CADJPYMONTH candle form ascending triangle pattern good retracement and u gonna buy side first target i gave it if first target achieved then u wait for momentum candle then gonna second target be patience
Cadjpytrade
CADJPY / Short OpportunityPrice has made a bullish run towards a monthly level of resistance, after this kind of run we can look for a short opportunity
I will be looking on the 4hr timeframe for entry and then taking it to the weekly resistance level which was broken
Cad/Jpy ShortSimply
engulfing candle
Strong supply area
This analysis, according to my personal opinion, may be wrong and may be correct
CADJPY Sell Weekly ResistanceCadjpy Reach At Strong Weekly Resistance Area . We Should Sell From Resistance .It Will Go Down . Just Short It From Resistance Line .
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 Beasish Idea (Risky Trade)For the past few days, CAD showed its strength against JPY! Technically, there's a great chance to see some weaknesses in CAD for the coming few weeks! Any reversal candlestick pattern on a lower time frame will be a good sign for bearish moves on CADJPY!
CADJPY ShortMy view of CADJPY . Potential short opportunity.
This will be plain and simple. From Sep. 28th to Sep. 30th we respected the MRA (Major Resistance Area) . Although the price tried to break out of the Consolidation area , the sellers prevailed. SO! Looking at the fact we are in a Consolidation area, I expect the price to go down to our MSA (Major Support Area) . Entry is at 87.821 with a Stop Loss above the MRA and Consolidation area at 88.794 . Take profit is at MSA (85.075) . Break of mSA (minor Support Area) would confirm lower levels and continuing the move down to our Take Profit. I also made an example showing 2 possible outcomes if we break to the upside or downside.
PARAMETERS
- Entry: 87.821
- SL: 88.794
- TP: 85.075
KEY NOTES
- Sep. 28th to Sep. 30th we respected the MRA (Major Resistance Area) .
- If we break the Consolidation area at our SL , it would confirm higher levels.
- Break of mSA (minor Support Area) would confirm lower levels and continuing the move down to our Take Profit .
Happy trading!
CADJPY Weekly Forex Analysis & Trading Idea for 4th - 8th OctobeCADJPY Weekly Forex Analysis & Trading Idea for 4th - 8th October 2021
CADJPY Sell Trade Opportunity (Go Very Very Short)Nice Selling Opportunity With This Pair (CADJPY).... Counting On Trend Reversal or A Slight Pause With The Trend... SL>> Slightly Above Previous High In-case Trend Strength Pics Up & TP 1 & TP 2 Indicated By The Dotted Lines ... Good Luck!!!
CadJpy can drop from resistanceAt this moment CadJpy is trading in the strong resistance zone
A drop can happen anytime now and the target can be at the bottom of the range
A daily close above resistance would negate this scenario
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 bearish trendCADJPY is moving in a wedge and now its rejected from the topline of wedge so am expecting it to go down to the demamnd area that is lower line of wedge.
GOOD LUCK GUYS
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 Bearish Analysis (Risky Trade)For the past few days, we witnessed some JPY strengths which as a result CADJPY was pushed down!
Technically the structure is downtrend BUT WE CAN NOT IGNORE THE PRESENCE OF a SUPPORT ZONE AT DAILY TIMEFRAME!
So if we observe any reversal pattern candlestick formation at daily support zone or lower timeframes like H4 and H1, it might be a good sign for bulls dominance on CADJPY!
Zigzag Wave @ CADJPY - BUY PAIRFriends,
CADJPY/EURUSD and GBPUSD are all correlated. Compare them using Daily TF if you feel like verifying.
Am going long with multiple positions strategically trapped inside the yellow box area. You might want to you stop and limit orders.
Feel free to sit this one out if you have already opened GBPUSD or EURUSD trades. Ultimately do not trade this signal if your trading system does not allow you to risk your capital on corrective or zigzag waves.
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
FX:CADJPY
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 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 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!
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
