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Cadjpylong

CADJPY ANALYSES DAILY CHART: Price seated at the main resistance and it looks like it´ll respect it. I used as tool the ABCDX triangule and it definitely forms a bullish pattern BUT we need to look for a entry confirmation to the upside! RSI is neutral, but if you watch closely, the 50/20 EMA are crossing each other which means a possible bullish strengh. Personally, I will wait for a candle to cross the 50/20 Ema and forming a bullish engulfing. If all this confirmations match at a certain time, that´s a bullish move for sure untill the next resistance . 4H CHART : At this moment, the price is re testing he support line and IF NO BREAK, we should wait for a bullish candle pattern, like a morning star, bullish engulfing.... etc . 30 min CHART : Formation of a bullish pattern go google it Trade what you see and good luck yall !
by VISION7X
CADJPY H4 LONG PRICE ACTION FORECAST After a deep correction suffered by this pair, price action was able to find rejection from the ascending trendline, in confluence with the Fib level 5.0 from the realm of D1. Now in a closer look from H4 price, maybe currently forming a bearish pin bar signaling rejection from buyers, the bullishness in the pair could be confirmed by the MACD divergence and diminished bearish momentum about to create a buy signal. If price continues its uptrend bias, a buy-stop entry could be placed, with the following features: The order: Type: buy-stop. S/L: 59 pips - R:R | 1:2.5 T/P: previous top from a kind of right shoulder.
Long
by OGFXTRADER
CADJPY H4 LONG PRICE ACTION FORECASTWith the price action in consolidation bouncing from a strong support level, not only in H4 but also against the Fibonacci level 50 from D1, we could expect a bullish breakout. To capture this uptrend continuation, a long entry is placed as a buy-stop, with an E/L that allows enough buffer for price action to move with freedom. Although the long setup is forecasted, a bearishness pressure is hovering the pair. MACD is showing a strong diminished bullish bias, that may bring the price action to break the consolidation area for a renewed bearish momentum. Price in consolidation. The order: Type: buy-stop. S/L: 65 pips - R:R | 1:2 - T/P: aiming to previous high
Long
by OGFXTRADER
2
Decision time for CAD/JPY Let's take a look at CAD/JPY on 4H chart. We can see that price saw bullish price movement and broke key resistance. After breakthrough price vent higher, however this week price saw bears and now is back at old resistance line (now support). We are going to look for Long positions if we will see price bouncing of the new support line. It is important to mention that Stochastic shows us that price is overbought. Let us know what you think about this idea and don't be shy to leave a comment as we always try to reply to them :) Don't forget to follow us here and like our ideas as it helps to grow our channel. Good luck !
Long
by UnknownUnicorn3249870
2
CADJPY Bullish trendAll technical factor pointing upwards, My target is 82.981, Im taking this trade, like if you agree. Disclaimer - Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Investments in foreign exchange speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate. The leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. It is for this reason that when speculating in such markets it is advisable to use only risk capital.
Long
by taufik8888
CADJPY Blasting to Space....STRONG BULLISH TREND!!!Currently, we can see CADJPY is at a rather strong BULLISH momentum uptrend. So, what will we potentially see??? For now, I will see CADJPY heading towards 100% Fib level, also there will be a strong resistance level there @84.95. As of now we can see 61.8% fib level is being broken and I see it heading towards 81.68 price level before we see a small bearish retracement back to the 61.8% fib level followed by a continuation of BULLISH movement. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Long
by YGForex
CADJPY Possible H&SHi Traders, here is the full Update Analysis / Breakdown for CADJPY. Please Press Like and follow!! Keep this pair on your watch-list. Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more Analysis like this! 5.Always Be reactive & Not Predictive ! A like and a comment will create more Free Analysis & Forex Education. Your Support is Appreciated! See You in the next Educational Video / Analysis Global Fx Education
Long
by Global_Fx