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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.
Short
by trendtrader
1
CADJPY 4HR ANALYSISHello Traders I'm here with a new forex idea and analysis, Kindly share your LOVE by giving me LIKES and COMMENTS. Share with more traders like you. Follow me for more. Thanks in advance. CADJPY 4HR ANALYSIS Please support this idea with a LIKE if you find it useful. Thank you for reading this idea! I hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not Financial Advice.
by Daily_Price_Action
CADJPY IN CONSOLIDATIONHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair is in consolidation mode ranging between its support and resistance level. One should wait for its breakout Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us. Ryan.R..Lopes
by Ryan_lopes
CADJPY LONG! A Look at Daily Good news First: 1. Pair is trading at multiple Buy-Zones. --For Long position to fully execute, Cad HAS to be stronger than JPY, preferably on all time-frames (something to eye) Notably also is price battling a deep trend-line-- Otherwise, We Are Good To Go! Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Long
by legacyliked
1