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Cadjpylong

CADJPY long trade ideaPlan: 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 as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
CAD/JPY LONGHello Traders, So today i'm going to talk about the pair CAD/JPY. On this Daily timeframe, we can see the market consolidating and forming a support level at 78.00 and almost reaching the 80.00 level, after a pullback in 79.00 zone, we can see another big impulse of +300pips. So, after this big impulse i'm waiting for a new pullback in the buy zone wich is the 0.5 fibonacci level from the last impulsive wave and the mid level of the consolidation. Entry : 80.00 SL : 79.65 TP : 82.00 R/R : 5.71 Let me know in the comments if you have any question.
Long
by Ralechturc
CADJPY H1 LONG PRICE ACTION FORECAST The price action has shown a rally in the intraday, clearly in the overbought are by the RSI, and together with a clear bearish divergence, it shows that the pair might reverse before further upward movement. The pullback should reach the golden Fib level for a healthy correction, allowing the setup of a long entry as a limit. The order: Type: buy-limit S/L: 28 pips - R:R | 1:2 - T/P: as shown -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
CADJPY H1 LONG PRICE ACTION FORECAST Price has been trading within a hornet pattern from the D1 domain, currently under a correction to continue its further uptrend bias allows the placement of a long entry, expecting the pullback towards the fib golden level 50 to fill the limit order with the following characteristics. The order: Type: buy-limit S/L: 26 pips - R:R | 1:3 - T/P: high from fib extension tool -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
2
CADJPY H1 LONG PRICE ACTION FORECASTThe Canadian dollar is showing a clear bullish bias across the board. Now, CADJPY at H1 is under consolidation, where expected pullback towards the 200MA to confirms an uptrend movement towards the resistance level. A buy setup is placed with the following features. The order: Type: buy-limit S/L: 30 pips - R:R | 1:2 - T/P: resistance level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER