Cadjpytrade
CADJPY - BEARISH BIASCAD - BEARISH
1️⃣ Investors rushed for safety amid mounting concerns over rising coronavirus infections worldwide. Investors now await for Prime Minister Trudeau’s address to nation later in the day, where it is expected to unveil a plan to help the country recover from the coronavirus pandemic.
2️⃣ Mounting concerns over fuel demand recovery as the number of coronavirus cases continues to rise worldwide.
JPY - BULLISH
1️⃣ Investors moved into the safe haven Yen amid greater uncertainties over global economic recovery following several warnings from US Federal Reserve Chair Jerome Powell that the US economic recovery may come to a halt without additional fiscal stimulus.
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TECHNICAL
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- We are keen to sell CADJPY on SBR level + SMA100 area on H1 chart.
- CADJPY in bearish zone.
CADJPY AnalysisMy analysis on CADJPY based on COT data and market movements. Looking to go long if the markets presents an opportunity.
CADJPY H1 Analysis Based On Price Action Theory.Dear Traders Today We Have Analysis Of CADJPY H1. This Analysis Based On Price Action Theory.
According The Analysis We Can See That Market On Down Trend As Well As Price Reject on Resistance@ 79.739 With Trend line support & Market Have New Support Level@78.969 .
I Request to All Before The Trade You Also Match You Analysis With As If Your Set up Match Then You Can Trade.
CAD/JPYFor CAD/JPY the scenario is obvious, bearish. So what we should do is wait for this pair to come to the retest and get into the short position.
CADJPY - Outlook 20 Sept 2020 - Sell BiasedHi all traders,
This is a video analysis of cadjpy.
As always, i have pre-warn some nice levels within cadjpy for traders to take extra note of it.
Hope you like this video analysis.
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Cheers!
CadJpy- 80 should be soldAfter breaking the neckline support of the H&S that I ve spoken about in my previous CadJpy analysis, the pair dropped pretty quickly and reached the measured target at around 79 zone.
Now the pair is correcting this drop and a retest on 80 new resistance is not out of the question.
I will look for selling opportunities in that zone for a trade with 1:2 R:R
CADJPY H4 Analysis Based On Price Action Theory Dear Traders Today We Have Analysis Of CADJPY H4. This Analysis Based On Price Action Theory.
According The Analysis We Can See That Market On The Support Level & Price Decline(Rejection) From Support . So Behalf On That. This is Right Time To Open Buy Trade Around @80.35 With Control Volume Hold your Trade be patience achieve the Given Target🎯
I Request to All Before The Trade You Also Match You Analysis With As If Your Set up Match Then You Can Trade.
#CADJPY Buy@80.35
#Tp@81.35
#Sl @79.65
Notes- Please Take Only 2% Risk On Every Given Analysis That Means You Can Safe In Market Every Time
All The Best 🙏🏻
CADJPY / PULLBACKWe have seen a trendline break and a drop for this pair.. price is now going to pull back to one of the FIBO levels and get rejected
When that happens we can look to short this again
CadJpy- A break under 80 confirms H&SI'm bearish this pair since it was just under 81... As I expected, the pair dropped in the first stage to 80 zone and now is sitting just on the neck-line support of a H&S pattern.
A break here should accelerate losses and the measured target is 79 which I expect to be reached in the next few trading sessions.
CADJPY sell outlook for 15 Sept 2020Hi all traders,
This is a trade video analysis of CADJPY.
I have pre-warn some levels within the video for traders to take extra on it.
Take note of those levels and trade safe for it.
Happy pips as always and cheers!
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Like and share this trade idea with your friends
Thank you and have a nice day everyone!
CADJPY Long positionLet try with me a setup with a very huge Risk/Reward. Can we take profit of this trade? Let see :)
Important Rejection From CADJPY!!!To get a clearer picture of CADJPY, do take a look at your daily chart. We can see a nice rejection off 81.70 price level, where we should expect a direction from there. No break up to the upside, instead we see a BEARISH rejection to the downside which signals to us that BULLISH movement have temporarily come to a stop. I will see 80.40 support level breaking followed by movement towards 79.68 support level (0.5 fib level) where a BEARISH continuation could bring us to a second level @ 78.80. (78.6 fib level)
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CadJpy- Sell rallies is my strategyAfter almost 2 weeks since I call for a drop, CadJpy finally went down and reached my target in just one day.
As I said, 80 zone is support and I expect a correction from this point.
Rallies should be sold for a break of 80 support and a new leg down that can reach the next important support at 79
CADJPY - Sell biased for nowHi all traders,
For cadjpy , im looking as a possible H&S formation.
Any buy should only happen if it breaks above the head.
If the grey area shows any reversal or strong rejection, we should be looking to sell this pair downwards.
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**Disclaimer: All trade ideas are of my own personal view**
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CadJpy- I'm still bearishLast week I said that CadJpy could have found a top at 81.50 zone and a drop to 80 is not out of the question.
The pair is consolidating under this resistance as if is waiting for a trigger.
I maintain my bearish outlook and I expect CadJpy to drop to at least 80 zone. Also, a correction in Oil price would t hurt...
CADJPY - sell biased Hi all traders,
Im still looking to sell this pair and i will take it as a range trading for now.
So keep a good look out for this pair as this week we have some cad news and this pair is gonna be very interesting to get some nice pips out of it.
Any buy will only happen if the top of the range is broke out of it.
Cheers and have a nice day!
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Disclaimer: all trade ideas shared are only of my own personal views, it's not a financial advice, thanks!
CADJPY Bearishprice is bearish can hit lower support zone.
not shorting here will check for some harami candle if i see any good shorting setup
CadJpy- a drop in 80 zone is possibleLast Friday CadJpy has finished the day putting in a big bearish engulfing on our daily chart and also this bearish engulfing translates in a Pin Bar on the weekly chart.
Yesterday we have a Pin Bar on daily from exactly the same resistance and it looks like the pair is ready for a drop.
In conclusion, rallies against resistance should be sold and 80 zone could be our target.
CADJPY, daily tf, bearish divergence at resistanceHello my friends,
I just found an interesting setup to trade right now.
CADJPY formed a bearish divergence exactly below the 81.50-70 resistance.
This is a strong resistance in my opinion and a bearish divergence exactly at this point might push price go down.
Sell CADJPY 81.20
Stop loss 81.95
Take profit 1 @80.40
Take profit 2 @79.70
Disclaimer : I've sold CADJPY from 81.20
Use only 1-2% risk
Good luck
CADJPY - range trading for this pair till breakout happens.Hi all traders.
Im looking to trade the ranges for this pair till we have see a definite breakout for this pair.
Not the best pair to trade, but if u are doing some scalp, might consider to take some pips from here.
Cheers!
