We will most likely see CADJPY continue to head lower after having a strong reaction to the HTF confluence area.
SHORT CADJPY @ 87.40 TP @ 85 SL @ 88.55 I have decided to sell CADJPY prior to Jackson Hole on Friday as I feel that USDCAD is reaching support lvls and will rip soon. If that is not the case and the USD decides to sell off, well then USDJPY will push lower driving CADJPY lower. We also have key resistance and pivot lvl at 87.40 this making it a good entry for...
I expect accumulation around 87 to 88 zone then a dip
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (87.12). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (87.12). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as...
CAD - Weak Bearish 1️⃣ Crude oil prices fell slightly on Thursday amid concerns about stock demand following additional restrictions in several countries. JPY - Strong Bullish 1️⃣ Risk-Off sentiment benefits the safe-haven JPY. ===== Technical ===== We are selling the CAJPY after the price has broken the support levels. ===== Risk to this trade ===== Any...
CadJpy is in a downtrend and moved up a little higher than expected but a new wave down is expected now!!! So I'm expecting a lower low and my TCP is the trend line at the bottom!!!! I have another take profit area below this. This is a swing trade idea that will take a few weeks to complete! If you trade it , you gotta be patient!
Here's another risky but I 'feel' good setup. CADJPY rose to a previous high and stalled for the past many hours, it is also within a rising wedge alike channel building downward movement since the high of 87.5 which was in mid of historical resistance zone. (87.26 - 87.6) I didn't manage to catch the tip but entered at 87.4 which is still a ok risk level -...
CAD/JPY Signal Market Sell: 87.050 Stop-Loss: 87.650 Target 1: 86.300 Target 2: 85.030 Stop-Loss: 60 pips Risk: 0,5% Risk-Reward: 3,37
CAD/CHF rallied on Monday AFTER the recent slump in crude oil prices, the commodity-linked loonie (CAD - Canadian Dollar ) We expecting the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis , Fundamental and candlestick patterns. Please use proper risk management depending on your account size, Use lot...
Seeing the structure testing the double top's neckline on the right shoulder may increase the probability of pushing the market on the bearish movement.Afterwards i'll be looking on placing another short after a break on the HTF head and shoulder pattern.
Market is looking to test the resistance at 87.1 again after testing it and rejecting, if this resistance holds one more time we can expect the price to go at least to 85.5 or look to create some lower lows if it breaks that level. If price does break resistance we can expect to test the levels of 88.5 one more time. Both situations have some very good trades to...
Hey traders, here is the analysis for the CADJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
A few days ago to be precise, on the 11 of August this analysis and setup was sent to the FXTD Academy students, and signal was sent to the FXTD VIP signals channel, seeing that price reached our point of interest in reaction to the higher timeframe order block, we had to wait for the structure to form then we dived in. Price has finally reached our target afte...
My account is not popular and does not collect many likes, but check all my Forex analyzes But most of my analyzes are correct and accurate Analysis like my previous analyzes in forex .. Review them well and you will find that they are all correct and come with goals in a short time Most of them are long term Thank you very much
CADJPY (since Friday) was riding a downward trend. The first entry bear market has taken over, with my MA's crossing over, confirming a downtrend market. Here is a second entry if you'd like to take this trade and ride the bear market. Use proper risk management.
Hey traders, here is the analysis for the CADJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.