CADJPY signal (LONG)Hello friends.
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Everything on the chart.
open pos: market
targets: 79.9 - 80.3 - 80.6
after first target reached move ur stop to breakeven
stop: under 79 (depending of ur risk). ALWAYS follow ur RM .
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Cadjpysignal
CADJPY analysis | Potential tradeThe downward trend was broken last week.
We currently have higher bottoms and higher peaks.
This gives us reason to believe that the trend is reversed and we can see an increase.
Resistance levels
77.63
78.28
78.76
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CADJPY Breakout Rejection - Consolidation In Short Term. SELLCADJPY's attempt at making a breakout above the 76.800 level seems to have lost strength, and I see it now consolidating in a narrow range between 76.800 and 76.650 levels in the short term. A clear trend maybe seen after getting out of this consolidation range, but right now, I will look at going short in this pair since the breakout attempt seems to have been rejected. I would set my take-profit level at 76.650 level, which is not much, but since this is the consolidation range, we cannot expect a very high take-profit range anyway.
POTENTIAL BEARISH MOVE ON CADJPY TO COME Price is currently in what i would class as a bullish retracement. i am looking for price to test the marked point of resistance before advancing lower. Stop loss marked at the red price level and take profit marked at the green price level.
DO NOT risk more an 2%
CADJPY TP1 77.20, TP2 77.65HI, TRADERS
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CADJPY: Try to short After ConfirmationThanks for Taking Interested in my Trading Idea.
CADJPY: Try to short After Confirmation
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CADJPY trade idea on H4Plan : trendline breakdown --> wait for price to bounce off from horizontal or trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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GWBFX
CADJPY, my perfect prediction just missed a few pips! whats nexton my previous analysis (link attached below!) we missed just few pips from our entry level, now we have the second chance ... good luck!
Plan : trendline breakout --> wait for price to bounce off from horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
CADJPY long trade update! (re-entry)Note : on my previous analysis price went up +50 pips from our entry level (link attached below!), this plan is a second chance / re-entry ... good luck ;)
Plan : wait for the retracement at a lower timeframe like M30 or M15 --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX