Cadjpy Is near to trend line support+ 200 Days EMA and near to important support. Risk Reward Ration is 1:1
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Expecting bearish movement FX:CADJPY if we break the bearish flag. lets wait and see !
SEEING THE TREND BE HIT AND THE RETEST ALREADY DONE. LOOKING FOR THE FALL AND THE TEST IN BETWEEN THE ZONES OF 82.961 AND 82.899 LOOKING FOR THIS PUSH DOWN RIGHT IN BETWEEN THE 61.8 AND THE 78.6 AREA.
See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
CADJPY Head and Shoulder Formation!
We think that the recent advances in cadjpy have come to an end for several reasons 1. The previous weekly candle is a Doji candle that means it can indicate a reversal of a trend. 2. The price of cadjpy is currently close to resistance called Senkou Span (Ichimoku indicator) 3. In the daily chart, the cadjpy rose until it touched a moving average 200 and failed...
BBECAUSE, AM NICE LIKE THAT :)
PLEASE WATCH OUT FOR THE BREAKS IN THE TREND LINE BEFORE YOU ENTER. See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Wait for price to correct in search of liquidity. Buying area is illustrated in blue - Best of luck Felipe Ramirez
CADJPY is approaching its resistance at 82.057 (0.618 Fibonacci retracement) where it could potentially reverse to its support at 80.540 EMA 21 & EMA 55 both crossed over signifying a move up. A break in the black trend line leads us back to its support of 80.540 See previous analysis SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
as wti should reboud as usdjpy should rebound as stock should rebound as CAdjpy is much oversold and face weekly,monthly resistance i try this trade and will follow it with a traling stop
Respected followers, as we can see that CADJPY is testing its support levels 3rd time. On the current level we can assume that market will go up from here to defined take profit.
CADJPY has HIT the Fibonacci retracement level of 0.618. there is a possibility this could go down to 0.236 thou Stoch RSI has gone into oversold territory so the pace is gathering for a nother turn up. be ready to jump in See previous analysis like, comment and follow
I see some bullish divergence at rsi and macd both also bullish signals on the daily chart too. Trade with less leverage (5x, 10x) because i made my analysis for long term Profit Targets: 86.855 87.740 88.250 Stop loss: 84.600 Have a nice day, Berk