CADJPYCAD JPY RESISTING ON FIB LEVEL 71.00% WAITING FOR RE-TRACEMENT THEN WE GO SHORT
RESISTANCE LEVEL: 83.310
TARGET LEVEL: 82.320
Cadjpytrade
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
CADJPY - catch the move up & its ReversalCADJPY is approaching its resistance at 82.057 (0.618 Fibonacci retracement) where it could potentially reverse to its support at 80.540
EMA 21 & EMA 55 both crossed over signifying a move up.
A break in the black trend line leads us back to its support of 80.540
See previous analysis
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
CADJPY testing support levelsRespected followers, as we can see that CADJPY is testing its support levels 3rd time. On the current level we can assume that market will go up from here to defined take profit.
CADJPY FINALLY BREAKING DOWN OUT OF WEEKLY BEAR FLAG.1. Price action has broken out of bear flag (with strong volume) and retested previous support.
2. After which Price action broke down again at the 0.618 fibs and broke out of the weekly bear flag and is retesting the weekly bear flag trend line again.
3. Clear short and good probability trade, will be looking to add on size on this one.
CADJPY - ARE YOU READY?CADJPY has HIT the Fibonacci retracement
level of 0.618. there is a possibility this could
go down to 0.236
thou Stoch RSI has gone into oversold territory
so the pace is gathering for a nother turn up.
be ready to jump in
See previous analysis
like, comment and follow
CAD/JPY Technical Analysis!CAD/JPY is currently on daily trend line, i have also added a supply and demand zone where a possiblity of a further drop can happen but i am looking for it to bounce for a buy OANDA:CADJPY
CAD/JPY is bullish on 4h chart!!!I see some bullish divergence at rsi and macd both also bullish signals on the daily chart too.
Trade with less leverage (5x, 10x) because i made my analysis for long term
Profit Targets:
86.855
87.740
88.250
Stop loss:
84.600
Have a nice day,
Berk
