Currently in a CJ short. Entered based on price breaking structure and failing to push up
Sounds likely to decrease in weekly timeframe although I see an increase for this pair in 4h timeframe, logically enough we will get ready to go for the sell position.
I see good increase for Canadian Dollar by the starting of next week, also I suppose Japanese Yen will decrease by comparison with other pairs
After a drop to 78 support, CadJpy recovered some losses but couldn't break above the important 80 resistance. With OIL on a descending channel and strongly offered around 39, I expect CadJpy to follow and 78 could be the first target for bears I'm looking to sell rallies for this pair and a daily close above 80 would invalidate this scenario
Hello my friends, Another setup for you today is CADJPY pairs. It is making the same setup like CHFJPY pairs from previous post Check it out as well Price broken below the trend line and now retesting it at an area of confluences. This is the meeting point of horizonal resistance, EMA and trend line. It would take strong momentum from buyers to take out this...
Analyzing the 1h chart, we have a break in the trendline and as it usually happens 80% of the time, the pair comes to retest it. If we see that the trendline acts as a resistance, which coincidentally coincides with the 61.8 fib level, we have enough confluences to support a short position. R/W - 1/5.7
👋 Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE have sell conformation: - Trend was broken. - EMA's give us SELL signal. - Candle close below ASIAN session. 💡 Why should you follow our profile on...
Just like it says in the chart: Wait for it!...; ~30 pip Stop should be sufficient for the turn.
The Ingenuity Trading Model is a Hidden Markov Model with specific inputs related to Price, Time, Volume , and Volatility .
Hello Traders, Here is the Top-Down Analysis of CADJPY (Monthly, Weekly, Daily for direction and 4H for entry) for Week 41 - 05 Oct M > Market is moving in a downward channel. Price faced rejection at resistance level of trend line creating double top and moved down. W > Price dropped to test weekly support and faced rejection. D > We saw an over extended...
Hi all traders, This is a video analysis on CADJPY. For those who are trading cadjpy, do take note of those levels as mentioned within the video. Trade safe and be patient on this pair. ***Follow me on tradingview**** ****Like and share this video analysis with your friends**** Cheers and thank you very much!
make sure to take partial profits at 80.75/85 area and lower the STOP into the money good luck !!!
Dear Traders Today We Have Analysis Of CADJPY H1. This Analysis Based On Price Action Theory. According The Analysis We Can See That Market On Down Trend As Well As Price Reject on Resistance@ 79.739 With Trend line support & Market Have New Support Level@78.969 . I Request to All Before The Trade You Also Match You Analysis With As If Your Set up Match Then...
Hi all traders, This is a video analysis of cadjpy. As always, i have pre-warn some nice levels within cadjpy for traders to take extra note of it. Hope you like this video analysis. Please help to like and share this video analysis with your friends. Follow me on tradingview so that you will be notified of any new updates / video analysis. Thank you! Cheers!
After breaking the neckline support of the H&S that I ve spoken about in my previous CadJpy analysis, the pair dropped pretty quickly and reached the measured target at around 79 zone. Now the pair is correcting this drop and a retest on 80 new resistance is not out of the question. I will look for selling opportunities in that zone for a trade with 1:2 R:R