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Bias is Weak JPY Vs Strong CAD. Major news Cad at 0830EST Looking to enter Long at 77.094 or better. Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
CADJPY expected to rise up to 1st resistance at 77.056 where it could potentially react off and drop down to 1st support at 74.902. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Thanks for Taking Interested in my Trading Idea. CADJPY: FALLING WEDGE PATTERN. Dear followers, the best Gift for me is "will be your likes , comments & Share Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!
Thanks for Taking Interested in my Trading Idea. CADJPY: NICE SETUP NEED TO WAIT FOR CONFIRMATION. Dear followers, the best Gift for me is "will be your likes , comments & Share Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!
CADJPY expected to rise up to 1st resistance at 83.308 where it could potentially react off and drop down to 1st support at 82.655. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
A lot of confirmations of a possible long trade on #CADJPY: - Wave pattern - Fibo 61% - High Impulse (Dec-11) Entry Point 82.160 SL 81.7 TP1 83.0 TP2 83.5
CADJPY short for a couple of weeks, till it hits support then BUY. USOIL will also be effected as Canada has the largest reserve of oil , and Japan is the biggest importer of OIL. As the bearish moves of CADJPY happens we will see some bearish moves in the USOIL market. When CADJPY falls, Short USOIL When CADJPY increases, BUY USOIL
CADJPY did not fall to the short-term position, the drop target is 81.50-80.20. At the same time, this price range is also an ideal entry area for multiple orders BUY CADJPY ENTER1:81.50 ENTER2:80.50 SL:70.60 TP1:85.80 TP2:88.50(Brief analysis of CADJPY future trends) CADJPY will still fall sharply after the upward movement ends, the target is...
I am not looking at shorting concepts just yet. I believe we still have room for bulls. Buying the dips is the safer option? See if this idea fits into your concept. Good luck traders, Fibz
CADJPY Ascending Channel pattern
CADJPY Ascending channel pattern
CADJPY has bounced from the channel support and is on its way up to the channel resistance. Holding original long for previous highs around 83. Also added a small position after today's strong rejection of that channel support and 38.2 fib level with the same target of 83 region. Will look for more opportunities to re enter after a retracement.