Cad/Jpy Avoid this pair right nowWe will now do a slightly different analysis. Pair like currently cad/jpy not very appreciative of trading. For the simple reason that the analyzes on different timeframes do not match. If we are going to look at a larger timeframe, this pair should go to a minimum of 85,500 areas. If we look at the smaller timeframe, this pair definitely goes long. So our advice is, avoid this pair right now.
Cadjpyanalysis
CADJPY long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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GWBFX
CADJPY, 4hr tf, double top pattern in play
Previously i managed to took profits on this pair for +105 pips when i first call to sell it on Tuesday.
It is now retracing back up on a nice point to enter sell again after yesterday BoC meeting.
As you can see there is a double top pattern in play and we might see another drop soon on this pair as risk off sentiment and oil price on the verge off dropping.
Sell CADJPY 86.40
Stop loss 87.00
Take profit 84.40 (3.3R)
Use only 1-2% risk
Good luck
CAD/JPY BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to waot for a confirmation!
CAD/JPY: Day-Swingtrade-Preparation
Yesterday we`ve seen the first step towards a tighter monetary policy when the Bank of Canada announced it will lower its quantative easing and so the liquidity they provide to the market as the economy improved way better than expected. Additionally, there were hints about upcoming rate-hikes, which is why the Canadian Dollar pumped very hard.
Market-Buy: 86.590
Stop-Loss: 86.100
Point of Risk-Reduction: 87.115
Take-Profit: 88.130
Stop-Loss: 49 pips
Risk: 0,5% -1%
Risk-Reward: 3,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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CAD/JPY Touch Down Trend Line And Bearish Movement Will HappenThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CAD/JPY Running In 100 Pips Profits And New Entry Added This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CADJPY, 4hr tf, more downside expected on wave-CAs you can see we're on ABC correction after completing all 5 waves.
The B is a triangle and we might see another 5 smaller waves to the downside.
You could also see that pattern as descending triangle or bearish flag, it is up to you how you see it but it should be clear as bearish continuation pattern.
Wait for price retrace around 86.70-75 before entering sell.
Sell CADJPY 86.75
Stop loss 87.15
Take profit 85.05 (4.25R)
Use only 1-2% risk
Good luck
CAD/JPY Trying To Make Head And Shoulders Pattern !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CAD/JPY BUY IDEAHey guys,
as I`m still unable to trade currently I just share some of my views and plans for you.
CAD/JPY just re-tested the trendline and could continue its trend.
Watch out for falling yields, as they could boost JPY!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
CAD/JPY New 2 Short Entries To Catch 300 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CADJPY SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity CADJPY .
I still did my best and this is the most likely count for me at the moment.
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Patience is the If You Have Any Question, Feel Free To Ask 🤗