Canadian Dollar / Japanese Yen CADJPY

CADJPY is seeing major resistance at 85.04 (Fibonacci retracement, horizontal overlap resistance, bearish ichimoku cloud). If price closes above this major resistance level, that could be the start of a bullish exit that could rally all the way up to 2nd resistance at 85.82 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension). RSI (55) sees ...

CADJPY broke out of its short term ascending support line and is testing our first resistance at 85.13 (horizontal overlap resistance) and a strong reaction might occur below this level pushing price down to our major support at 80.58 (horizontal swing low support). RSI is also seeing a bearish exit and Ichimoku cloud is showing signs of bearish pressure, in ...

Hey guys ! Here is a nice potential short entry on cadjpy Accumulation of : Structure retest - Breakout of a strong bullish trend (blue) - Fib / resistance zone confluance - Standard deviation ( 53 pips ) -High bearish momentum - Little doji in H2 - SMA 250 Good luck amigos !

CADJPY has been on an uptrend since March 19. On the M30 timeframe, there is a break of the support of the uptrending diagonal channel, as well as the horizontal and psychological support at 85.001. Thus, I am placing a sell limit at this level with the expectation that this level will hold upon retest. Stop loss is based on ATR x 2 while TP1 has the same number ...

There is a great probability now, that CADJPY will retest previous lows and further. A week Canadian dollar and a stronger Yen, sum it all up at this moment. Broke the daily trend, reason for which we will be looking for sells setups only, on this pair. If you aren't yet in the trade, look for small flags or corrective structures to the upside on the smaller ...

Market Structure !

looks short

Watching for price to break the 61.8 fib region & 4 hour uptrend line + retest for potential shorts..

Will wait for the daily candle to close

Bearish 5-0 Harmonic pattern Selling at the 50% Fib retracement

We have been in an overall uptrend and hopped above the 85.00 QP. Now we have retraced back down to 85 and printed a bullish Shark pattern and lower timeframe BOS on m5

CADJPY is testing major 1st resistance at 87.34 (Fibonacci retracement, multiple Fibonacci extension, horizontal pullback resistance) and a strong reaction could occur at this level to push prices all the way down to major support at 80.58 (Fibonacci extension, horizontal swing low support). Stochastic (55,5,3) is seeing major resistance at 98% where a ...

WELCOME TO DACAPITAL TRADING!! CADJPY just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Small pullback after breaking previous h4 lows retesting them DAILY Last 5 days very bearish price movement and break of several lows indicating a downtrend WEEKLY Price was retracing and in consideration over last two months, now ...

Prepare for a bearish candle to show up and act on it Price is heading towards resistance level.. There could be some bear fighting back. Potential LRE trade set up Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading ...

Update CHART'S next week of CADJPY he will go down to 61.8 and corrected before down to wave 5

A good RR ratio trade for a short here

CADJPY is testing major resistance at 86.26 (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance, pullback to descending resistance) and a strong reaction could occur at this level to push prices all the way down to major support at 85.86 (Fibonacci retracement, horizontal overlap support). RSI (55) sees descending resistance line provide ...

LONG