CAD/JPY SELL H4 It made many breakouts of the main trend lines. I don't think the price will be able to break it. And so now I expect the price to reverse and fall towards the 82.63241 point. Follow Now For More Content
Hello tea, price has been in a bullish trend for sometime now. looking for trend following trades is key to always following the trend.
Hey tradomaniacs, welcome to another free trading-setup. CAD/JPY: Daytrade-Execution Buy-Stop-Order: 82,540 Stop-Loss: 82,360 Point of Risk-Reduction: 82,700 Take-Profit: 82,855 Stop-Loss: 18 pips Risk: 0,5% - 1% Risk-Reward: 1,80 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t...
Hello team, price has broken and retested structure on a higher timeframe. with possible direction given will be looking for longs
CADJPY, approaching Strong Support Zone!
Already long on this but it is currently retracing which offers those not in the trade another chance to enter. Enter once price reaches support, target is the same at 84.571.
The resistance level has now been cleared so buyers will now be looking for an optimal entry point at the break and re-test. I will be looking to position buys a little lower in the bounce box marked.
This is breaking above a resistance level. Safest entry is to wait for a retrace that tests this level as a support then long to the target of the next high. Although it is still very bullish on MACD on 4HR and daily so this could easily continue to rise from here. TP - 84.571 SL - 81.667
CADJPY, Retesting Breakout and has a strong Support... Watch out Friends!
As salam alaikum T.A Review: Bullish Channel Consolidating since last Month Another Falling Wedge Holding Rejection zone i.e 82 Strong chances of pullback. F.A Review: Dollar strengthens and Covid can't be ignored. FED decisions, NFP,ISM and PMI are on the way as well. Market will be highly manipulative this month.
Waiting for price to break this structure before shorting
I would like to think that the resistance has been wicked into enough for it to plummet from here. I want to see a slight pullback into the previous structure before bears take control.
CADJPY ANALYSIS Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
On positive fundamentals, we saw CADJPY take a leap to the upside, followed by a strong rejection from a major resistance level. This has helped to reduce our stop loss size and great increase our R:R in a short position back down to key support levels.
MKT may test its TL near fibo level 0.786
Preload. The price is being drawn to a strong level. The preload process demonstrates the struggle of buyers and sellers. The first side (buyer or seller) buys the movement of the second side and moves the price further. The second side is resistance. The goal of the first side is to tighten the price to a strong level and gain "energy" in the form of limit...