CADJPY, Retesting Breakout, LongCADJPY, Retesting Breakout and has a strong Support... Watch out Friends!
Cadjpytradingsetup
CADJPY, Shooting the moon and the stars, longCADJPY has an idea to go for long;
+ Bullish Divergence
+ Strong Support
+ Breakout Trend Line
cadjpyWhile CAD/JPY rates are still hovering below resistance that is constraining a breakout.it’s too soon to say that the CAD/JPY bullish breakout attempt has been denied. It remains true that clearing 81.58 and 81.91 would be strong indications that CAD/JPY rates were embarking on an earnest bullish breakout attempt… CAD/JPY rates are starting to regain bullish momentum.While the CAD/JPY chart suggests more patience is required, traders should be on alert for another attempt at parallel channel resistance in the 81.58 to 81.91 zone in the next week or two.
CADJPY and absolutely Massive SHORTThe CAD being the worst G10 currency Canadian funds are bailing out of anything CAD denominated, an mass!
CAD/JPY: SHORT trade setupmake sure to take partial profits at 80.75/85 area and lower the STOP into the money
good luck !!!
CAD/JPY Buy Opportunity, Next Target 82.50 CAD/JPY BUY NEAR @80.20/40 PRICE ZONE
SL: 77.70
TP: 82.50
CAD/JPY: short TRADEall options gathered, TRADE generated
as the latest price action suggest topping process, the wide stop is to avoid from getting caught in a spike in case happens.
you may consider closing only a portion at the target and let some to run lower than the target of this TRADE
good luck
Simple & Profitable Strategy for a Sell Opportunity on CADJPYTrade Idea:
This pair is in an overall downtrend, so my bias is favouring sells than buys. I'm looking for a break of the yellow trend line (Conservative Entry) and/or a retest of the orange RSI trendline (Aggressive Entry) to enter a sell towards the projected TPs.
Technical Analysis:
* This pair has break the short-term support now resistance zone, and its now retesting the S/R zone.
* Price has a slight bounce from the 200EMA and EMA14/21 is acting as resistance.
* A bearish rejection candle confirming my bias and rejecting from the short term S/R zone.
* RSI 14 (hlc3) has broken the upward trend line and is retesting that trend line, the RSI 14 is also below 50, indicating that sellers are gradually taking over for this pair.
*Please note that any trades you decided to take are of your own risk. All trade ideas published here are for informational purposes only and are my personal trades.
CADJPY CRAB Pattern. Possible downsideCADJPY as formed crab pattern on daily chart and looks like possible shorting opportunity.
CADJPY ANALYSIS !!!!thus is my view on this pair. if you see it different please comment so we can discuss
CAD/JPY, we can Return back Up to 80If the price will Break and Retest this resistive horizontal Level, it would be a good sign for buyers to take long entry with low risk, and potential profit would be many times bigger.
Trading Pathways Analysis of CADJPY H4 Chart
The outlined white arrow pathway is the predicted pathway that the CADJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where CADJPY will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
Cad/JPY Adam EVE pattern detectedPossible next move for CAD/JPY is upward, but before going long wait for it to successfully break the neckline and once broken lookout for the targets
CADJPY - Potential Setup (SUPPLY & DEMAND)I personally missed the touch into the FRESH DEMAND , but we could still potentially get an entry on a break & retest of this resistance level for 40-50 pips.
Let's see how this plays out. Please follow me if you enjoy supply & demand or trading levels!
Canadian Dollar / Japanese Yen CADJPY to BUYRSI signalling oversold area.
Market forms a double bottom to signal trend reversal.
Market will BUY.
Warning; Trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.
long CADJPYwe had good first impulse to the upside and now we going through correction. As soon as we break the trend line and find good price action we will enter.
please trade with good risk management.
CADJPY bearish speculationExpecting bearish movement FX:CADJPY if we break the bearish flag. lets wait and see !
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
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
