CADJPY H1 ANALYSISHello traders, we currently have a long setup for CADJPY on the H1 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go long. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel like you're learning, please give us a follow and like the post to help others like you also learn in the forex markets. Study hard!
*Disclaimer*: This trade analysis was conducted by myself and is by no means a trade signal. This trade analysis is based off my opinions and is by no means indicative of future price action.
Cadjpylong
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.
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Thank you for your support ;)
GWBFX
UC Inv H&S 14:33:38 (UTC) Tue Apr 28, 2020No entry until correct rejections. Also, it's tuesday (we need some volume). This is technically not the ideal inverse head and shoulder which is a bullish reversal in a downtrend, however the technicals are there, the support and the confluences/keylevels add up so it's being posted for record.
14:34:50 (UTC)
Tue Apr 28, 2020
CADJPY LONGSHi Traders! Here is my first bit of analysis shared here on trading view. I have noticed that we have a potential inverse head and shoulders pattern here on CADJPY that also lines up very nicely with the 50% upon that right shoulder. I would be looking for a move higher from this area. Then potential scale in upon the break and retest of the neckline. Looking to take price all the way to the pattern duplication that is highlighted on screen.
CADJPY technically based forecast
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I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 CADJPY technicaly based idea, we can see price is bounce from bottom trend line, technicaly indicators showing we can expect recovery phase, expecting to see push up in price till top trend line. JPY today slowly losing power.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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All best, good luck!
CADJPY - Bullish Breakout With Re-test Complete | Buy📢CADCHF 15m - Technical Breakdown
📈Price action has successfully broken through the clear down-trend and has since re-tested this prior resistance.
📈A long opportunity from the current market price presents a 1:2.5 RR trade aiming to bank 60 pips up to the highlighted take profit near 76.500
CAD/JPY BUY SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Type: Day-Swingtrade
Market-Buy: 77,760
Stop-Loss: 76,100
Target 1: 79,780
Target 2: 80,140
Target 3: 82,950
Stop-Loss: 166 pips
Risk: 1-2%
Risk-Reward: 3,20
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Peace and good trades
Irasor
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