CADJPY has broken the Fibonacci retracement level of 0.618. i am expecting this to down to 0.382 which will intersect with the blue support line i have down thou Stoch RSI has gone into oversold territory i am still expecting some more fall before a bounce back this will be a strong buy after the final retracement See previous analysis like, comment and follow
CADJPY is in that area where there will be a nice move coming. Looking to see if price continues to be respected back to upside, or a break lower for a retest to sell back down to next zone. Obviously momentum is moving downside, so it would be better to take sell positions until otherwise. We are also sitting on the 61.8 retracement. Be patient and wait for the...
i am expecting this to go down to the line. once there, will update again thanks see previous below
THIS CHART COMPLETE ALL MY PERSONAL CRITERIAS TO GO SHORT // PS: PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
i personally like this pair. am expecting it to go down now. if it breaks the blue line down then short it. like, comment and follow. :) thanks
CADJPY LONG i am waiting for the bulls to take over on this one. should be rapid like, comment and follow :)
CADJPY long term bullish approaching resistance. great opportunity to short.. limit SELL order in place. Please hit like, share and follow for more ideas. Vinny
CAD JPY Retrace in H&S Patter before heading lower?
CADJPY potential sell coming soon.. Fundamentally CAD to not raise interest rate and keep it to 1.5.. if they hike rate then go long instead. RIsk Reward 1:1 & 1:2 (40-80 pips) or exit whenever you want. please use proper money management. Hit LIKE, SHARE & FOLLOW for more ideas. Vinny
CADJPY 1D: Simple downtrend pattern can be seen on the chart. Price Breakout Support zone @ BRN 85.000 (Support Become Resistance) If Price retrace back to that level... SELL 4H: Price is reaching 85.000 BRN zone. Look for any Candlestick reversal signal (CRS) for entry confirmation would be better. Targeted entry level: Sell limit @ 85.000 SL @...
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CADJPY is testing major resistance at 86.26 (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance, pullback to descending resistance) and a strong reaction could occur at this level to push prices all the way down to major support at 85.86 (Fibonacci retracement, horizontal overlap support). RSI (55) sees descending resistance line provide...
WELCOME TO DACAPITAL TRADING!! CADJPY just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Small pullback after breaking previous h4 lows retesting them DAILY Last 5 days very bearish price movement and break of several lows indicating a downtrend WEEKLY Price was retracing and in consideration over last two months, now...
CADJPY to reverse after breaking the support line then continue the down trend.
Cadjpy was formired bullish cycle elliotta for giving up trend need open buy stop after broke 85.606 with stop loss 85.480
CADJPY Sell Trade/Idea:: This Pair Has Set Up Nicely For A Downward Move, So Opening A Sell Trade Is A Smart (NO, Right Thing) Thing To Do. However, Be wery Of The Strong Up-Move As It Might Signal A Break To The Downward Move, With That Make Sure You Have Your SL (85.11 Levels) In Place.
Hey Guys and Welcome, CADJPY broke previous week lows, we are following „Mid“-term Trend with a good RR. Strong bearish H4 drop below previous week lows after forming short-term LL and LH Structure. Short: 84.309 Sl: 83.672 (60 Pips) TP1: 84.933 (70 Pips) TP2: 85.832 (150 Pips) Feel free to Comment and Discuss my Trades. Have a Great Week :) Alan