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Cadjpyshort

CADJPY AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. targets: 87.35 - 86.7 - 85.9 after first target reached move ur stop to breakeven stop:~88.4 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 4.5 risk is justified Good luck everyone! Follow me on TRADING View, if you don't want to miss my next analysis or signals. It's not financial advice. If i help you TO EARN SOME MONEY i will RLY VERYVERY appreciate for ur donat! Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions(PM to me).
Short
by trytofeelpositive
CADJPY TO 81 if 78.6% FIB RETEST BREAKSHowdy! Hope everyone is all well and safe during the pandemic. My thoughts on CADJPY are that it has made a decent comeback towards 87.6. I can see a head and shoulders forming and the chart is approaching very strong resistance at 88. I am anticipating the right shoulder to form and for it to test the 78.6% fib. If this breaks I am thinking it could see itself working its way back down to the 50% to 81. If you like or agree with my analysis, please leave a like! Thanks!
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by bhavik3691
CADJPY testing 1st resistance, potential for reversal!Price is testing 1st resistance, which is in line with 78.6% Fibonacci retracement, 10% Fibonacci extension, horizontal swing high resistance and descending trendline resistance. We could potentially see a reversal at this level and further downside towards 1st support, in line with 61.8% Fibonacci retracement and horizontal overlap support. Stochastics is also reacting at the upper 83.71 level where it has reversed off before. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
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by TradeGATEHub
CADJPY, 4hr tf, double top pattern in play Previously i managed to took profits on this pair for +105 pips when i first call to sell it on Tuesday. It is now retracing back up on a nice point to enter sell again after yesterday BoC meeting. As you can see there is a double top pattern in play and we might see another drop soon on this pair as risk off sentiment and oil price on the verge off dropping. Sell CADJPY 86.40 Stop loss 87.00 Take profit 84.40 (3.3R) Use only 1-2% risk Good luck
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by HayatoDragonFX
Sell all long the week CAD/JPY | Best Chart Ever by King BabaHello guys it's been a while I know you miss me and me too! I wanna share with you this analysis about CADJPY and it seems a big opportunity for traders Swing Traders like myself. My analysis is based on patterns and sophisticated indicators. My entry a sell stop is 86.421 Profit Level: 82.185 SL: 87.686 My second entry sell stop (pursing the profit): 81.698 Profit: 77.934 SL: 82.529 You can each 700pips by holding and selling any pullback for a sell position. Use good risk management is truly important don't forget it. Best regards
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by kingbabaofficiel
2
CADJPY, 4hr tf, more downside expected on wave-CAs you can see we're on ABC correction after completing all 5 waves. The B is a triangle and we might see another 5 smaller waves to the downside. You could also see that pattern as descending triangle or bearish flag, it is up to you how you see it but it should be clear as bearish continuation pattern. Wait for price retrace around 86.70-75 before entering sell. Sell CADJPY 86.75 Stop loss 87.15 Take profit 85.05 (4.25R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
Week setupp for CADJPYThis is a analys of CADJPY, and I am currenlty looking for a short postion. If it breaks the daily support line and closes under it, then we know the support lines turns into resistance line. After line getting resistance line. We can expect the candels to go and test, the next support line. Iam expecting it to break the support line and after it to go down side becus of the head and shoulder patter. What i mean is that we have higher chanse to break the support and let the head and shoulldeer play out on 4 h time frame. We have a dubbel top on daily to, so there are no reson to take a long on this postion right now. As i said. Wait for the cofirmation. IF and only IF we get a confirmation on a short postion, we can look for a trade then. - Dubbel top on daily chart - Head and shoulder pattern on 4h Other wise, if it fails to break the support line, it can go side ways.
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by abdsha14