CADJPY to reverse (40+ pips) then fall (100+ pips)CADJPY to reverse after breaking the support line then continue the down trend.
Cadjpysignal
Cadjpy was formired bullish cycle elliotta Cadjpy was formired bullish cycle elliotta
for giving up trend need open buy stop after broke
85.606 with stop loss 85.480
CADJPY Short PlanSelling CADJPY based on 3 confluence reasons.
Waiting for the 4th reason to enter short
CAD/JPY - 100 Pips+ Short OpportunityCAD/JPY has lost quite a lot from 91.5 to 88.5 since the beginning of this month.
It currently still hasn't found it's major support to get into a reversal.
We can expect it to fall further down about 100 pips if the current suport is broken.
As always, risk manage properly.
Happy trading!
Buy CADJPY Longterm Based on Multiple Timeframe BreakoutThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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CADJPY Bollinger Band Spikes on a nice supportHi traders,
I am in a buy after a double Bollinger Band spike on a fairly strong support level and little down trend. Market structure is also indicating that we could expect a move up, breaking the top (impulse + completion of a corrective flat). If this 4H candle also closes outside of the Bollinger Bands, then we have a clear confirmation.
Make sure to cut your losses fast if there is a lack of momentum.
(This is not a trade recommendation!)
CADJPY, Bollinger Band Spike + Correction finished. Impulse Up!Hi traders,
I just spotted a nice Bollinger Band spike. I am planning to take this trade as soon as the market opens due to the following reasons:
1) We are in a correction and anticipate another impulsive wave up
2) Bollinger Band spike
3) We completed a flat
(This is not a trade recommendation!)
Sell CADJPY Short Term Based on 15m TF Bearish GartleyThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Short CADJPY Longterm Based on Daily, Weekly + Monthly TF ChartsCADJPY is in a major support/resistance zone. Although there is room for further up movement, the risk:reward is not preferable for me. As we approach the resistance I will look for confirmation to short this pair with a long-term potential for 500 pips.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Watch out for this pair!As this pair has closed with a bearish candle, this pair is still on consolidation mode just right at the monthly's inverse Head & Shoulders.
Despite the bullish stance the Japanese Yen is delivering to the market in addition to the bearish stance Crude Oil is giving, the Loonie-Yen pair is still able to maintain its consolidation mode.
Whatever path it takes, the move will be huge.
Loonie up, Yen down?As shown on the graph representation, the CADJPY monthly time frame has formed an inverse H&S... and it is currently hovering at the neckline of the monthly inverse H&S! It's gonna be tough... but it's going to be interesting!
I currently have long CADJPY as seen on my previous analysis.
CADJPY to continue uptrend after finding support at 89.00Good Even Traders, bringing you another free signal from the pip factory that I'm working at. Tonight, CADJPY continues it's uptrend with an anticipated 75 pip gain to the upside as it finds support at the 89.00 price level.
For those who follow Quarters Theory, we have a rejection at the 87.500 Large quarter (or half point), with price soaring past the 125 pip confirmation found at 88.750 and never pulling back to below it. This gives us confirmation that the 87.500 quarter has indeed completed, and we can expect price to continue upwards to the next Large Quarter found at our Take Profit of 89.750 which is the top of the hesitation zone, where I anticipate it to reverse and pull back somewhat.
As always, manage your risk and happy trading!
Hope for you to join us to learn soon,
ForexNick
SHORT CADJPY NOW !!After the strong upward move, CADJPY has to retrace ,So shorting now would be the best move right now but for short Tps thanks.
