Hello Traders, Here is the Top-Down Analysis of CADJPY (Monthly, Weekly, Daily for direction and 4H for entry) for Week 50 - Dec 07 M > Market has respected downward resistance trend-line in past and price has approached the trend-line to test the same, current price level also coincides with monthly resistance. We can expect a rejection to the downside. W...
CADJPY has pulled back to previously broken resistance and is showing weak bearish momentum near a Fib Zone, which is a signal that the market is potentially finding support at this area for the next push. Structure has already shifted on LTF so buy limit is placed at previously broken LTF structure. A break below this current H4 candle wick invalidates setup.
CADJPY Swing BUY Trade Idea. Please manage your risk. Use Stop loss. And do not take blind entries. If you have a question let me know. If you want to analyze any pair let me know. This is just an idea. What we see. The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
Hey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation. CAD/JPY: Daytrade-Execution Market-Buy-Order: 80,050 Stop-Loss: 79,815 Point-Of-Risk-Reduction: 80,215 Take-Profit: 80,440 Stop-Loss: 23,5 pips Risk: 0,5% - 1% Risk-Reward: 1,70 LEAVE A...
Hey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation. CAD/JPY: Daytrade-Preparation Buy-Limit: 80,000 Stop-Loss: 79,820 Target 1: 80,150 Target 2: 80,270 Target 3: 80,450 Stop-Loss: 18 pips Risk: 0,5% Risk-Reward: 2,75 LEAVE A LIKE AND A...
From our previous analysis, we expected a 80.40 BEARISH movement before potentially seeing 61.8 fib level BEARISH movement. After this analysis, we managed to see CADJPY retesting 80.40 resistance level and what we managed to see is a clean rejection to the downside. I will be expecting price level of CADJPY to move to the 50.0 fib level minimally and potential...
Currently in a CJ short. Entered based on price breaking structure and failing to push up
On a Daily Timeframe, CADJPY is currently sitting on a support zone.. A push tp the upside is expected
Good for 150-400 pips
CADJPY has slowed down bearish momentum near a previous area of support. The previous daily candle closed with indecision, as we drop down to H4, we recently closed with a strong bullish candle. Price can rollover at any moment so safer buys would be valid once the recent resistance level is broken and retested as support
CADJPY Entry buy-stop , 79.700 Stop-Loss, 79.200 Target R1, 80.200 R2, 80.700 #R3, 81.200 SL-50 Risk1%
This pair looks like it is running out of selling power, especially now that we have reached a key structural level. When all the market can identify sells there will no longer be sells and that is why I am looking for buying options. I have marked out two potential options for this pair. 1. We either break the structure marked and wait for a structural shift on...
CAD/JPY Buy @ 79.55 SL: 79.00 TP1: 80.40 TP2: 81.40
CADJPY is going as predicted. lets continue to hold our contracts