CAD/JPY New Analysis And 3 Trades Available This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Cadjpylong
CADJPY is facing bullish pressure, potential for further upside Price is facing bullish pressure, where it is approaching our first support, in line with our 100% Fibonacci extension, 50%, 38.2% Fibonacci retracements, and horizontal overlap support. It could potentially rise further to our first resistance, in line with our 100% and 61.8% Fibonacci extension. It is also worth noting that the Ichimoku cloud is also showing bullish pressure in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADJPY Swing BUY Trade Idea. CADJPY Swing BUY Trade Idea.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
CAD/JPY BUY SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
CAD/JPY: Daytrade-Execution
Market-Buy-Order: 80,050
Stop-Loss: 79,815
Point-Of-Risk-Reduction: 80,215
Take-Profit: 80,440
Stop-Loss: 23,5 pips
Risk: 0,5% - 1%
Risk-Reward: 1,70
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
CAD/JPY BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
CAD/JPY: Daytrade-Preparation
Buy-Limit: 80,000
Stop-Loss: 79,820
Target 1: 80,150
Target 2: 80,270
Target 3: 80,450
Stop-Loss: 18 pips
Risk: 0,5%
Risk-Reward: 2,75
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
CADJPY - Bullish BiasCAD - BULLISH
1️⃣ Investors’ increased appetite for riskier currencies amid prospects that a coronavirus vaccine could start to be used soon.
2️⃣ Positive oil prices underpinned the CAD.
JPY - BEARISH
1️⃣ COVID-19 vaccine optimism undermined the safe-haven JPY.
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Technical
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We are looking to buy the CADJPY above the support of 79.750 + above SMA 50 on the H1 chart.
CADJPY - Bullish BiasCAD - BULLISH
1️⃣ Boosted by a rise in oil prices and hopes that a coronavirus vaccine may be available soon.
2️⃣ Canada's retail sales rose by 1.1% over a month earlier in September, beating market expectations of a 0.2% increase.
JPY - BEARISH
1️⃣ Japan reported 2,168 new daily cases of infection on Sunday, a day after marking a record high for the fourth day in a row.
2️⃣ Improving in risk sentiment weighing on the JPY.
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Technical
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We are buying the CADJPY above the support of 79.400 + above SMA 50 on the H1 chart.
CADJPY - BUY - NOVEMBER 23, 2020Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
CADJPY 80.84 + 0.14 LONG IDEA * BREAKOUT & CONTINUATIONHEY EVERYONE
Here's an update on the CADJPY which wasn't triggered in the previous analysis see attached idea on the pair, the is currently trading in a symmetrical triangle after this consolidation looking for a break above of structure which will trigger the trade.
As always higher time-frames for direction and whats happening in the overall chart and lower time-frames for entry opportunities.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET THE WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
CADJPY - Bullish BiasCAD - BULLISH
1️⃣ Positive industrial production in China boosted the oil prices.
2️⃣ The rising in oil prices support the CAD.
3️⃣ CAD benefited from the risk-on tone.
JPY - BEARISH
1️⃣ Investor cheered as 15 Asian Pacific nations signed one of the biggest free trade deals in history, covering 2.2 billion people and 30% of the world’s economic output.
2️⃣ The risk-on tone weighing on JPY.
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Technical
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We are buying the CADJPY at a support level of 80.200 on the H1 chart.