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Cad-jpy

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.
Short
by InkyGrip
14
The rise of CADJPY continuesSince the beginning of November last year, we have an upward movement of H4 at CADJPY. Earlier this week, the price reached its high points from December, testing and holding them without being able to break them. Before making a new attempt we see that a triangle is formed on H1, which is broken and now with new forces it will try to break the previous peak! An additional confidence that it will succeed is the fact that we see higher bottoms all the time! In case of a break we expect the price to reach: 82.30 82.50 83.40 If you do not engage in the break, you can wait for a test of the already broken peak. If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
Long
by ForexTrendline
2
Further Upside on CADJPY as 81.7 Resistance InvalidatesQuite a few Signposts on my chart as I've been monitoring this pair for quite a while. 81.7 was a structural resistance, which we'er seeing that it's no longer holding. Quite a few sellers were recently trapped, which is a good sign that we probabilistically can expect further upside. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
Long
by FinancialGamblR
4
CADJPY Holds Below 81.4 ResistanceAnchored notes on chart outline key details. If this level holds, there's a good R-multiple trade here. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
Short
by FinancialGamblR
POTENTIAL SELL ON CADJPY??Hey traders, I hope you have had a great start to the week. As you can see from my chart, CADJPY had broken and closed below the support trend line (A) of the bearish flag. Price had created a support level (B) below this trend line and is being respected as of now, if this support level (B) is broken we can expect CADJPY to continue to drop further. If you find this idea helpful... Leave a like as it is much appreciated👍 Follow for future ideas❤ Comment below on what you think🗨
by fxpays
13
Cadjpy if continues to weakenLooking at a flag breakdown to short on cadjpy. Let's see how things play out. As long as this pattern continues between 1.76-1.79, no clear direction it is to just trade the range on h4 and lower TF. If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Short
by Shadowing_The_Big_Boys
The CAD/JPY surrenders to the stability of the resistance The CADJPY pair attempted to form some correctional bullish trades recently, while the stability of 81.05 resistance blocks the bullish attempts and reinforces the chances of renewing the negative attempts. Note that it is important to gather the additional negative momentum to manage to crawl below 80.50 level and open the way to record the main negative targets by reaching 80.05 and 79.60 levels. With Risk Management you will Never loss. thank you
Short
by Ridethemacro