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Cadjpyanalysis

CADJPY, 4hr tf, double top pattern in play Previously i managed to took profits on this pair for +105 pips when i first call to sell it on Tuesday. It is now retracing back up on a nice point to enter sell again after yesterday BoC meeting. As you can see there is a double top pattern in play and we might see another drop soon on this pair as risk off sentiment and oil price on the verge off dropping. Sell CADJPY 86.40 Stop loss 87.00 Take profit 84.40 (3.3R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
CAD/JPY BUY IDEAHey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you. As always we will have to waot for a confirmation! CAD/JPY: Day-Swingtrade-Preparation Yesterday we`ve seen the first step towards a tighter monetary policy when the Bank of Canada announced it will lower its quantative easing and so the liquidity they provide to the market as the economy improved way better than expected. Additionally, there were hints about upcoming rate-hikes, which is why the Canadian Dollar pumped very hard. Market-Buy: 86.590 Stop-Loss: 86.100 Point of Risk-Reduction: 87.115 Take-Profit: 88.130 Stop-Loss: 49 pips Risk: 0,5% -1% Risk-Reward: 3,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Long
by Trading2ez
4
CADJPY, 4hr tf, more downside expected on wave-CAs you can see we're on ABC correction after completing all 5 waves. The B is a triangle and we might see another 5 smaller waves to the downside. You could also see that pattern as descending triangle or bearish flag, it is up to you how you see it but it should be clear as bearish continuation pattern. Wait for price retrace around 86.70-75 before entering sell. Sell CADJPY 86.75 Stop loss 87.15 Take profit 85.05 (4.25R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
CADJPY SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair. Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity CADJPY . I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗
Short
by BULLSS1993
4