CAD - BEARISH 1️⃣ Investors rushed for safety amid mounting concerns over rising coronavirus infections worldwide. Investors now await for Prime Minister Trudeau’s address to nation later in the day, where it is expected to unveil a plan to help the country recover from the coronavirus pandemic. 2️⃣ Mounting concerns over fuel demand recovery as the number of...
My analysis on CADJPY based on COT data and market movements. Looking to go long if the markets presents an opportunity.
Dear Traders Today We Have Analysis Of CADJPY H1. This Analysis Based On Price Action Theory. According The Analysis We Can See That Market On Down Trend As Well As Price Reject on Resistance@ 79.739 With Trend line support & Market Have New Support Level@78.969 . I Request to All Before The Trade You Also Match You Analysis With As If Your Set up Match Then...
Hi all traders, This is a video analysis of cadjpy. As always, i have pre-warn some nice levels within cadjpy for traders to take extra note of it. Hope you like this video analysis. Please help to like and share this video analysis with your friends. Follow me on tradingview so that you will be notified of any new updates / video analysis. Thank you! Cheers!
After breaking the neckline support of the H&S that I ve spoken about in my previous CadJpy analysis, the pair dropped pretty quickly and reached the measured target at around 79 zone. Now the pair is correcting this drop and a retest on 80 new resistance is not out of the question. I will look for selling opportunities in that zone for a trade with 1:2 R:R
Dear Traders Today We Have Analysis Of CADJPY H4. This Analysis Based On Price Action Theory. According The Analysis We Can See That Market On The Support Level & Price Decline(Rejection) From Support . So Behalf On That. This is Right Time To Open Buy Trade Around @80.35 With Control Volume Hold your Trade be patience achieve the Given Target🎯 I Request to...
Short opportunity after a breakdown to support level, ready to short with a good RRR
We have seen a trendline break and a drop for this pair.. price is now going to pull back to one of the FIBO levels and get rejected When that happens we can look to short this again
I'm bearish this pair since it was just under 81... As I expected, the pair dropped in the first stage to 80 zone and now is sitting just on the neck-line support of a H&S pattern. A break here should accelerate losses and the measured target is 79 which I expect to be reached in the next few trading sessions.
Hi all traders, This is a trade video analysis of CADJPY. I have pre-warn some levels within the video for traders to take extra on it. Take note of those levels and trade safe for it. Happy pips as always and cheers! Follow me on tradingview Like and share this trade idea with your friends Thank you and have a nice day everyone!
Let try with me a setup with a very huge Risk/Reward. Can we take profit of this trade? Let see :)
To get a clearer picture of CADJPY, do take a look at your daily chart. We can see a nice rejection off 81.70 price level, where we should expect a direction from there. No break up to the upside, instead we see a BEARISH rejection to the downside which signals to us that BULLISH movement have temporarily come to a stop. I will see 80.40 support level breaking...
After almost 2 weeks since I call for a drop, CadJpy finally went down and reached my target in just one day. As I said, 80 zone is support and I expect a correction from this point. Rallies should be sold for a break of 80 support and a new leg down that can reach the next important support at 79
Hi all traders, For cadjpy , im looking as a possible H&S formation. Any buy should only happen if it breaks above the head. If the grey area shows any reversal or strong rejection, we should be looking to sell this pair downwards. Follow me on tradingview Like and share this post with all your friends. **Disclaimer: All trade ideas are of my own personal...
Last week I said that CadJpy could have found a top at 81.50 zone and a drop to 80 is not out of the question. The pair is consolidating under this resistance as if is waiting for a trigger. I maintain my bearish outlook and I expect CadJpy to drop to at least 80 zone. Also, a correction in Oil price would t hurt...