CADJPY Long Clear consolidation, can expect price to break to previous swing high point. Small personal trade.
Cadjpylong
CADJPY - Bullish BiasCAD - BULLISH
1️⃣ Boosted by a rise in oil prices and hopes that a coronavirus vaccine may be available soon.
2️⃣ Canada's retail sales rose by 1.1% over a month earlier in September, beating market expectations of a 0.2% increase.
JPY - BEARISH
1️⃣ Japan reported 2,168 new daily cases of infection on Sunday, a day after marking a record high for the fourth day in a row.
2️⃣ Improving in risk sentiment weighing on the JPY.
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Technical
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We are buying the CADJPY above the support of 79.400 + above SMA 50 on the H1 chart.
CADJPY - BUY - NOVEMBER 23, 2020Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
cad/jpy buyhi traders,
price has broken out of a decending triangle now. Price should continue up to the 0.5/0.618 fib region
lets see
CADJPY Long!!CADJPY
Entry buy-stop , 79.700
Stop-Loss, 79.200
Target
R1, 80.200
R2, 80.700
#R3, 81.200
SL-50
Risk1%
CADJPY 80.84 + 0.14 LONG IDEA * BREAKOUT & CONTINUATIONHEY EVERYONE
Here's an update on the CADJPY which wasn't triggered in the previous analysis see attached idea on the pair, the is currently trading in a symmetrical triangle after this consolidation looking for a break above of structure which will trigger the trade.
As always higher time-frames for direction and whats happening in the overall chart and lower time-frames for entry opportunities.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET THE WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
📢CAD/JPY Long Opportunity 👍This pair has just started a correction, there's a good chance this pair will head higher. It's on the watchlist 👀👀
CADJPY - Bullish BiasCAD - BULLISH
1️⃣ Positive industrial production in China boosted the oil prices.
2️⃣ The rising in oil prices support the CAD.
3️⃣ CAD benefited from the risk-on tone.
JPY - BEARISH
1️⃣ Investor cheered as 15 Asian Pacific nations signed one of the biggest free trade deals in history, covering 2.2 billion people and 30% of the world’s economic output.
2️⃣ The risk-on tone weighing on JPY.
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Technical
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We are buying the CADJPY at a support level of 80.200 on the H1 chart.
possible increase for CADJPYI see good increase for Canadian Dollar by the starting of next week, also I suppose Japanese Yen will decrease by comparison with other pairs
CAD/JPY BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. as always we will have to wait fora confirmation!
CAD/JPY: Daytrade-Preparation
Market-Buy: 80,940
Stop-Loss: 80,500
Target 1: 81,410
Target 2: 81,670
Target 3: 81,980
Stop-Loss: 44 pips
Risk: 0,5% -1%
Risk-Reward: 2,40
www.trading
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Peace and good trades
Irasor
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Any questions? PM me. :-)
CADJPY - Bullish BiasCAD - Bullish
1- The rising in oil prices support the CAD.
JPY - Bearish
1- COVID-19 vaccine pressured the safe-haven currencies such as JPY.
2- Risk-On market sentiment.
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Technical
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We are buying the CADJPY because it was retraced in the previous session and to test the RBS in H1.
cadjpy inverted head & shoulderscadjpy formed an inverted head & shoulder so a break above neckline will be a nice opportunity to buy.
CAD/JPY LongI entered a long position here. I like the risk to reward. Price is at a strong Daily resistance. Showing some momentum to the upside.
