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Cadjpytrade

CADJPY approaching resistance, look out for potential reversal!CADJPY is approaching its resistance at 81.773 where it is could reverse down to its support at 81.085. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
Update on CADJPYWe can see that a minor retracement had been taken place. The good thing is it seem that the minor retracement come to exhausted. We can see that a divergence had been spotted. However in order to validate the divergence, we need the price to break the trendline and the resistance line in order to keep moving uptrend. At the line of Support D1, it is the last line to validate the Uptrend. If price can be breakout this line, i will avoid the pair eventually due to i cant read the movement anymore and most likely the pair will be in the long sideway
Long
by MuhammadIqbalAman
CADJPY in Retracement MoveBismillah For the bigger timeframe, i would like to say that this pair is currently start moving up and uptrend will in surge. However, in the lower timeframe, which is TF H4, there is a valid signal that a minor retracement trend will be taken place. It can be clarified by price successfully breaking up the lower trendline of TF H4, and also close below the support of the latest support line. So it is a hold for those who are trade this pair before take the decision of Buy. For me, it is simple. I will wait for the minor retracement exhaust and start back to buy whenever signal is popping up. My signal entry is very easy and clear, which is i will instantly enter whenever Bullish Engulfing formation is being formed. Thank you
Long
by MuhammadIqbalAman
CADJPY Short term Bullish - Possible NFP & CAD News trade todayCADJPY have been trading within multi-sessions bullish channel, so far price almost reached the top of the channel, as we have an important release about CAD unemployment figures today, i am seeing the scope for a breakout of this channel, expecting the price can test 81.90+. However this is a short term picture, though overall the momentum on the bigger time frames is still bearish. Please respect the money management guidelines when trading this market. Good luck!
Long
by UmarAbdurRehman
5
AUDJPY // CompraTe dejamos ésta idea de trading para que la disfrutes. Es esencial que esperes a la zona de entrada para asegurar un mayor beneficio y respetar nuestro Stop Loss. Nuestra estrategia es confidencial por un alto grado de fiabilidad, abajo encontrarás nuestros medios de contacto. Riesgo Beneficio 1:3 Espera el movimiento, entra en la operación y disfruta tu ganancia. Con nuestro grupo privado damos estructura, zonas de compra y venta y todos los patrones que utilizamos para entrar en una Operación Segura. Para más información, visitanos en Instagram como: Mentalfxacademy.
Long
by MentalFxAcademy
Elliot Wave View: Impulsive Decline in CADJPYShort Term Elliott Wave view in CADJPY calls the bounce to 84.37 on April 17, 2019 as wave 2. The pair is currently in wave 3 lower and the internal subdivides as an impulse Elliott Wave structure. Down from 84.37, wave (i) ended at 83.49, wave (ii) ended at 83.925, wave (iii) ended at 82.66, wave (iv) ended at 83.33, and wave (v) ended at 82.53. This 5 waves decline ended higher degree wave ((i)) of 3. Pair is currently in wave ((ii)) of 3 correction and the internal subdivides as a Flat Elliott Wave structure. A Flat is an ABC structure with subdivision of 3-3-5. Up from 82.53, we can see wave (a) ended at 83.2 and subdivides in 3 waves. Wave (b) ended at 82.59, and wave (c) ended at 83.35 peak. The blue box of 83.26 – 83.67 shows 100% – 161.8% fibonacci extension of wave (a)-(b) was the area where it was expected to end wave ((ii)). More importantly however, as far as the invalidation level of 83.35 stays intact, expect the bounce to fail and pair to extend lower.
by Elliottwave-Forecast