FX:CADJPY The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
An update to CAD/JPY , based on Friday data from JPY we can see a bearish movement to 89.000
CADJPY rejected an important Daily/4H resistance level after faking-out above it (which corresponds to a Weekly/Monthly wick) the SL will be put to break-even when price reaches 90.240 level, as it has acted as a strong support/resistance in the past and price could bounce up from there. The Final target is 87.800.
If this pair refuse the 91.463 we could see a head & shoulders pattern who might end at 89.000-89.150
#CADJPY Now makes a buy trade setup. when price tests our demand zone, Then Best opportunity for short term buying #CADJPY. Thank you.
in my view about CADJPY buy long and take long profit but i gives you small profit here
#CADJPY Sell Trade setup now price on supply zone nice trade for short. Multiple time frame analysis. thank you.
Share your idea in the comment section about this pair and let's debate Happy New Year, Michel_FRX DISCLAIMER: 1. Be aware this is not financial advice so trade carefully and have stop loss for sure 2. Past performance is not indicative of future results.
According to Resistance Level we expect that price will touch the dwon side of channel , Divergence on CCI ,We have two entry Point ,with SL-40 PIPS and TP + 160 PIPS as showing
BACKGROUND We are at a supply order block which caused a break of structure . There is plenty of Asia-low liquidity waiting for us below. All the imbalances have been filled as well. So, the immediate bias is to look for a drop in price . SUPPORTING EVIDENCE 1. We can see a 5 wave Elliott wave forming. Very frequently, wave 1 is equal to wave 5 . 2. We...
CADJPY has been in an uptrend for a while and looks oversold to me. Price is now at a Resistance key level i will be looking for a short-term selling opportunity around 89.40 with a key level below as the potential target!
Future bearish cloud confirms bearish position on daily. Price is also ikely to fill the remaining inefficiency. For educational purposes only
it has been trending down for some weeks now and has always maintained the trendline as a retracement limit. shorting is a good call
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...
Idea Based on Smart Money Concepts + Market Structure
in this chart we had taken the profit from all the up and down. now its time to wait a little bit for a great confirmation for a short. these trend line in chart are way stronger than they appear. u may ask why. just enjoy Patience. FOREXTRADINGACTION
In this update we review recent price action in the CADJPY and identify the next high probability trading opportunity
CADJPY is currently running in massive profit, this was my gift to many following my work, I hope you all stayed loyal to the signal and are bagging successfully.... with over 100 pips stuckinprofit, i will be closing partial profits and let the remaining positions run to final target, if you are currently bagging this pair, leave a comment below.. merry Christmas...