Cadjpylong
cadjpy will be going long once price is cross 81.047once cadjpy cross 81.047 will form a new higher level .
cadjpyWhile CAD/JPY rates are still hovering below resistance that is constraining a breakout.it’s too soon to say that the CAD/JPY bullish breakout attempt has been denied. It remains true that clearing 81.58 and 81.91 would be strong indications that CAD/JPY rates were embarking on an earnest bullish breakout attempt… CAD/JPY rates are starting to regain bullish momentum.While the CAD/JPY chart suggests more patience is required, traders should be on alert for another attempt at parallel channel resistance in the 81.58 to 81.91 zone in the next week or two.
CADJPY is approaching support, potential bounce Price is approaching support where we could see a bounce above this level. Stochastic is approaching support as well.
CADJPY Hourly structureThis pair is in a bull run. It is currently at its reset point to continue going up.
Great time for buy -cadjpyWooow the great
Sign for cadjpy
Day candle perfect spin
Confirmation for today
Candle finished for bullish
Ready for long term but
Aim 84 ..
Buy small lot to get big
Thanks if u like this please push
CADJPY is approaching support, potential bounce Price is approaching our support in line with our horizontal pullback support, 50% fibonacci retracement and 61.8% extension where we could see a bounce above this level. EMA and Ichimoku cloud are showing signs of bullish pressure as well in line with our bullish bias.
CADJPY BUYHello traders
We reached a former resistance zone which appears to be turning support. Look to buy around the 80.2/80.1 region.
If we break through 82, we might see a bigger movement on the upside else we'll test 81.7 and see quite a bit of retracement.
What do you guys think? Let me know in the comment section. Like and share this idea if you find it useful.
CADJPY BULLISH TRENDLINE AND SUPPORTWe can see that the prrice has reached the horizontal line support and trendline support
CADJPY is approaching first support, potential for a bounce!Price is approaching our first support at 81.403, which is in line with our 127.2% Fibonacci extension and horizontal swing low support. It could potentially bounce from first support and rise further to our first resistance at 81.727, in line with our 50% Fibonacci extension, 50% Fibonacci retracement and horizontal swing high resistance. It is also worth noting that price is now above the EMA (55) and the ascending trendline, which shows bullish analysis in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADJPY - Slow PacedI took this trade with the team earlier today but the lack of market volume means we haven't got very far. I am hoping for a strong clear move to the downside, I will update you on the progress.
CAD/JPY BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation! As always we will have to wait for a confirmation!
CAD/JPY: Daytrade-Preparation
Market-Buy: 81,575
Stop-Loss: 81,340
Point-Of-Risk-Reduction: 81,790
Take-Profit: 82,090
Stop-Loss: 23,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,22
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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CADJPY is testing support, potential for a further risePrice is testing our first support at 81.549, in line with our 100% Fibonacci extension, 61.8% Fibonacci retracement, and horizontal overlap support. It could potentially bounce from here and rise further to our first resistance at 82.121, in line with our 61.8% Fibonacci extension and horizontal swing high resistance. It is also worth noting that the Ichimoku cloud is also showing bullish pressure in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADJPY is facing bullish pressure | 10 Dec 2020Price is facing bullish pressure where a break above our upside confirmation level could see a further upside
CADJPY - Bullish BiasCAD - BULLISH
1️⃣ Hopes that a coronavirus vaccine could be used soon and oil prices at the support level of $44 a barrel.
JPY - BEARISH
1️⃣ The upbeat market mood undermined the safe-haven JPY, as investors digested positive coronavirus vaccine news.
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Technical
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We are looking buy the CADJPY above the RBS + above the SMA 50 on the H1 chart.
CADJPY is facing bullish pressure, potential for further upsidePrice is facing bullish pressure from our ascending trend line where we could see a further upside above this level to our first resistance target. A break above our upside confirmation level would provide the bullish acceleration to our first resistance target.
