CADJPY - Resistance ClearedThe resistance level has now been cleared so buyers will now be looking for an optimal entry point at the break and re-test.
I will be looking to position buys a little lower in the bounce box marked.
Cadjpylong
CAD/JPY BreakoutThis is breaking above a resistance level. Safest entry is to wait for a retrace that tests this level as a support then long to the target of the next high. Although it is still very bullish on MACD on 4HR and daily so this could easily continue to rise from here.
TP - 84.571
SL - 81.667
CADJPY, Retesting Breakout, LongCADJPY, Retesting Breakout and has a strong Support... Watch out Friends!
CADJPY FLY ?As we see the bullish movement respected by trendline
we see the small channel was broke and cadjpy potential making bullish flag
so we can waiting for the flag valid or we waiting for the new higher high as well
thankyou !
CADJPY high probabilty for 83.70 and 84.20professionals increased long positions 3k by last week, commercials increase short positions 8k by last week. professionals increase 5k shorts in jpy while commercials decreased 3k shorts. weekly key reversal bar made a new low closed off the high dictating for bullish momentum ahead.
CAD/JPY & AUD/CHF breakout channels for the day!Have been keeping an eye on both markets, CAD/JPY and AUD/CHF for retest to get in on the buy trades. Have my alerts set and waiting. Oh and pardon where i said AUD/JPY.
Purely technical analysis trader, follow at your own risk...
CADJPY - Drop OffI would like to think that the resistance has been wicked into enough for it to plummet from here. I want to see a slight pullback into the previous structure before bears take control.
CADJPY ANALYSISCADJPY ANALYSIS
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Idea is not the financial advice!
CADJPY Long swing trade ideaHey traders, here is the analysis for the USDJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
CADJPY - Break out. Buy zone. Preload.
The price is being drawn to a strong level. The preload process demonstrates the struggle of buyers and sellers. The first side (buyer or seller) buys the movement of the second side and moves the price further. The second side is resistance. The goal of the first side is to tighten the price to a strong level and gain "energy" in the form of limit levels. The goal of the first side is to stop moving towards the level.
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 wait for a conformation!
CAD/JPY: Swingtrade-Preparation
Market-Buy: 81,950
Stop-Loss: 81,210
Point Of Risk-Reduction: 82,810
Take-Profit: 83,800
Stop-Loss: 74 pips
Risk: 0,5% -1%
Risk-Reward: 2,50
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Peace and good trades
Irasor
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CADJPY LONG OPPORTUNITY (READ BEFORE U BUY SNIPER ENTRY)We are expecting CADJPY to buy from the support zone let's be reactive and not predictive
