CadJpy sell trade Long term trend resumeHi there,
Price making LL and LH again , it came to 78.6% fib level. There divergences as well.
Small risk and large gain possible.
161.8 fib extension is the exit.
Good Luck! :-)
Cadjpytrade
CADJPY In Selling ZoneCadjpy Is near to trend line support+ 200 Days EMA and near to important support. Risk Reward Ration is 1:1
CADJPYCAD JPY RESISTING ON FIB LEVEL 71.00% WAITING FOR RE-TRACEMENT THEN WE GO SHORT
RESISTANCE LEVEL: 83.310
TARGET LEVEL: 82.320
CAD/JPY: Buy & Sell Trade setup !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
CADJPY tested previous swing low support now its resistance.CADJPY tested previous swing low support now its resistance.
CADJPY bearish speculationExpecting bearish movement FX:CADJPY if we break the bearish flag. lets wait and see !
CADJPY BASELINE CHARTSEEING THE TREND BE HIT AND THE RETEST ALREADY DONE.
LOOKING FOR THE FALL AND THE TEST IN BETWEEN THE ZONES OF 82.961 AND 82.899
LOOKING FOR THIS PUSH DOWN RIGHT IN BETWEEN THE 61.8 AND THE 78.6 AREA.
CADJPY came to resistance zone. CADJPY came resistance zone. It is actually formed tweezer top candlestick pattern. And fibo 50% retracement.
CADJPY - SELL THE BREAK - DONT MISS ITSee previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
#CADJPY rise has come to an end?We think that the recent advances in cadjpy have come to an end for several reasons
1. The previous weekly candle is a Doji candle that means it can indicate a reversal of a trend.
2. The price of cadjpy is currently close to resistance called Senkou Span (Ichimoku indicator)
3. In the daily chart, the cadjpy rose until it touched a moving average 200 and failed to break above it and started to fall a sign of weakness
Sell CAD/JPY:
Entry Price: 84.17
Stop Loss: 84.65
take Profit: 83.00
CADJPY - HOW TO TRADE THIS PAIR THIS WEEKPLEASE WATCH OUT FOR THE BREAKS IN THE TREND LINE BEFORE YOU ENTER.
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
CADJPY LongSetting up buy stop order @83.419 with TP @84 (61.8 fib line) and SL @83 to take advantage of recovering oil and recent weaker JPY.
Daily:
Weekly:
Confidence: A (need to monitor or close this position before the preliminary GDP news for JPY on Thursday)
CADJPY - DROP - DONT MISS ITSee previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
BuyIMPORTANT
use position size calculator, do not risk more than 1%
move SL slightly below 2-day low as soon as new D1 candle closes
