Cadjpyshort
CADJPY-Short#CADJPY
Market was recently unable to cross cluster of resistance instead break a strong support and retested it. SO here is a good selling oppurtunity.
cadjpy shortCJ looks to have topped out here looking for a down move then retrace for a second position
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
Possible Head and shoulders shaping upYou just have to wait for a break of the head and shoulders and wait for a pull back to tale shorts
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
Head & Shoulders - Right Shoulder Entry1. Drew out an incomplete head & shoulders pattern.
2. Waited for price to come back to this area to finish the pattern.
3. Entered on signs of rejection / Stops above the Head
4. Targeted a simple 1:2. TP HIT!
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 SHORT - CONTINUATION INTO DAILY KEY LEVEL!In this vide I explain all the reasons why I expert to see more downside for CADJPY back down into 85.791 level
Thanks for watching!
If you agree or disagree drop a comment or a like on the video! :)
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 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: 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.
Trade opportunity - Sell CADJPYThe key candle in the H4 timeframe gives us a hint of strong presence of bears in CADJPY under 87.90 levels.
Price action strategy applied to identify this Sell opportunity.
Sell at the market price 87.70 until 87.90.
Target 50 to 75 pips on this trade.
CADJPY Daily Timeframe (Bearish Case)A few days ago I shared CADJPY analysis indicating a bearish pattern on H4!
Today I want to share the same analysis on the Daily timeframe!
Price is approaching to daily trendline resistance zone!
At the same time price approaching a key supply zone!
Failure to break above the zone will be an indication that bears are about to take over!
CADJPY BreakdownRight now price is in an ascending channel. I am looking for price to break this channel to the downside reaching for those previous lows. Wait for breakout of channel get in on the first flag created on the lower timeframes.
CADJPY short in next daysAfter checking different scales and comparing MACD and RSI seems that we have under A wave correction from Elliott's teory, so lets prepare our shorts ONCE wave B will be finished.
SELL CADJPY (356PIPS)Price approaching resistance area, would be looking to sell the pair if I see a proper rejection off this area follow by other bearish confirmation such as the bearish engulfing candlestick.
CADJPY Bearish Case Is it bears turn after long bulls dominance? On H4 timeframe we have a bearish pattern which might be an indication for bearish movement on CADJPY!
CADJPY SHORTThe pair is currently ranging between 87 and 87.4, there is a big trendline approaching which could start the retracement of this pair, if a bearish trend does appear it would be closer to the downtrend and near resistance levels, the pair can go to 85.8 as a first target and as a 2nd target to test the lows of 84.8 one more time.
