Cadjpysetup
CAD/JPY SETUP Sell & BuyChart is an expectation of market setup via harmonics. Also good to observe that market formed a double top between A and C which is considered a sell signal.
Market already selling from/on target C. You can join the sell to D as there still money to be made.
There may be some retracement up before market gets to D. This will be good for entry to D;
* Chose your entry point wisely via indicators, etc.
* Note - Sell TP2 at target D in pattern.
If market hits target D then;
* buy breakout to upside.
* Note - TP1 on buy = TP1 on sell
Considerations on where to collect profit;
* Pattern completion can sometimes be annulled after TP1 of sell from target C.
* Pattern D breakout can sometimes finish its run at TP1.
DISCLAIMER;
Trading carries risks, ideas are for guideline purposes only.
Do set stop losses when trading & be generous with how much room allow for candle wicks.
There is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
* Do check related ideas below for those I've guided.
CADJPY Harmonic BAT Analysis and StrategyThis pair has completed a bearish bat pattern on the 4 hr chart which signaled us to sell with our take profit are set at the green zone. FX:CADJPY
CADJPY In Selling ZoneCadjpy Is near to trend line support+ 200 Days EMA and near to important support. Risk Reward Ration is 1:1
CADJPY tested previous swing low support now its resistance.CADJPY tested previous swing low support now its resistance.
CADJPY BASELINE CHARTSEEING THE TREND BE HIT AND THE RETEST ALREADY DONE.
LOOKING FOR THE FALL AND THE TEST IN BETWEEN THE ZONES OF 82.961 AND 82.899
LOOKING FOR THIS PUSH DOWN RIGHT IN BETWEEN THE 61.8 AND THE 78.6 AREA.
CADJPY - SELL THE BREAK - DONT MISS ITSee previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
CADJPY possible short on 4HPair is approaching resistance zone and might reverse current bullish momentum.
CADJPY - HOW TO TRADE THIS PAIR THIS WEEKPLEASE WATCH OUT FOR THE BREAKS IN THE TREND LINE BEFORE YOU ENTER.
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
CADJPY - DROP - DONT MISS ITSee previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
CADJPY - catch the move up & its ReversalCADJPY is approaching its resistance at 82.057 (0.618 Fibonacci retracement) where it could potentially reverse to its support at 80.540
EMA 21 & EMA 55 both crossed over signifying a move up.
A break in the black trend line leads us back to its support of 80.540
See previous analysis
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
CADJPY short with multiple trading entries.CADJPY broken trendline and came back to retest it which gives us good opportunity for trend continuation A) entry now with around 90-100 pips stop loss or B) wait for the break of another support and pullback. Let's see how it's gonna look on sunday open.
CADJPY testing support levelsRespected followers, as we can see that CADJPY is testing its support levels 3rd time. On the current level we can assume that market will go up from here to defined take profit.
CADJPY - ARE YOU READY?CADJPY has HIT the Fibonacci retracement
level of 0.618. there is a possibility this could
go down to 0.236
thou Stoch RSI has gone into oversold territory
so the pace is gathering for a nother turn up.
be ready to jump in
See previous analysis
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CADJPY - COMING UPDATE NEXT 48HOURSCADJPY seems to be creating a sort of
ending diagonal. this should give some SELL
opportunities.
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
CADJPY SELL OUT - NOWJOIN THIS NOW WITH SL JUST ABOVE THE BLUE LINE
I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
CADJPY -SELL BEFORE THE NEXT BULL RUNCADJPY has broken the Fibonacci retracement
level of 0.618. i am expecting this to down to 0.382
which will intersect with the blue support line i have down
thou Stoch RSI has gone into oversold territory i am still expecting some more fall before a bounce back
this will be a strong buy after the final retracement
See previous analysis
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CADJPY {Upcoming Move}CADJPY is in that area where there will be a nice move coming. Looking to see if price continues to be respected back to upside, or a break lower for a retest to sell back down to next zone. Obviously momentum is moving downside, so it would be better to take sell positions until otherwise. We are also sitting on the 61.8 retracement.
Be patient and wait for the market to show you which way it wants to go. Don't jump the gun.
CADJPY UPDATE - GOING DOWNi am expecting this to go down to the line. once there, will update again
thanks
see previous below
