Cadjpyshort
CADJPY A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 87.60 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
CADJPY is in Downtrend and It is Expected to Continue Downtrend.
CADJPY Short Analysis Hey traders, here is the analysis for the CADJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
CADJPY ShortMy view of CADJPY . Potential short opportunity.
This will be plain and simple. From Sep. 28th to Sep. 30th we respected the MRA (Major Resistance Area) . Although the price tried to break out of the Consolidation area , the sellers prevailed. SO! Looking at the fact we are in a Consolidation area, I expect the price to go down to our MSA (Major Support Area) . Entry is at 87.821 with a Stop Loss above the MRA and Consolidation area at 88.794 . Take profit is at MSA (85.075) . Break of mSA (minor Support Area) would confirm lower levels and continuing the move down to our Take Profit. I also made an example showing 2 possible outcomes if we break to the upside or downside.
PARAMETERS
- Entry: 87.821
- SL: 88.794
- TP: 85.075
KEY NOTES
- Sep. 28th to Sep. 30th we respected the MRA (Major Resistance Area) .
- If we break the Consolidation area at our SL , it would confirm higher levels.
- Break of mSA (minor Support Area) would confirm lower levels and continuing the move down to our Take Profit .
Happy trading!
CADJPY SHORT?As i always say enter after only confirmations and analysis with your own ideas too
spotted a parelell channel trade on cadjpy
i hope it will help you and dont forget to me a like
CADJPY Weekly Forex Analysis & Trading Idea for 4th - 8th OctobeCADJPY Weekly Forex Analysis & Trading Idea for 4th - 8th October 2021
cadjpywe are publishing an idea about cadjpy short position that nobody tell it to you.
sell ater engulfing candle in purple zone... but if not you can enter the long position...We are waiting for now... goodluck guys
A Short term Sell :)Nothing much to talk about cadjpy this just quick 60+ pips trade but
also price IS ON daily sell continuation Trend line so it may go further down...
this short term trade confirm by rsi divergence and market patterns..
what you think about this pair? lets talk in comments section..
cadjpy shortin a downtrend, price reacting to a supply area and make a down move and create another supply area.
the price is in that second supply area, we expect the price will make another down movement at least to 50% fibonacci retracement and monitor price action at that area to possibility go down to lowest demand area.
CADJPY Sell Trade Opportunity (Go Very Very Short)Nice Selling Opportunity With This Pair (CADJPY).... Counting On Trend Reversal or A Slight Pause With The Trend... SL>> Slightly Above Previous High In-case Trend Strength Pics Up & TP 1 & TP 2 Indicated By The Dotted Lines ... Good Luck!!!
CADJPY SELL IDEALooking at the weekly timeframe on CADJPY we can see we are currently in a what looks like a bearish flag pattern, this plus the head and shoulder pattern on the 4hour charts convinces me that CADJPY will eventually continue with its downwards movement. The bigger timeframe show us the possible direction while the lower time frame show us possible entries.
CADJPY SELL IDEAI Have a bearish bias on xxxJPY . My confluence on CADJPY is the head and shoulder pattern and bearish flat
CadJpy can drop from resistanceAt this moment CadJpy is trading in the strong resistance zone
A drop can happen anytime now and the target can be at the bottom of the range
A daily close above resistance would negate this scenario
CADJPY ANALYSISCADJPY just tested the 88.000 resistance and it got rejected, this pair has been in a range from 85.500 to 88.000 so we can look for a short if this pair keeps thisup. If the 88.000 resistance does get broken we can expect the pair to go up to 89.000 resistance. If the pair keeps rejecting the resistance we can look for short entries and ride the range until at least 86.600 or hold until 85.500.
CADJPY Short Analysis Hey traders, here is the analysis for the CADJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
CADJPY 15min ANALYSIS (SELL)We consider selling this CADJPY pair because of a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
FOREX ANALYSIS : CADJPYFX:CADJPY
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
Short Vision on CAD JPY for 28/09/2021Hello Dear Traders,
You find below my analysis for CAD/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame CAD/JPY will fall to 87.75 as I am showing in my chart. Our Daily Goal is 87.45.
Currently, CAD/JPY is moving towards the resistance level 88.25,where there is some liquidity from this value we are looking for short-term selling opportunities of CAD/JPY.
Good Luck and enjoy your Bearish Market for today.
Entry:@88.25
TP1: @87.95
TP2: @87.75
TP3: @87.45
SL: @88.6
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
CADJPY 390PIP SHORT!Hello Traders, today we have ourselves a lovely CADJPY short.
Confluences:
Structure level
3rd Trendline touch
With this lovely trade we have ourselves a 9.75 R:R (Risk:Reward) which is a amazing return for the risk.
This short has a larger risk than usual to prevent being stopped out at the next structure level which the price may react from.
Economical Data:
Oil panic within the UK, may lead CAD to increase in value due to higher demand as oil & CAD correlate, this is a factor we must be aware of.
What is Correlation?
If you would like to learn what this is, I have attached an educational post below where you can see the correlation between currencies, metals and oil .
Please remember to like and follow for more ideas like this!
CADJPY SELLClear indication of sell. I will try by all means to keep posting more analysis, keep dropping likes and commenting.
CADJPY As you know cad has high correlation with oil and right now oil are indecisive (short in my opinion)
-CADJPY Higher timeframe shows us downward move.
-Divergence+
-short senario : it moves inside triangle
-long senario : it moves inside parallel channel
in any direction it moves we can open multiple positions (pivot touches rule)
SELL CADJPY (260PIPS)Price broke out of our minor trendline to tap our daily trendline and resistance area, sell we placed yesterday got stopped out. Would place a SELL on this if I see proper rejection off trendline and resistance area for a 260pips move.
