CADJPY sell my analysis shows cadjpy hitting top resistance line twice whilst hitting 2 support lines along the way.
If it is still following trend then the current sell should hit resistance line number 1 and continue on a straight path.
Possible 20+ pip profit if entered market now.
if entered at top resistance line with a sell action, and a take profit placed at the 1st resistance line, 88 pips could have been made.
congratulations to anyone who entered at top resistance line and rode the wave down!!
Cadjpysell
CADJPY - FOREX - 27. NOVE. 2019Welcome to our weekly trade setup ( CADJPY )!
-
1 HOUR
Bullish pressure without pullbacks
4 HOUR
Bearish waving market in upside wave right now.
DAILY
Overall bearish market in a pullback, great short entries!
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FOREX SETUP
SELL CADJPY
1ST ENTRY @ 82.060
2ND ENTRY @ 82.260
SL @ 82.630
TP @ 81.430
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
CADJPY - FOREX - 18. NOVE. 2019Welcome to our weekly trade setup ( CADJPY )!
-
1 HOUR
Bullish price action and pressure.
4 HOUR
Bearish waving market structure with a pullback.
DAILY
Looking for another push to the downsite, great short entries now!
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FOREX SETUP
SELL CADJPY
1ST ENTRY @ 82.230 (Wait for trigger)
2ND ENTRY @ 82.390
SL @ 82.680
TP @ 81.740
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
CADJPY reversed from resistance, potential drop!
CADJPY reversed off its resistance at 82.880 where it could potentially drop further to 81.885.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CADJPY reversed from resistance, potential drop!
CADJPY reversed off its resistance at 83.180 where it could potentially drop further to 81.885.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
ANALYSIS ON CADJPY - NEXT COUPLE OF DAYSANALYSIS ON CADJPY.
Welcome to my analysis
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1 Hour CHart
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Interesting Point of interest In the CADJPY pair.
- Price above the 200 day EMA.
- Watch top for Sell.
- Expecting more downward momentum.
- Watch for breakout to the downside.
- MACD showing bearish divergence
Stay Tuned
CADJPY approaching support, potential for a bounce!
CADJPY is expected to drop to 1st support at 79.800 where it could potentially react off and up to 1st resistance at 80.791.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CADJPY approaching support, potential for a bounce!
CADJPY is expected to drop to 1st support at 79.800 where it could potentially react off and up to 1st resistance at 80.791.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CADJPY reversed from resistance, potential drop!
CADJPY reversed off its resistance at 81.685 where it could potentially drop further to 80.900.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CADJPY reversed from resistance, potential drop!
CADJPY reversed off its resistance at 81.685 where it could potentially drop further to 80.900.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.