i am long on cadjpy now because cad underperforming and Jpy outperforming so its a good ratio trade,also cadjpy is really oversold in many time frame
Here is our forecasting video on the possible support and resistance levels of CADJPY on 30 Jan 2018. Good trading NinjaSingapore 30 Jan 2018 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are...
CAD/JPY has lost quite a lot from 91.5 to 88.5 since the beginning of this month. It currently still hasn't found it's major support to get into a reversal. We can expect it to fall further down about 100 pips if the current suport is broken. As always, risk manage properly. Happy trading!
i found than cad underperform and yen outperform,also he start to be much oversold is an intraday trade also enter at 89.55 target 90.15 gains 60 pips in 2 x 1 lot when first lot reach 30 pips i cut it and make the second lot with a SL at + 15 pips
CADJPY has reached our major resistance level and is starting to react strongly off it. Major resistance to keep an eye out on remains at 89.75 (61.8% Fibonacci retracement, 78.6% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) and a strong drop could occur at this level pushing price down to at least 88.52 support (Fibonacci...
Pending Long @ 86.00 Stop Loss @ 83.00 Target @ 94.00 RR Ratio @ 2.67 Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.
because cadjpy is overbought much so a small pull back is welcome short at 89.25 target 88.73 gain =52 pips open 2x 1 lot when the first lot reach +20 pips i cut it and let the second lot at +5 pips for securise 25 pips this is small trade,but all pips is welcomed
Hi traders, I am in a buy after a double Bollinger Band spike on a fairly strong support level and little down trend. Market structure is also indicating that we could expect a move up, breaking the top (impulse + completion of a corrective flat). If this 4H candle also closes outside of the Bollinger Bands, then we have a clear confirmation. Make sure to cut...
Hi traders, I just spotted a nice Bollinger Band spike. I am planning to take this trade as soon as the market opens due to the following reasons: 1) We are in a correction and anticipate another impulsive wave up 2) Bollinger Band spike 3) We completed a flat (This is not a trade recommendation!)
Hi there, I see a smaller correction marked with green arrows. The last three daily candles show some strong move up and if this is the C wave, I believe that we could be seeing a completion of the regular flat soon. Looking at the bigger picture, if we go down from here, I could imagine seeing a further move down to complete the regular flat (marked in blue +...
Wait for close of the daily candle then make your final decision.
Price trading in an expanded triangle. Divergence spotted Buy if price breaks above the ending diagonal. LIKE and FOLLOW Happy Trading (*-*)
Entry at 88.6 Stops under X Targets 38.2 and 61.8 If you like my charts please drop a like!
Go long at rejection of the channel support. LIKE and FOLLOW to get instant notification each time a setup is posted. Happy Trading. Cheers
This pair had been trying to rally past the daily resistance over the past few weeks but failed to do so. With confirmation from the tested resistance levels on Daily (Tested thrice), it is safe to assume that buyers are no longer in-charge to push this pair higher to to resume its bullish movement. Nonetheless, the pair had been going down ever since the...
We SHORT this pair for 300 PIPS .. Let's Watch !!
I think that we're going to finish the C line and then upside. Lets see!
CAD/JPY 1H Chart: Channel Up The Canadian Dollar is recovering against the Japanese Yen in a short-term ascending channel that expectedly started to form as soon as the preceding downtrend has changed. By the moment, it already consists of four confirmation points and might be broken in the present week. Given that that the 100-hour SMA and the updated...