cad/jpyadding more sells
87.4 is my stop on all positions
got a few nice set ups this week hopefully be ready tomorrow
Cadjpyshort
CADJPY SEllCADJPY a lot going on this week in terms in my testing phase on the trades im watching again these are not trades for you to take if you follow me but something i'm putting into place for what i'm testing on serval techniques i have learnt over the years
lets see how it plays out
what are your thoughts............?
cad/jpy good short position cad jpy was in bearish momentum and went down to the 84.400 very strong demand level and cane back to 87.100 for a retest
look for bearish confirmation on lower time frame and enter short with your own money management
always remeber patience with discipline and money management is the key to success
CADJPY Bearish weekly forcastWe will most likely see CADJPY continue to head lower after having a strong reaction to the HTF confluence area.
SHORT CADJPYSHORT CADJPY @ 87.40
TP @ 85
SL @ 88.55
I have decided to sell CADJPY prior to Jackson Hole on Friday as I feel that USDCAD is reaching support lvls and will rip soon. If that is not the case and the USD decides to sell off, well then USDJPY will push lower driving CADJPY lower. We also have key resistance and pivot lvl at 87.40 this making it a good entry for me. CADJPY has rallied a lot in the last week and I feel it is running out of steam up here thus I anticipate the next move in this pair will be lower.
Good luck!
💡Don't miss the great sell opportunity in CADJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (87.12).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 28.
Take Profits:
TP1= @ 86.63
TP2= @ 86.37
TP3= @ 86.02
TP4= @ 85.41
TP5= @ 84.68
SL: Break Above R2
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💡Don't miss the great sell opportunity in CADJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (87.12).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 28.
Take Profits:
TP1= @ 86.63
TP2= @ 86.37
TP3= @ 86.02
TP4= @ 85.41
TP5= @ 84.68
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
CADJPY - Bearish BiasCAD - Weak Bearish
1️⃣ Crude oil prices fell slightly on Thursday amid concerns about stock demand following additional restrictions in several countries.
JPY - Strong Bullish
1️⃣ Risk-Off sentiment benefits the safe-haven JPY.
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Technical
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We are selling the CAJPY after the price has broken the support levels.
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Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Cad/Jpy Sell OpportunityCadJpy is in a downtrend and moved up a little higher than expected but a new wave down is expected now!!!
So I'm expecting a lower low and my TCP is the trend line at the bottom!!!! I have another take profit area below this. This is a swing trade idea that will take a few weeks to complete! If you trade it , you gotta be patient!
risky but good setup :)Here's another risky but I 'feel' good setup.
CADJPY rose to a previous high and stalled for the past many hours, it is also within a rising wedge alike channel building downward movement since the high of 87.5 which was in mid of historical resistance zone. (87.26 - 87.6)
I didn't manage to catch the tip but entered at 87.4 which is still a ok risk level - providing my analysis is correct.
overall CADJPY is having a very strong bullish momentum built in the past few days so it's very risky to bid it down. If today the OIL price falls a bit and US news can tune DXY up a bit, this set up may well just be a perfect one that's why I'm willing to risk.
SL: above 87.6, mine is at 87.645
TP: below 86.85 -- can go lower if market supports it well with good impulse
GL
CAD/JPY SHORT TRADE IDEACAD/JPY Signal
Market Sell: 87.050
Stop-Loss: 87.650
Target 1: 86.300
Target 2: 85.030
Stop-Loss: 60 pips
Risk: 0,5%
Risk-Reward: 3,37
CADJPY Short CAD/CHF rallied on Monday AFTER the recent slump in crude oil prices, the commodity-linked loonie (CAD - Canadian Dollar )
We expecting the pair to re-test the key support levels listed on the chart,
We taking this trade based on technical analysis , Fundamental and candlestick patterns.
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
Please like and share for more useful content:
CADJPY DAILYSeeing the structure testing the double top's neckline on the right shoulder may increase the probability of pushing the market on the bearish movement.Afterwards i'll be looking on placing another short after a break on the HTF head and shoulder pattern.
CADJPY ANALYSISMarket is looking to test the resistance at 87.1 again after testing it and rejecting, if this resistance holds one more time we can expect the price to go at least to 85.5 or look to create some lower lows if it breaks that level. If price does break resistance we can expect to test the levels of 88.5 one more time. Both situations have some very good trades to be made, we just need to see how the market will react.
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.
CADJPYCAD is very weak right now and the JPY is starting to get stronger , cumulatively i see short in the near future. I have placed my bars projection on the chart.
CAD/JPY Forex Analysis and Profits - Before and After Analysis A few days ago to be precise, on the 11 of August this analysis and setup was sent to the FXTD Academy students, and signal was sent to the FXTD VIP signals channel, seeing that price reached our point of interest in reaction to the higher timeframe order block, we had to wait for the structure to form then we dived in. Price has finally reached our target afte the first and seconde liquidity was taken out, price traded into the trendline liquidity and on its way to the fair value gap as predicted and finally we're 207+ Pips in Profits with a good risk to reward of 1:17
I don't get comments or likes, simple analysis CAD/JPYMy account is not popular and does not collect many likes, but check all my Forex analyzes
But most of my analyzes are correct and accurate
Analysis like my previous analyzes in forex .. Review them well and you will find that they are all correct and come with goals in a short time
Most of them are long term
Thank you very much
CADJPY Sell IdeaCADJPY (since Friday) was riding a downward trend. The first entry bear market has taken over, with my MA's crossing over, confirming a downtrend market. Here is a second entry if you'd like to take this trade and ride the bear market. Use proper risk management.
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 good short position cad jpy is showing bearish momentum on higher time frame
look for bearish confirmation on lower time frames and enter short with your own money management
always remember that patience is the key to become a successful trader
Short Vision on CAD JPY for 13/08/2021Hello 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 88.35,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
