Here is a chance to short the obvious for a 300 pips target. CADJPY has been following the same wave/pattern/channel for quite some time. Its a no brainer to short this as the odds of it going south for 300 pips is very high. But if things go the opposite direction then its very unfortunate for us, as there is no reason for it to behave differently this time around.
Te dejamos ésta idea de trading para que la disfrutes. Es esencial que esperes a la zona de entrada para asegurar un mayor beneficio y respetar nuestro Stop Loss. Nuestra estrategia es confidencial por un alto grado de fiabilidad, abajo encontrarás nuestros medios de contacto. Riesgo Beneficio 1:3 Espera el movimiento, entra en la operación y disfruta tu...
RSI signalling oversold area. Market forms a double bottom to signal trend reversal. Market will BUY. Warning; Trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.
Good buy opportunity on this pair. I have marked the entry, stop loss and take profit. Capital risked: 1% Risk to Reward - 1:2 Be alert and pay attention to the simplicity and similarities in the setups. Your mind is a sucker for habit so you can turn your technical analysis into one. Happy trading all! :) Malika K
CADJPY rejected trendline and horizontal resistance line.
Cadjpy Is near to trend line support+ 200 Days EMA and near to important support. Risk Reward Ration is 1:1
CADJPY tested previous swing low support now its resistance.
SEEING THE TREND BE HIT AND THE RETEST ALREADY DONE. LOOKING FOR THE FALL AND THE TEST IN BETWEEN THE ZONES OF 82.961 AND 82.899 LOOKING FOR THIS PUSH DOWN RIGHT IN BETWEEN THE 61.8 AND THE 78.6 AREA.
We think that the recent advances in cadjpy have come to an end for several reasons 1. The previous weekly candle is a Doji candle that means it can indicate a reversal of a trend. 2. The price of cadjpy is currently close to resistance called Senkou Span (Ichimoku indicator) 3. In the daily chart, the cadjpy rose until it touched a moving average 200 and failed...
I expect the price to move back up to at least the 0.382 fib level and providing price action turns bearish and I have enough confluence in my setup, I will be looking to take a short back to the trendline and will be expecting the trendline to break to the downside. With stops above the previous swing high on the daily timeframe and aiming for 82.5, we have a...
Pair: CADJPY Prediction: Long / Buy Target: 84.100
IMPORTANT use position size calculator, do not risk more than 1% move SL slightly below 2-day low as soon as new D1 candle closes
Respected followers, as we can see that CADJPY is testing its support levels 3rd time. On the current level we can assume that market will go up from here to defined take profit.
I see some bullish divergence at rsi and macd both also bullish signals on the daily chart too. Trade with less leverage (5x, 10x) because i made my analysis for long term Profit Targets: 86.855 87.740 88.250 Stop loss: 84.600 Have a nice day, Berk
1. Retest of previous weekly structure. 2. Next week we see important CAD data coming in. I have a bullish bias on the CAD GOV hiking rates. So a bounce off this structure for me is expected. 3. Good RR with SL below structure. *Anything can happen to bullish bias does not mean shit unless we have decent price action around the structural support area. *Pullback...
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