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Cadjpyidea

CADJPY long trade ideaPlan: trendline and resistance level breakout --> 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. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
4
CADJPY Breakout Rejection - Consolidation In Short Term. SELLCADJPY's attempt at making a breakout above the 76.800 level seems to have lost strength, and I see it now consolidating in a narrow range between 76.800 and 76.650 levels in the short term. A clear trend maybe seen after getting out of this consolidation range, but right now, I will look at going short in this pair since the breakout attempt seems to have been rejected. I would set my take-profit level at 76.650 level, which is not much, but since this is the consolidation range, we cannot expect a very high take-profit range anyway.
Short
by trendtrader
1
CADJPY long trade ideaPlan : wait for the price to bounce off from trendline or 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. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
4
CADJPY LONG! A Look at Daily Good news First: 1. Pair is trading at multiple Buy-Zones. --For Long position to fully execute, Cad HAS to be stronger than JPY, preferably on all time-frames (something to eye) Notably also is price battling a deep trend-line-- Otherwise, We Are Good To Go! Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Long
by legacyliked
1
CADJPY SHORT after Break of Supports AND Break of TrendlineHello to all wacthing my charts. Lets habe a look to CADJPY and of course its a Short Play. But how has that been established ? Where had it been the best level for a trade ? Look at my chart. 30.10. 14:00 GMT has been the date for start the trading short at that time the pair has broken 1) the RED Trendline and 2) 2 Support (Red parallel Lines) After that the fall has been increased very very quick. Now we are sittin on a support level but nobody nows whether that will hold or not. Next Support Level is 81.75 We have to watch whether that will hold and maxybe a start of a jump up But all of my channel systems are so short its not a time at the moment for thinking about Long Good trades If you want to support my work , please be so kind and like them - My posts are not and advice to buy or sell something always do your own research - Renkotrade ----------
Short
by Renkotrade