FX:CADJPY   Canadian Dollar/Japanese Yen
11445 32 241
Hi Guys the CADJPY             looks like it about to breakout. Looks like a nice move if it breaks.


Trade with care
Thank you for your support.
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
NHTG
4 months ago
Nice!
Reply
senejani.ali PRO
4 months ago
Thank you for your analysis. I have a similar setup as well.
Reply
XIXtaj
4 months ago
Hey Anil, love your analysis! Looking forward to seeing how this turns out for you!
Reply
troppuissant
4 months ago
So long now?
Reply
vssree
4 months ago
thank you sir
Reply
ivn96
4 months ago
I think i has one more down then up,but let's see
snapshot
+5 Reply
ivn96 ivn96
4 months ago
(I think there is*) not (i has)...
Reply
arshadd ivn96
4 months ago
No Mr divergence is there
Reply
munirnadir
4 months ago
Nice and simple strategy Anil....
Reply
Spot on! Entered on the breakout! Waiting on today's webinar if there will be any?
+3 Reply
GeorgeMcGeown
4 months ago
Good setup, I have a very similar chart!
Reply
hafiz_fiaz
4 months ago
thank you...
Reply
judderod
4 months ago
Thanks Anil, looks like a break to me. With a few trend lines now underneath the price with candle wick confirmation: I've entered at 7915.
+1 Reply
morgand377 judderod
4 months ago
Agreed. and i entered the same place.
Reply
judderod morgand377
4 months ago
My position is currently in loss, and price action has strayed outside of my strategy. I've moved my limit to BE. If it does break upwards again I'll consider re-entering.
Reply
mat07
4 months ago
Thx a lot for the pips Anil.You are number one.

Reply
morgand377
4 months ago
Thanks anil! Quick question. Where do you think the breakout will end and where would be a good place to set a stop loss?
+4 Reply
dinesh26 morgand377
4 months ago
I think he indicated it by the arrow where it might go, good place for SL would be below the previous low.
Reply
morgand377 dinesh26
4 months ago
thanks!
Reply
Mkhue01
4 months ago
Thank you Sir...
Reply
munirnadir
4 months ago
Can you pleae draw elliot wave count on this chart
Reply
FerminNunez
4 months ago
I am skeptical , I think it will go down before going higher , time will tell
Reply
munirnadir
4 months ago
Anil can you explain why this is not taken as a case of Ending Diagonal
Reply
Kumail
4 months ago
Anyone in this? I assume it has actually broken out
Reply
morgand377 Kumail
4 months ago
i got out and am long in GBP/JPY. still watching though. Might spike back up.
Reply
morgand377
4 months ago
looks like a small wedge has formed after the initial breakout and will shoot back up in the next 5 hours. what do you guys think?
+1 Reply
Kumail morgand377
4 months ago
Guess you were correct :)
+1 Reply
Kumail
4 months ago
I'm assuming the news caused the dip back at 2016-10-18 12:00 and 16:00
Reply
krishilrccie
4 months ago
Do you think is this still good to go up?
Reply
RulonMarket
4 months ago
Still long? Thanks
Reply
judderod
4 months ago
Still waiting for that up impulse...
Reply
nazzeem
3 months ago
Let them break out of the structure, wait for break of flag before any buys !!!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out