CAD JPY Continuation Upafter breaking daily trendline i expect cad/jpy to retest the top of the 4 hour high
Cad-jpy
CAD/JPY - LongPossible long opportunity on CAD/JPY.
Price has reached support in the ascending channel. There was a small 'fake' breakout, but price held at the 200 EMA and we saw bullish momentum upward.
Following a break in the recent trend line, and signals from the MACD and RVI, I would be interested in entering a long position. Price could return to resistance where I would take profits.
CADJPY: SELLSeeing obvious Bearish activity on CADJPY.
Currently, we price is hovering around the monthly SELL level for this pair. Therefore, we can expect to enter a SELL at 81.585 to around 81.890 this week and TP around 80.768 .
We will continue to watch for more Bearish opportunities on this pair into next month (February).
CAD/JPY to the sky🧙🏻♂️The pair is creating an ascending triangle. We are buying here and aiming for the upper side of the triangle🙌🏻
CAD/JPY - LongPossible long oppotunity for CAD/JPY.
Price has reached support in which we have previously seen price reject here and gain bullish momentum.
The price may reject at the 81.40 level and head to resistance at 82.10 where I would take profits.
I will look for bullish rejection at the 81.40 level along with signals of price reversal from the MACD and RVI.
CADJPY at strong key level, looking for sells
CADJPY SELL
Start 82.050
stop loss: 82.300
take profit: 81.425
CADJPY on a double top? 🦐CADJPY tested twice the weekly resistance area.
The price, which is moving between 2 structures in a range, after the last rejection created a minor ascending channel.
According to Plancton's strategy, if the conditions will be satisfied we can set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
CADJPY - Lining up nicely for a SHORTReduced Risk Entry: Await impulse and then mark up correction before entry
CADJPY - Lining up nicely for a SHORTReduced Risk Entry: Await impulse and then mark up correction before entry
CADJPY SELL COMING?Check my chart.
I am looking forward to a strong break of trend on smaller time frame to catch an entry
CADJPY: Will Keep Falling
Hey traders,
Here is our technical outlook on CADJPY.
The level where the price is trading right now is strong
and the price will most likely bounce from that.
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CADJPYCADJPY pushed up to double top and fill imbalance.
Head and shoulders has formed to mark reversal and right shoulder is almost complete.
Looking for price to breakout and sell
CADJPY: Bearish Continuation
Here is our today's forecast on CADJPY.
Our analysis is based on current fundamental situation.
According to our drawing CADJPY reached a strong supply zone.
Based on our analysis the price will go lower.
Please, leave a comment and support us with like.
CADJPY hit a monthly trendline 🦐CADJPY has reached the monthly descending trendline.
The price is testing the support trendline.
According to Plancton's strategy, if the conditions will be satisfied, we can set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
CADJPY ANALYSISCADJPY rebounded from daily supply zone at level 80.12 with strong bearish movement
Price broke minor uptrendline
MACD shows bearish momentum
RSI broke uptrendline
It's expected price going to retest major uptrendline corresponding to key level at 81.20
