JPYCAD
JAPANESE YEN / CANADIAN DOLLAR
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Note : waiting for the rejection candle to appear ;) **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the...
I assume we will get another three-wave move as shown on the chart. Further will update.
CADJPY H4 LONG IDEA . . . . Follow my telegram channel: t.me forex_vipsignals My telegram contact : @BLUEPIPS_COLLECTOR ( MR. NOBODY )
Price broke the descending trendline which looks to be a strong one. Head and shoulder formed at the end of the downtrend. Price started making HL & HH #tradesafe
We gotta breakout setting up as it is completing a triangle. I want to see this breakout happen this week. Both targets have been set for whichever direction it takes once it's ready for takeoff. BULL TPS: • 82.239 • 82.479 • 82.753 • 83.230 BEAR TPS: • 81.523 • 80.926 • 80.640
Gooday Traders! From the daily timeframe, CADJPY has been in an ascending channel. Lately price has made a correction, broken and retested but encountered obstruction at 82.500. Price is almost at my ascending channel support. I'll watching H4 for further confirmation on whether my ascending channel support will hold. Im however, looking forward to a longer buy as...
1) pink line : - very strong movement from this trendline after very long time price has broken this support it's time to see if price close above that support or below if close below than very good short opportunity 2) black line : - price moves in this channel and we can see it's also taking support on this black line if market has to continue we have a nice...
reasons for long: third touch on trend line + strong support level TP under the emas SL under last low
Price touched our demand zones last week. We are waiting for more touches and hopefully a strong rejection candle inside our demand zone. A good entry long would be inside our demand zone for better risk-reward ratio. Get our free signals here: t.me Follow us on Facebook: www.facebook.com
* 50% for all predicting. - Daily: broken down and keep to up rule. - H4: Head and shouler is supported by MACD & FORCE INDEX. - Good luck.