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.
Cadjpylong
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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CAD/JPY1Hour breakout.
Iv shared my position on this pair.
*yesterday we had crude oil inventories released in the US (www.investing.com).
This had resulted in an immediate drop in the CAD, which has since recovered as Oil prices are already at an all time low and has climbed $2 a barrel since the release of inventories yesterday.