Canadian Dollar Analysis for CADJPY Short!Disclaimer: Idea is to complement your research.
With CADJPY Short for Bias, CXY (Canadian Dollar) has fail at 82.78-87.29 zone.
Currently Price is testing 82.78 Resistance;
A rejection to the Downside could see a Test of 79.7-78.16 zone (Previous Resistance for New Support).
Keep in mind:
A Weaker CAD and a Stronger JPY will Bear CADJPY.
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Cadjpytrade
CADJPY: nice short opportunity on H4Hi Traders,
This is my view on this cross for the next few days.
#CADJPY
SELL 87.021
SL 87.64
TP 85.72
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
CADJPY Expected moveAscending channel is formed in LTF the price might get rejected after 3rd touch and move down towards the previous swing point and then may continue to move upwards . We can take a risk entry at the 3rd touch with 15 pip sl and then hold till previous swing and can look for a buy after the rejection from previous swing with a good candlestick formation
CADJPY - SHORT; SELL it right here!!This pair is also ready to go (down), right alongside it's other carry trade siblings - CAD/CHF, NZD/CHF, NZDJPY, AUDJPY.
All of these pairs a major Shorts, from here;
This one (CADJPY) ought to be good for ~500 pips from here.
Here is the Short Entry off of the 4 hr.;
CADJPYHello fellow traders, if you like the idea, do not forget to support with a like and follow.
DISCLAIMER
________________
Forex trading and trading in other leveraged products involve a significant level of risk and are not suitable for all investors.
THIS IS NOT IN ANYWAY AN INVESTMENT ADVICE! DO YOUR OWN DUE DILIGENCE BEFORE TAKING ANY TRADE.
CADJPY: Trade idea.Looking for a BRT (break and retest) here. Watch and wait for bullish price action at the support level. Always enter after confirmations of bullish price action. A bullish engulfer, an evening star, a hammer, a full bodied bullish candle that breaks minor resistance, etc.
Let me here from you in the comments! Like and subscribe, people!
Cad/Jpy Avoid this pair right nowWe will now do a slightly different analysis. Pair like currently cad/jpy not very appreciative of trading. For the simple reason that the analyzes on different timeframes do not match. If we are going to look at a larger timeframe, this pair should go to a minimum of 85,500 areas. If we look at the smaller timeframe, this pair definitely goes long. So our advice is, avoid this pair right now.
CAD/JPY BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to waot for a confirmation!
CAD/JPY: Day-Swingtrade-Preparation
Yesterday we`ve seen the first step towards a tighter monetary policy when the Bank of Canada announced it will lower its quantative easing and so the liquidity they provide to the market as the economy improved way better than expected. Additionally, there were hints about upcoming rate-hikes, which is why the Canadian Dollar pumped very hard.
Market-Buy: 86.590
Stop-Loss: 86.100
Point of Risk-Reduction: 87.115
Take-Profit: 88.130
Stop-Loss: 49 pips
Risk: 0,5% -1%
Risk-Reward: 3,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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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