Cadjpylong
CADJPY - BUYPeace, mercy and blessings of God
By breaking the trend shown on the chart, we will see the price at 80.15, God willing
We ask God for success
CADJPY facing bearish pressure from resistance | 30 July 2020Price is facing bearish pressure from our resistance where we could see a further drop below this level.
CADJPY Long Term View78.4 and 78.720 are key support zones and as long as price stays above the two zones then it is a buy, however, if we get a clear break below 78,4 then this setup will be invalidated.
CAD/JPY STRUCUTRE LONG|TRADING PLAN
The pair has reached an important support level, and has so far failed to break it.
In addition to that, the diagonal resistance line is broken, and we see a nice pullback on the 2h timeframe.
Therefore, we aim at a long.
TRADING PLAN:
1-go long at the current level
2-SL, Takes on the chart
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CADJPY LONGPin bar on 4H. Bullish bias on most time frames. Price has fallen to the daily key level, similar to where we entered this pair last time. This should be a good entry !!
Good luck 🙂
CAD/JPY approaching ascending channel support💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
CAD/JPY has been pushed down to support line of ascending channel, we expect price to go higher if rejected from this support.
Let us know what you think about this idea.
Trade safe !
CAD/JPY : Sell on Pullback Rejection Confirmationafter Pullback can strong sell in downside.
ThankYou
CAD/JPY : Sell On Pullback Confirmationwe can see lower time frame sell on pullback confirmation.
ThankYoU
CADJPY / LONG / COUPLE HUNDRED PIPSWait for price to break above resistance then buy to next resistance level
CADJPY H1 LONG PRICE ACTION FORECASTAfter the price reaching the ascending trendline, it got a rejection from the level, and it is currently struggling with a resistance zone. Now, expecting that price get enough momentum to break it on the uptrend bias, a buy order is placed with the following features.
The order:
Type: buy-stop
S/L: 30 pips - R:R | 1:2 -
T/P: aiming towards a confluence level previous swing high and ascending trendline
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Breakout pullback trading opportunity on CADJPY
Looking at the possibility of a breakout continuation trade.
79.52 is the key level to watch for to see if price holds.
As price pulls back to this level, I want to see how much it slows down. If it fails to make a significant breach below this level, it would be possible to buy into this pair.
CADJPY Long Trade PlanHello traders, here is the trade plan for CADJPY. Wait for the price to retest and show bullish setup. NOTE please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
CADJPYFX:CADJPY
Kinda messy to read but my parameters are
Entry: (Low lot size) 78.900 & 78.750
Stoploss: 78.550
Take profit 1: 80.06
Take profit 2: Open
CAD/JPY STRUCTURE ANALYSIS|SWING LONG
The current CADJPY breakout is a signal of the bullish strength and I expect bullish continuation.
There is a nice diagonal support that might guard the movement, however, the the surge up might be a quick one too.
TRADING PLAN:
IF daily candle closes above the level>> Long after the pullback.
The pullback is reasonable to expect due to almost overbought RSI.
SL and targets on the chart.
Thank you for reading, like and subscribe and have a nice day!
