (iv) to 23.6% Fibonacci. We can now expect a bullish move on CADJPY to wave (v) of (3).
I highly recommend you to check previous CADJPY forecasts below.
CADJPY: WHERE IS THE NEXT MOVE ?Here is my idea for CADJPY .
Index JPY will grow soon.
For guidance, find the Index Japan Below on my related post.
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Cad/Jpy Avoid this pair right nowWe will now do a slightly different analysis. Pair like currently cad/jpy not very appreciative of trading. For the simple reason that the analyzes on different timeframes do not match. If we are going to look at a larger timeframe, this pair should go to a minimum of 85,500 areas. If we look at the smaller timeframe, this pair definitely goes long. So our advice is, avoid this pair right now.
CADJPY Long 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 long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
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