MKT may test its TL near fibo level 0.786
Hey traders, here is the analysis for the USDJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Preload. The price is being drawn to a strong level. The preload process demonstrates the struggle of buyers and sellers. The first side (buyer or seller) buys the movement of the second side and moves the price further. The second side is resistance. The goal of the first side is to tighten the price to a strong level and gain "energy" in the form of limit...
Hey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you. As always we will have to wait for a conformation! CAD/JPY: Swingtrade-Preparation Market-Buy: 81,950 Stop-Loss: 81,210 Point Of Risk-Reduction: 82,810 Take-Profit: 83,800 Stop-Loss: 74 pips Risk: 0,5% -1% Risk-Reward: 2,50 LEAVE A...
as the dollar rises the canadian dollar will also rise against the japanese yen
We are expecting CADJPY to buy from the support zone let's be reactive and not predictive
MKT may reverse from its support near its trendline/.
Since the beginning of November last year, we have an upward movement of H4 at CADJPY. Earlier this week, the price reached its high points from December, testing and holding them without being able to break them. Before making a new attempt we see that a triangle is formed on H1, which is broken and now with new forces it will try to break the previous peak! An...
CAD - BULLISH 1️⃣ Rallied in oil prices support the commodity-linked currency the CAD. JPY - BEARISH 1️⃣ Prime Minister Yoshihide Suga said the government was preparing to extend its emergency declaration to Osaka, Kyoto and Hyogo as daily infection rates continue to surge across the country. ===== Technical ===== We are looking to buy the CADJPY at RBS + above...
CADJPY go for long! +Breakout trend line + Strong Support + Price action tells further above!
CADJPY has an idea to go for long; + Bullish Divergence + Strong Support + Breakout Trend Line
Quite a few Signposts on my chart as I've been monitoring this pair for quite a while. 81.7 was a structural resistance, which we'er seeing that it's no longer holding. Quite a few sellers were recently trapped, which is a good sign that we probabilistically can expect further upside. [ Note that ideas published represent my viewpoints on structural...
This is my analysis of CADJPY on the weekly, daily and H4 timeframes. In this analysis I explain why I think we could see a breakout to the upside on this pair to the upside and possibly reach 83.000. Leave a comment if you agree, disagree or have any questions :)
CADJPY will short for 1 month untill it give you 1000pips i.n. Contact me best account management
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Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIK E👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! This market is giving us a great opportunity! I suggest you to have a quick look on the "CADJPY" Daily Chart to understand with a different perspective the reasons of this...
- Multiple time frame confluence (bullish trend on each time frame in current swing). - Break of pivotal zone and push above. - Currently pushing bearish trend line on the monthly/weekly time frame. If price breaks, closes above and retests this key trend line, I will be looking for long opportunities.