Here is our forecasting video on the possible support and resistance levels of CADJPY on 30 Jan 2018. Good trading NinjaSingapore 30 Jan 2018 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are...
Buy above 88.49. Stop loss at 88.19. Take profit at 89.20. Reason for the trading strategy (technically): Price is approaching major pullback support at 88.49 (Fibonacci retracement, horizontal pullback support) and we are expecting price to test this level before bouncing off nicely to continue its bullish channel exit potential to 89.20 (Fibonacci retracement,...
Support at 88 zone. Bull has signs of showing up. Still too early as lack of bullish candle. Possible trade when more signs of rejecting shows up. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should...
Long opportunity on this pair. Price complete gartley on retest previous structure. for now we try to long from the bottom. but when break the falling wedge will confirm more upside
BUY CADJPY Entry : 87.90 SL : 87.20 TP : 90.50 Risk reward : 3.7 Potential : 260 pips Risk : 70 pips
Watched the shakeout bar and went back into CADJPY.
There is a long opportunity on CADJPY. In sync with the monthly & weekly timeframe. Buy setup on the Daily demand zone(s).
Hi guys, Here is my view on CAD/JPY.
CADJPY - 1. Inverted Head'n'Shoulder 2. Gartley Pattern 3. Strong supplu & demand 4. Ascending Triangle - My buy limit: 87.800
Once I see the market close ABOVE the GREEN trend line I will enter in the market buying. Stop will go -10 pips below A-(87.224) . Limit will be at Daily D-(97.720) . We see that market has already broken, and tested the BLUE down trend line. Happy Trading! :)
If this statement is true, then likely most yen pairs would be on sale soon, starting with USDJPY, moving towards 110. Would this follow suit ? Let's see
- 30 mov. avg is moving over 50 day mov. avg. - Looks to play of trendline and either go down or go up. - Good Risk Reward ratio - Hold about a week or 2 - Strong fundamentals of CAD (Raising interest rates over long-term) & Oil prices tend to be rising after long low price.
Here we see price has been consolidating a bit between the 89.500 and 89.400 range for the past 2 weeks. I personally have a Long bias on this pair but will only execute if we see the confirmation come in from the EMA's respectfully. Break out to the bottomside is also a possibility, however shorting this pair would only happen after a retest of the broken support...