Cadjpysignal
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 rise has come to an end?We think that the recent advances in cadjpy have come to an end for several reasons
1. The previous weekly candle is a Doji candle that means it can indicate a reversal of a trend.
2. The price of cadjpy is currently close to resistance called Senkou Span (Ichimoku indicator)
3. In the daily chart, the cadjpy rose until it touched a moving average 200 and failed to break above it and started to fall a sign of weakness
Sell CAD/JPY:
Entry Price: 84.17
Stop Loss: 84.65
take Profit: 83.00
CADJPY Sell The Breakout Bearish Trade Setup (Sell) I expect the price to move back up to at least the 0.382 fib level and providing price action turns bearish and I have enough confluence in my setup, I will be looking to take a short back to the trendline and will be expecting the trendline to break to the downside. With stops above the previous swing high on the daily timeframe and aiming for 82.5, we have a very attractive sell setup.
BuyIMPORTANT
use position size calculator, do not risk more than 1%
move SL slightly below 2-day low as soon as new D1 candle closes
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.
CAD/JPY is bullish on 4h chart!!!I see some bullish divergence at rsi and macd both also bullish signals on the daily chart too.
Trade with less leverage (5x, 10x) because i made my analysis for long term
Profit Targets:
86.855
87.740
88.250
Stop loss:
84.600
Have a nice day,
Berk
CADJPY OUTLOOK w bullish outlook1. Retest of previous weekly structure.
2. Next week we see important CAD data coming in. I have a bullish bias on the CAD GOV hiking rates. So a bounce off this structure for me is expected.
3. Good RR with SL below structure.
*Anything can happen to bullish bias does not mean shit unless we have decent price action around the structural support area.
*Pullback volume is also higher compared to the wave up so next week we will need to determine whether the selling pressure is still there.
CADJPY SELL, sell, selli personally like this pair. am expecting it to go down now. if it breaks the blue line down then short it.
like, comment and follow.
:)
thanks
CADJPY LONGCADJPY LONG
i am waiting for the bulls to take over on this one. should be rapid
like, comment and follow
:)
CADJPY : 1D : Bears Losing Steam. FX:CADJPY 0.11% End of bears action at 82.30 the price is rejecting to go below Monthly Resistance 82.30.
Bulls should be entering anytime soon in next couple of days.
E : above 82.30 to 82.50
SL : 81.95
TP : 84.1
CADJPY to reverse (40+ pips) then fall (100+ pips)CADJPY to reverse after breaking the support line then continue the down trend.
Cadjpy was formired bullish cycle elliotta Cadjpy was formired bullish cycle elliotta
for giving up trend need open buy stop after broke
85.606 with stop loss 85.480
CADJPY Short PlanSelling CADJPY based on 3 confluence reasons.
Waiting for the 4th reason to enter short
CAD/JPY - 100 Pips+ Short OpportunityCAD/JPY has lost quite a lot from 91.5 to 88.5 since the beginning of this month.
It currently still hasn't found it's major support to get into a reversal.
We can expect it to fall further down about 100 pips if the current suport is broken.
As always, risk manage properly.
Happy trading!
Buy CADJPY Longterm Based on Multiple Timeframe BreakoutThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
