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Cadjpysetup

CADJPY reversed from resistance, potential drop! CADJPY reversed off its resistance at 82.880 where it could potentially drop further to 81.885. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
CADJPY SHORT after Break of Supports AND Break of TrendlineHello to all wacthing my charts. Lets habe a look to CADJPY and of course its a Short Play. But how has that been established ? Where had it been the best level for a trade ? Look at my chart. 30.10. 14:00 GMT has been the date for start the trading short at that time the pair has broken 1) the RED Trendline and 2) 2 Support (Red parallel Lines) After that the fall has been increased very very quick. Now we are sittin on a support level but nobody nows whether that will hold or not. Next Support Level is 81.75 We have to watch whether that will hold and maxybe a start of a jump up But all of my channel systems are so short its not a time at the moment for thinking about Long Good trades If you want to support my work , please be so kind and like them - My posts are not and advice to buy or sell something always do your own research - Renkotrade ----------
Short
by Renkotrade
CADJPY approaching support, potential for a bounce! CADJPY is expected to drop to 1st support at 79.800 where it could potentially react off and up to 1st resistance at 80.791. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
4
CADJPY reversed from resistance, potential drop! CADJPY reversed off its resistance at 80.900 where it could potentially drop further to 80.250. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone