Cadjpysetup
CADJPY LONG! A Look at Daily Good news First:
1. Pair is trading at multiple Buy-Zones.
--For Long position to fully execute, Cad HAS to be stronger than JPY, preferably on all time-frames (something to eye)
Notably also is price battling a deep trend-line-- Otherwise, We Are Good To Go!
Note: Idea is to complement your research.
Check comments section for future updates on idea.
Like this idea? Like, Share, Follow, and Support channel for future content.
Thank you and happy trading.
CADJPY: Try to short After ConfirmationThanks for Taking Interested in my Trading Idea.
CADJPY: Try to short After Confirmation
Dear followers, the best Gift for me is "will be your likes , comments & Share
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!v
CADJPY is Setting up For Further DeclineCADJPY's 4 hourly chart revealed the downtrend since the February 20, 2020 high formed a complete five-wave impulse. Labeled (i)-(ii)-(iii)-(iv)-(v), this pattern meant a three-wave correction should follow.
And that's what has been unfolding since the bottomed on 9th March. The price made a three-wave rally in wave (a), followed by another three-wave decline in wave (b), these three-waves move inclined that a 3-3-5 flat pattern is in the making.
Once the current rally in wave (c) is completed, we would most likely see another decline that will trade below wave (b) low.
What's your view on CADJPY?
CADJPY expecting higher bearish continuation technicaly basedExepcting break of green trend line and higher bearish continuation.
ENTRY: 78.500
TP: 77.800
TP2: 77.200
TP3: 76.500
SL: 79.500
Chart time frame - 1W
Time for reaching TP - 1-2W
Follow, Like, Share or Comment
Thanks on supporting!
All best!
CADJPY: NICE SETUP NEED TO WAIT FOR CONFIRMATION.Thanks for Taking Interested in my Trading Idea.
CADJPY: NICE SETUP NEED TO WAIT FOR CONFIRMATION.
Dear followers, the best Gift for me is "will be your likes , comments & Share
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!
Trading Pathways Analysis of CADJPY H4 Chart
The outlined white arrow pathway is the predicted pathway that the CADJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where CADJPY will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways