Cadjpylong
CADJPY HEAD & SHOULDER HEAD & SHOULDER PATTERN ON DAILY TIME FRAME
It's more likely retrace some lower than try to break the neckline.
CADJPY long trade ideaPlan: trendline and resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
CADJPY LONG FORECAST ONLY AFTER BREAK RESISTANCE ZONECADJPY LONG FORECAST ONLY AFTER BREAK RESISTANCE ZONE.
CAD/JPY possibly bullish movement. $CAD $JPYThere is a possibility of bullish movement if the CADJPY price would bounce of the support line that has already been tested 3 times in recent past.
Entry - 76.11
TP1 - 76.90
TP2 - 77.90
SL - 75.264
CAD/JPY Fakeout confirmed Lets take a look at CAD/JPY we can see that there is confirmed fakeout on 4H chart and we predict that the price is going to make a strong move up to test Resistance line.
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Good luck !
CADJPY H1 ANALYSISHello traders, we currently have a long setup for CADJPY on the H1 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go long. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel like you're learning, please give us a follow and like the post to help others like you also learn in the forex markets. Study hard!
*Disclaimer*: This trade analysis was conducted by myself and is by no means a trade signal. This trade analysis is based off my opinions and is by no means indicative of future price action.
CAD/JPY : Watch Correction and BuyWe can see continue upside short Term Move.
let see how market move.
ThankYou
CADJPY long trade ideaPlan : wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
UC Inv H&S 14:33:38 (UTC) Tue Apr 28, 2020No entry until correct rejections. Also, it's tuesday (we need some volume). This is technically not the ideal inverse head and shoulder which is a bullish reversal in a downtrend, however the technicals are there, the support and the confluences/keylevels add up so it's being posted for record.
14:34:50 (UTC)
Tue Apr 28, 2020
CADJPY LONGSHi Traders! Here is my first bit of analysis shared here on trading view. I have noticed that we have a potential inverse head and shoulders pattern here on CADJPY that also lines up very nicely with the 50% upon that right shoulder. I would be looking for a move higher from this area. Then potential scale in upon the break and retest of the neckline. Looking to take price all the way to the pattern duplication that is highlighted on screen.
CAD/JPY : Buy on the Bottom in Lower Time frame Picture are very simple and clean in CADJPY
Bigger Time frame looking lagy.
Wait for Good entry and Buy.
ThankYou
CADJPY LONGI think this might be a great setup to observe.
Disclaimer: This is only an idea and should not be taken as a trading signal.
CADJPY technically based forecast
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💡 CADJPY technicaly based idea, we can see price is bounce from bottom trend line, technicaly indicators showing we can expect recovery phase, expecting to see push up in price till top trend line. JPY today slowly losing power.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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