Cadjpyshort
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 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)
CAD/JPY SELL SIGNAL...VIEW
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
CADJPY shortCadJpy correction could be done and it might be time to lookout for bearish confirmations.
The pair has been correcting the drop from 2 days ago, and we some a rejection around 61.8% yesterday. If today's daily candle closes below 50%, we might get more downside movements.
For now, I'm placing this trade based on the MAs, with stop loss above the 200 hr EMA
CADJPY ANALYSISOn this pair we see a possible break either to the downside following this downtrend and breaking the support at 86.6, creating a big support break, or we can break this downtrend and break the 87.6 resistance, if we see a confirmation either to the upside or the downside we have alot of potential entries for both this trades so wait for confirmation from the breaks and then enter the trades at the desired price.
CADJPY SELL STOP 87.104 If you like this idea follow this.dont trade before sell stop, if you get 20 to 30 pips kindly close,its good for investment 2% risks.
if you wanna more pips fully risks for urs.
we are assure to 20 to 30 pips please try only forex beginners.
we are only try to hit baby pips if you like this analysis,please support our idea by hitting the like button and share to ur frnz. we will support start to end trading.
hava a great trading!
CADJPY: IS IT TIME FOR BEARISH BIAS/TEMPORARY CORRECTION AHEAD?Hello Traders, here's your free outlook for CADJPY! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :) !
CADJPY already impulsively rejected multiple rejection area. Recently, CADJPY has broken the lower trendline of rising wedge pattern. The momentum indicator is also pointing downward in the neutral area, indicating that CADJPY has the possibility to continue moving downward to the target area.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell CADJPY.