CADJPY | UPSIDE RALLYCADJPY has been in a bullish trend. The pair have been taken support from 50% fib level.
One can attempt a long position with SL taken below 50% fib level.
Trade your level accordingly.
Cadjpyshort
MY VIEW ON CADJPYhello guys, t his is my insight on CADJPY, from H1 point of view the price broke the daily trendline and retested it then in H1 it formed head and shoulder chart pattern which is a strong selling signal, not only that but also it has broken minor trendline in H1 and it retested both the trendline and the neckline of the head and shoulder pattern, hence this gives us a clear selling signal.
CADJPY SellMy Bias is to the down zone as a 4-hour and daily zone exist above in a downtrend. Price has also just broken support. I'll be looking for an hourly close below support and/or the next 4-hour candle. CADJPY is volatile and can very easily wick back up. Let's see what happens. A perfect scenario obviously is a break and retest.
CADJPY SELL ANALYSISLooing at CADJPY on 2h timeframe
We looking for a possible SELL/SHORT position
We looking for a possible downward at this phase
CADJPY SHORTCADJPY analysis update and I’m seeing it’s going to move for +120 PIPs to the downside ✅
CADJPYHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
CADJPY view with smart money concept
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit day guys
CADJPY short /Triangle/Heading to Triangle E
SL 106.231
TP 104.186
Please follow if you want more
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading
CADJPY SHORT - BEARISH TREND REVERSAL!Waiting for a pullback into 105.722 or a break and retest of 103.470 to short CADJPY back down to swing lows 101.659.
If you agree drop alike and if you have any questions leave a comment! :)
Cadjpy Looking for SHORTS.....Am waiting for the breakout of the denoted level and retest for entry short .....
Targets on chart. Like & Subscribe.
Long on CADJPYWe are exploring the possibility of going long on CADJPY and breaking the level, giving us a space of 80 - 100 pips upward movement. The trading idea that we have prepared for you has the following parameters:
CADJPY BUY @ 103.77
TP: 104.574
SL: 103.440
SHORT ON CAD/JPYBreakout of rising wedge cad is currently the weakest currency and yen is the strongest. t
CAD/JPY Next is Bearish ImpulseImpulse - Correction - Imp..lse
Our goal is catch to next bearish impulse
We are waiting conformation correction at white area
💡Don't miss the great sell opportunity in CADJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (105.56).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 47.
Take Profits:
TP1= @ 104.99
TP2= @ 104.22
TP3= @ 103.54
TP4= @ 102.00
TP5= @ 100.82
SL: Break Above R2
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CADJPY SHORT ZONELook at the Liquidities decreasing but the pricing up
2nnd - The pattern of HSR - almost same as QM pattern!
Follow the stratergy - Manage the Risk and Rewards
CADJPY SHORT - TREND REVERSAL!Waiting for a 3rd drive into resistance at 105.841 and if we fail to break will look to short CADJPY back down to the swing low target at 101.652.
If you agree drop a like and if you have any questions leave a comment :)
CADJPY Selling PressureCadjpy broke the market structure to the downside, I anticipate that price will accquire all of the liquidity marked on the chart.
CAD/JPY Short 4RRYesterday @ 10 AM I entered a trade with 2RR for prop account and actually forgot about it. This morning when I woke up it was the first thing I remembered and immediately ran to the PC to set stop to 4RR but was too late and trade took profit. My point is your system should work for you when you see a trade take it and stick to it !
CADJPY are you about to meet new Highs?Hello traders. based of the uptrend structure that was created its clearly seen the probability of meeting new highs. I'll keep my eyes on this one to see how it comes out. Candlestick pattern, Exponential moving average, support and resistance and Price action are the confluences of this trade setup.
