The daily forex trading structure of cadjpy is bullish and we might see the structure hold, if the structure holds then we will be waiting for a confirmation for a forex trade to be entered. For now we will just monitor price action for this forex trading pair.
Sounds likely to decrease in weekly timeframe although I see an increase for this pair in 4h timeframe, logically enough we will get ready to go for the sell position.
hello traders we have allocated an symmetrical Triangle.
CADJPY - Sell - Daily Chart Horizontal Channel Sell @ 80.549 or a Break of the 80.549 level Stop Loss @ 81.516 Take Profit @ 78.474 Please share your opinion in the comments, and support the idea with a Like 👍 Thank you for your support 😊 Wishing you successful trading...
I see good increase for Canadian Dollar by the starting of next week, also I suppose Japanese Yen will decrease by comparison with other pairs
This is our view of this pair. -------- Trading Kitchen
Weekly is a strong uptrend and daily structure has shift from bearish to bullish. We will be monitoring price action at the marked zone for any setup according to our strategy.
Hey tradomaniacs, welcome to a new free trading-setup. CAD/JPY: Daytrade-Execution Market-Sell: 79,090 Stop-Loss: 79,450 Target 1: 78,760 Target 2: 78,570 Target 3: 78,285 Stop-loss: 35 pips Risk: 0,5% Risk-Reward: 2,34 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to...
Daily structure for cadjpy is down so we will be monitoring price action at the marked zone for some setups.
After a drop to 78 support, CadJpy recovered some losses but couldn't break above the important 80 resistance. With OIL on a descending channel and strongly offered around 39, I expect CadJpy to follow and 78 could be the first target for bears I'm looking to sell rallies for this pair and a daily close above 80 would invalidate this scenario
Hello Traders, Here is the Top-Down Analysis of CADJPY (Monthly, Weekly, Daily for direction and 4H for entry) for Week 46 - Nov 09 M > Market is moving in a downward channel. Price faced rejection at resistance level of trend-line creating double top and moved down. W > Price dropped to test weekly support and faced rejection. This support also coincided...
Hey tradomaniacs, welcome to a new free trading-setup. CAD/JPY: Daytrade-Execution Market-Sell-Order: 79,130 Stop-Loss: 79,610 Target 1: 78,635 Target 2: 78,390 Target 3: 78,000 Stop-Loss: 48 pips Risk: 0,5% Risk-Reward: 2,34 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget...
The CAD being the worst G10 currency Canadian funds are bailing out of anything CAD denominated, an mass!
We have seen a bounce off the lows in the CADJPY cross, extending slightly past the 78.69 fibbo resistance, I remain a seller of this pair up until the 79.10 area. Therefore I have entered a short at 78.80 & will sell another clip at 79.10 if we get there. I expect to head towards and test the low around 78 again. Short at 78.80 Short 2nd clip @ 79.10 (if we get...
Analyzing the 1h chart, we have a break in the trendline and as it usually happens 80% of the time, the pair comes to retest it. If we see that the trendline acts as a resistance, which coincidentally coincides with the 61.8 fib level, we have enough confluences to support a short position. R/W - 1/5.7
This pair is struggling here at resistance after the impulsive move I expect it to head lower.