Cadjpyanalysis
CADJPY SHORTS 📉📉📉📉Expecting bearish price action on this pair as price made a shift in the market strucutre from bullish into bearish, retraced back into a bearish orderblock on h4 + imbalance fill and rejected from there with a nice h4 bearish closure. I think we go for another leg to the downside.
What do you think ? Comment below..
#CADJPY Double Top #CADJPY Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze #cadjpy a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
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CADJPY (Canadian Dollar/Japanese Yen) Currencies Analysis 05/04/Earlier Neutral Analysis:
now we are having more clear vision over this Instrument with more clear Bearish Divergence with MACD which is the sign of trend reversal,
we may have some retracement to the lower Fibonacci Retracement levels of 50% and 61.8%, or so called Fibonacci Golden Zone
we can have our Stop Lose above the Resistance levels
CADJPY Short (Daily/Weekly Analysis)CADJPY rejected an important Daily/4H resistance level after faking-out above it (which corresponds to a Weekly/Monthly wick) the SL will be put to break-even when price reaches 90.240 level, as it has acted as a strong support/resistance in the past and price could bounce up from there. The Final target is 87.800.
CADJPY LONG OPPORTUNITYHey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for CADJPY for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND?
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
Short CADJPY -JPY looks strong (20 Dec, 2021)With the exception of USDJPY (it looks a bit tricky) all JPY crosses are giving clear bearish signals.
I am looking to take a short on CADJPY. The support at 88.30 has been convincingly broken. This happened on 30th Nov as well but subsequent bullish recovery attempts were quite weak by comparison. I believe that after a retest of this previous support, we will see a bearish continuation of the trend that began in late Oct.
Price is once again below the 200 DMA and that by itself is a bearish sign. An entry near 88.30 would permit a small stop loss and first target would be above 85.10 - a nice 3R trade opportunity. The next target lies below at 82.00
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CADJPY BEAR RALLY RUNNING SUCCESSFULLY.CADJPY is currently running in massive profit, this was my gift to many following my work, I hope you all stayed loyal to the signal and are bagging successfully.... with over 100 pips stuckinprofit, i will be closing partial profits and let the remaining positions run to final target, if you are currently bagging this pair, leave a comment below.. merry Christmas in advance.
CADJPY APPROACHING FIRST TARGET CADJPY currently running in profit and approaching first target for 90 pips, all positions has been secured in profit by moving stoploss to entry position, price running in profit with no single drawdown and we are all stuck in profit, i am forever grateful to anyone on this train with me...
CADJPY SLOW PROGRESS IS SUCCESSCADJPY is the ultimate signal for the week and its free........
price is currently playing nicely and running in profit, looking for a huge dump today hopefully as price is stuck in profit with over 10% already.. if you are currently stuck in profit, leave a comment below. everybody eats.