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Cadjpyshort

CADJPY 200 Pip shortPrice is overall still in a consolidation from December 2021. Beginning 2022 we hit the extremes of last months consolidation and we´re right now at a Key level to trade back into the Consolidations Liqudiity point of December. Small Risk Trade R to R is 1 : 6,2 // price could also go up one more time to close above the Key level, if this happens ill´Stop out and plan a new trade. My Overall Target is 89.200, due to Bullish Seasonality, I´ll use some of my Short Profits to Hedge for a Double Break. MY Long Hedge will start 89.200 scaling in as low as price goes without hitting my stop loss on the long position.
by Henriman
Short CADJPY -JPY looks strong (20 Dec, 2021)With the exception of USDJPY (it looks a bit tricky) all JPY crosses are giving clear bearish signals. I am looking to take a short on CADJPY. The support at 88.30 has been convincingly broken. This happened on 30th Nov as well but subsequent bullish recovery attempts were quite weak by comparison. I believe that after a retest of this previous support, we will see a bearish continuation of the trend that began in late Oct. Price is once again below the 200 DMA and that by itself is a bearish sign. An entry near 88.30 would permit a small stop loss and first target would be above 85.10 - a nice 3R trade opportunity. The next target lies below at 82.00 If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications. Always use sound money and risk management in all your trades.
Short
by Trading_Vista
1
Cadjpy Sells 89.350Cadjpy: watching for sells here at my yellow marked region at my "line" at the 89.350 pricepoint. No** entry yet. Am still waiting for price to align with my entry criteria before i do decide to take or avoid this trade setup. Patience and when the correct price and time comes, that is when you strike the hardest. Don't just jump from one setup onto the next and be stuck in consolidation without volume and volatility in the market to act as a catalyst to drive your valid trade setup in the direction. Have the patience and be disciplined 👁🍭👣
Short
by benson_fx