CADJPY and a good weekly overlook plus some tutorialI explain a bit more in depth why i take trades and the explanation on how markets work
Cadjpyshort
CADJPY Might Break and Close Below the Support
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Hi Traders, CADJPY on H4 if it breaks and closes below the Support line, on the lower TF we can look for potential entry for short. On the other hand it might continue to go higher to around 89.04 before going down.
⬇️Sell now or Sell at 89.04
⭕️SL @ 89.71
✅TP1 @ 87.51
✅TP2 @ 86.5
✅TP3 @ 85.1
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CAD/JPY LONG TRADE IDEACAD/JPY Signal
Market Buy: 88,250
Stop-Loss: 87,650
Target 1: 89,000
Target 2: 90,050
Stop-Loss: 60 pips
Risk: 0,5%
Risk-Reward: 3,0
CADJPY good short position cadjpy trend has changed from bullish to bearish which we can confirm on higher time frames
market is currently making lower high and than continuation to the downside
look for bearish confirmation on lower time frames and enter short with your own money management
always remember that patience is the key
CADJPY sell on retest on higher time frame CADJPY ia at vert strong resistance area and rejected multiple times
so over all its gonna go down
look for bearish confirmation on lower time frames and enter short with your own money management
always remeber that discipline with patience is the key to become a successful trader
💡Don't miss the great sell opportunity in CADJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (89.68).
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 29.
Take Profits:
TP1= @ 89.44
TP2= @ 89.24
TP3= @ 89.04
TP4= @ 88.89
TP5= @ 88.70
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 (89.68).
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 29.
Take Profits:
TP1= @ 89.44
TP2= @ 89.24
TP3= @ 89.04
TP4= @ 88.89
TP5= @ 88.70
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 ❤️
CAD/JPY New Short Setup Available To Catch 200 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CADJPY May Fall Againcadjpy still retesting the line and possible fall to 88.90-89.20 area before any upside move
CADJPY SHORTCADJPY SELL :
REASONS :
1)IN 4H CHART THE RED CANDLE STARTED AND IT IS PATTERN GOING DOWNTREND , SO WE ARE GOING FOR A SELL ,
TP : GREEN LINE
SL : REDLINE
IF SL HIT : ONLY 10 PIPS MINUS
IP TP HIT : ITS 78 PIPS PLUS
CADJPY - Another Pandemic rally looks exaust Cad still looks strong due to Oil prices but in Forex nothing can live one side for so long.
Pair approaching resistance points
Rsi also showing divergence
Temp showing buying pressure
potential sell setupfib to fib. I'm expecting it to drop to at least to 89.048, will be trailing from 89.181. GL
cad/jpy good short position as we mentioned in our last two analysis market exactly behaved as we predicted
cad jpy is facing strong Resistance t higher time frame and chances are for a reversal over all
but on lower time frame its showing a good sign and indication os short entry with good risk to reward
i will suggest to enter short with your own money management
always remember patience and discipline are the keys to success in financial world
CADJPY Trade Opportunity (My View) CADJPY::: Been Looking AT It For Some Time Now... It's Looking To Break A Major Support With Little Or No Momentum. Expecting A Strong Move Down With This Pair... Ideal Trade Indicated On Chart With Dotted Lines Showing TP 1$2... Buyers Might Decide To Show Up Or There Might Be Fake Out So Ideal SL Is Just Above The Higher High Or In That Area...
CADJPY Short SignalHey 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/4H SHORT
If it exceeds the support range, it will continue its downward trend with Pulbeck in the same range.
CADJPY SHORTif you've been following my trading ideas you'll know cadjpy has been paying well since last week, two Swing Trade and both with TP hit at +440 pips total. now am looking at an imminent reversal or at 90.350 zone.
CADJPY : Sell SetupCADJPY created an Bearish Fair Value Gap on Weekly
This week, 4H price came back to a structural point within that Weekly FVG but got rejected, creating a bearish Rejection Block
I intend to trade that bearish rejection block
cadjpyLook for the pair to break the lower price zone and form a continuation into the corrective impulse.
