CADJPY approaching resistance, look out for potential reversal!CADJPY is approaching its resistance at 81.773 where it is could reverse down to its support at 81.085.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Cadjpybuy
CADJPY Latest Technical AnalysisWe are doing Analysis of CADJPY on 1 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
CADJPY is Now Start Rallying UptrendWe can see that the latest candlestick formation was the bullish engulfing. I expected that the period of retracement was over by confirming that the price already break the minor trendline and also the latest SnR that had been drawn in the chart. So, the signal of buy is there and price will be ride with the big trend (Uptrend). Hope we all may gain certain profit. I will swing this pair until there is a significant trend changing.
CADJPY Latest Technical AnalysisWe are doing Analysis of CADJPY on 1 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
CADPY - NEXT MOVES - TAKE NOTEFREE ANALYSIS ON CADJPY. Possible bearish move about to unfold. Thou i am expecting this to move up a bit before the move down starts
.
Word of the day:
It is during our darkest moments that we must focus to see the light. ~ Aristotle Onassis
Please share your thoughts and views on my analysis and don't forget to like it and share with others.
CADJPY - SWING - 13. MAY. 2019WELCOME TO DACAPITAL-TRADING!
CADJPY FOREX BREAKDOWN 13 MAY 2019
1 HOUR
Strong bearish price movement towards previous support zone
4 HOUR
Good reaction towards previous support, expecting some bullish pressure now!
DAILY
Bearish market needs to turn now.
SWING SETUP
BUY CADJPY
ENTRY @ 81.650
SL @ 81.080
TP @ 83.160
RR: 2.65
(Use normal Risk!)
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
CADJPY - SWING - 06. MAY. 2019WELCOME TO DACAPITAL-TRADING!
CADJPY FOREX BREAKDOWN 06 MAY 2019
1 HOUR
Bearish Gap and price open, we need a pullback to the upside now!
4 HOUR
Moving around strong support level and zone!
DAILY
Market need to take out short holders before moving further down! Good long entrys now..
SWING SETUP
BUY CADJPY
ENTRY @ 82.280
SL @ 81.950
TP @ 83.300
RR: 3.05
(Use normal Risk!)
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
CAD/JPY SETUP Sell & BuyChart is an expectation of market setup via harmonics. Also good to observe that market formed a double top between A and C which is considered a sell signal.
Market already selling from/on target C. You can join the sell to D as there still money to be made.
There may be some retracement up before market gets to D. This will be good for entry to D;
* Chose your entry point wisely via indicators, etc.
* Note - Sell TP2 at target D in pattern.
If market hits target D then;
* buy breakout to upside.
* Note - TP1 on buy = TP1 on sell
Considerations on where to collect profit;
* Pattern completion can sometimes be annulled after TP1 of sell from target C.
* Pattern D breakout can sometimes finish its run at TP1.
DISCLAIMER;
Trading carries risks, ideas are for guideline purposes only.
Do set stop losses when trading & be generous with how much room allow for candle wicks.
There is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
* Do check related ideas below for those I've guided.