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Forextradingzones

CAD/JPY quick in quick out in the past week the CAD has seen a lot of strength against the JPY, seeing buy pressure off its weekly uptrend and weekly zone. now we see minor consolidation on the lower timeframe which could provide us with a trade for a few pips to the upside. what we are seeing is buy pressure coming in 3 times at the 4h zone and now has broken the lower timeframe downtrend. what we will be looking for now is some kind of move to the downside and buy pressure to come back in at one of the fib levels to then place an entry to the upper 4h zone for a day trade. we will only enter this trade if we get price action and entry confirmation highlighted ion our free course which you can find on YouTube.
Long
by Trade_Rocket_Investments
EURCHF sell opportunity 📉👌Our RSI reversal strategy has presented a short trade on EURCHF. Previous trade which was also a short shown to give more of an idea on how the strategy works. This is a new strategy script we are trialling at the moment. Entry details are shown on the chart and we are working the 15M time frame. Take profit is the green line. Pink line is stop loss. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you.
Short
by pow_removetheguesswork
CHFJPY - moving to the upside we are looking for a long on CHFJPY, the reason for this is that we have seen consistent upward momentum on this pair alongside fundamental direction being to the upside with the JPY being the weakest currency for a few months now. at the moment we have seen a higher timeframe exhaustion and now buy pressure is coming back in, what we will wait for now is minor exhaustion and entry confirmation to place a trade to our next major level of sell pressure being our monthly zone.
Long
by Trade_Rocket_Investments
EURJPY Possible trade to the upside on the daily timeframe here on EURJPY we can see that price has been moving to the upside for quite some time now and we have now a higher timeframe exhaustion. what we are looking for now is bullish pressure to come back in along side with entry confirmation for a trade to our next level of sell sensitivity. we will also keep our eye on fundamental direction to see if this trade also makes sense fundamentally and we are trading in the direction of fundamentals.
Long
by Trade_Rocket_Investments