CADJPY - catch the drop downthis pair has been taking its time recently but i can see another sell impulse pumping. catch it before its too late.
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Cadjpyforecast
Possible Short for CADJPYPossible short position for CADJPY. Price is moving below 200 and 50 EMA indicating a short bias. Price has also hit trend line resistance for the third time validating the trade and also has broken a local support zone meaning it could go down and push towards the next support. Small stop loss of 30 pips with around 130 pips for take profit. FX:CADJPY
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.
CAD/JPY: Buy After Breakout !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
CADJPY In Selling ZoneCadjpy Is near to trend line support+ 200 Days EMA and near to important support. Risk Reward Ration is 1:1
CAD/JPY: Buy & Sell Trade setup !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
CADJPY bearish speculationExpecting bearish movement FX:CADJPY if we break the bearish flag. lets wait and see !
CADJPY BASELINE CHARTSEEING THE TREND BE HIT AND THE RETEST ALREADY DONE.
LOOKING FOR THE FALL AND THE TEST IN BETWEEN THE ZONES OF 82.961 AND 82.899
LOOKING FOR THIS PUSH DOWN RIGHT IN BETWEEN THE 61.8 AND THE 78.6 AREA.
CADJPY - SELL THE BREAK - DONT MISS ITSee previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
#CADJPY rise has come to an end?We think that the recent advances in cadjpy have come to an end for several reasons
1. The previous weekly candle is a Doji candle that means it can indicate a reversal of a trend.
2. The price of cadjpy is currently close to resistance called Senkou Span (Ichimoku indicator)
3. In the daily chart, the cadjpy rose until it touched a moving average 200 and failed to break above it and started to fall a sign of weakness
Sell CAD/JPY:
Entry Price: 84.17
Stop Loss: 84.65
take Profit: 83.00
CADJPY - HOW TO TRADE THIS PAIR THIS WEEKPLEASE WATCH OUT FOR THE BREAKS IN THE TREND LINE BEFORE YOU ENTER.
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
CADJPY - DROP - DONT MISS ITSee previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
BUYING OPPORTUNITYWait for price to correct in search of liquidity.
Buying area is illustrated in blue
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Best of luck
Felipe Ramirez
CADJPY - catch the move up & its ReversalCADJPY is approaching its resistance at 82.057 (0.618 Fibonacci retracement) where it could potentially reverse to its support at 80.540
EMA 21 & EMA 55 both crossed over signifying a move up.
A break in the black trend line leads us back to its support of 80.540
See previous analysis
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
buy at 81.04 to target 81.85-90as wti should reboud
as usdjpy should rebound
as stock should rebound
as CAdjpy is much oversold and face weekly,monthly resistance
i try this trade and will follow it with a traling stop
CADJPY testing support levelsRespected followers, as we can see that CADJPY is testing its support levels 3rd time. On the current level we can assume that market will go up from here to defined take profit.
CADJPY - ARE YOU READY?CADJPY has HIT the Fibonacci retracement
level of 0.618. there is a possibility this could
go down to 0.236
thou Stoch RSI has gone into oversold territory
so the pace is gathering for a nother turn up.
be ready to jump in
See previous analysis
like, comment and follow
CAD/JPY is bullish on 4h chart!!!I see some bullish divergence at rsi and macd both also bullish signals on the daily chart too.
Trade with less leverage (5x, 10x) because i made my analysis for long term
Profit Targets:
86.855
87.740
88.250
Stop loss:
84.600
Have a nice day,
Berk
