This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Let's end the week strong! CADJPY's market structure has shifted a number of times. Look for the pull back to the 30 min demand zone and then a push (buy) to the upside. Trade has an RR of 5.42 This is just an idea
CADJPY 2 times test 107.600 level /Strong resistance/. Last time test price get hard dumped. My guess is beginning of CADJPY downtrend. The price retest 61.8 fibonacci level get rejection.
On the H1 time frame, prices are holding above an ascending trend line and approaching the support zone at 104.30, in line with the 100% Fibonacci extension which presents an opportunity to play the bounce to the next resistance target at 105.20. Prices are holding above the 50 EMA as well, supporting the bullish bias. Failure to hold above the 104.30 support zone...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CAD_JPY Bulish and wait retest on demand to entry buy LONG
CADJPY - Buy/Long - Ascending Triangle. Price has been knocking on the 106.200 zone for a while now and we might just see it break-through to the upside. Price has been making a series of higher lows to this point, indication strong momentum. Always Use good risk management, only risk 1% or less on any given trade. When a certain % or pips in profit move stop...
Looking to short this pair as there is major resistance above. Would love to see price break the trend line and then retest before entering for a sell. Of course, price can break June's highs and the 2 resistance above the current price on the chart. Would take news to do so in my opinion. Tuesday and Wednesday this week are important days to see what this pair...
These are the set ups I see on CADJPY. Of course, we always wait for price action to show us which direction the market will end. What do you think?
Major resistance-106 Near-term support-104.80 Trend reversal level- 104
The move lower was expected overall, but we are now overextended. The bottoming inverted hammer on the 4-hourly chart suggested we may see pull-back. Strategy is BUY current 98.50-98.70 area and take profit @ 99.60 for now. We add further lower @ 97.60 again if seen.
BUYING CJ to PROFIT AREAS from BUY 1 Profit Area 1: 40PIPS Profit Area 2: 70PIPS from BUY 2 Profit Area 1: 80PIPS Profit Area 2: 111PIPS Entry Criteria: Execute BUYS from Buy Areas on signs of rejection to confirm continuation of bull market Do not execute BUYS if price breaks through BUY AREA 2 with strong bearish momentum Trade Safe
CADJPY is also following its trend line, better to look buy opportunity on till the market remain above the trend line.
This is a long-term strategy. We got a great looking DOUBLE-W formation, and it has reacted correctly by going lower first on the right side part of the pattern. we have support 89.95 and this is the level to abort when moving beyond that point. The strategy is to BUY current 90.40 area for a move to 95.00 above. The neck line is somewhat 91.96 for now, and the...
Hello Traders, Hope you are having an amazing week. Above is my analysis on CADJPY , overall perspective is very BEARISH . Expecting this level of supply to hold ! Always move stops to breakeven after +25 pip moves Looking forward to see how this plays out. Thank you for your support, ETGL TEAM 💛
Hi TRADERS this is my trade set up for the CAD/JPY CAD/JPY Has broke the structure so I am Looking for a pull back in to the order block zone and then to continue up to TP area This is my analysis only please trade with caution and risk management in place clean crisp charts I hope it helps if you have any questions please private message me good luck for this...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions