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
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.
–––––
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.
Like, comment and subscribe to our TradingView Page.
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
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!
CADJPY: CANADIAN DOLLAR / JAPANESE YENCANADIAN DOLLAR / JAPANESE YEN
Buying in the area of 81.65 - 78.86
Goal 1 - 83.77
Goal 2 - 86.56
Goal 3 - 89.60
Stop, consolidation below 78.36
✅ f you like what I do, put 👍 and subscribe
Waiting for your comment, what do you think about this?
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. ]
