Cadjpylong
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.
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.
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CADJPY 78.807 - 0.19% LONG IDEA ( BREAKOUT ANALYSIS )Good Day Everyone
A look at the CADJPY pair from the 4H chart the pair has been ranging in a ascending triangle testing the 200 MA and level 79.276 looking for a break above this structure as momentum returns on the pair, but expecting the pair to continue ranging within the structure as indicated before we see more volatility on the pair . lets see how it goes
Good luck and happy trading everyone
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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
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CADJPY NEXT TRADE SETUPCADJPY is now at its strong resistance zone and according to the fundamentals CAD is expected to be strong and breach the resistance level at point 79.65. on other hand JPY is bearish as well.
This analysis is fully based on behalf on Technicals. Take the entries from this analysis only if all the rules of entry are fulfilled.
Do comment below if you need any help
CADJPY Huge Bullish Potential Back To Where It Belongs!!!!Lets look at the overall picture of CADJPY, we can see that this pair have been consolidating between 80 to 88 price level for a long time. Currently, price level is definitely below this level and from what I am seeing now, it looks like a huge fakeout movement away from the S&R that it obeys closely to (Bold Lines). We can already start to see a formation of a higher low and what I will be seeing is a bullish movement to 81.67 where I believe we will see a rejection once again, thus causing price level to retest the strong support level @80.40 (back to consolidation phase). After which, I will see a continuation bullish movement to test the strong resistance level @84.95. As of now, this is looking like a nice risk to reward trade opportunity!!!
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CADJPY - SWING - 13. JULY. 2020Welcome to our weekly trade setup ( CADJPY )!
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1 HOUR
Bullish price action and break above main sr level.
4 HOUR
Overall strong waving market structure, good long entries.
DAILY
Price at its low about to push up now..
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FOREX SWING
BUY CADJPY
ENTRY LEVEL @ 78.880
SL @ 78.450
TP @ 79.500
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
CAD/JPY Long When Market OpensGood day, snipers. Here in the CAD/JPY we are in an overall uptrend, so I would only be looking for long setups here. As you can see, price rejected the previous support with a red candle and a long wick closing above that support zone. Also, price seems to bounce off the minor resistance level which happens to be the 38.2% Fib Level, too.
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