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Cadjpylong

CADJPY shortDouble bottom rejection off key demand zone. 1hr bullish engulfing break above daily resistance. Daily resistance is also the neckline for this W shaped double bottom. 4hr candle is most a bullish engulfing candle. ADX about to flip positive. Momentum is continuation of bullish divergence patter. The price is above the daily and weekly pivot indication this is the strongest buy zone for the week as price was unable to break below the weekly pivot even after CPI move. I have my TP set at the next supply zone.
Long
by HARDCORETRADXR_84
1
CADJPY H1: Bullish outlook seen, further upside above 104.30On the H1 time frame, prices are holding above an ascending trend line and approaching the support zone at 104.30, in line with the 100% Fibonacci extension which presents an opportunity to play the bounce to the next resistance target at 105.20. Prices are holding above the 50 EMA as well, supporting the bullish bias. Failure to hold above the 104.30 support zone could see prices push lower to the next support zone at 103.90.
Long
by T3-Consultancy
CAD/JPY BULLISH PATTERNCAD/JPY currency pair had formed a breakthrough on a triangle pattern on the 4H graph which might suggest a bullish movement of it. MACD Histogram is above the 0 line and both RSI moving averages are above the neutral 50, both indicating potential bullish movement. If this movement gets confirmed the pair might try to reach back its levels of 106.5 but if the opposite scenario occurs, the pair might test its previous low on 102.95 Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Long
by legacyFXofficial
CADJPY, Long at 103.00 (275PIP Target)Hello Traders, Investors turned to safe haven currencies recently as JPY strengthened across the board. Looking at the HTF on CADJPY, we can see that price made a massive push down touching the previous low of 101.6 range creating a double bottom with a reversal impulse. Looking at the LTF, we could see price is currently developing a bullish continuation structure seting up the next impulse which we will see some short term consolidation early next week before seeing another push upwards. Trade Safe, Thanks
Long
by ktlfx