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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!
Short
by BANDZTRADES
5
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
Long
by Kingsley_lotanna
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!
Short
by WhosPipsAreTheseAnyway
6
💡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 ❤️
Short
by ForecastCity
4
CADJPY growing from strong supportHello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. CADJPY in my view, growing from strong support. Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not a Financial Advice. Please support this idea with a like, if you find it useful have a good profit week guys
Long
by Bexi03