CADJPY trade ideas
CAD JPYMay be a double bottom pattern form before going up. wait for a BO.
Use proper risk management.
Thank you
💡Don't miss the great sell opportunity in CADJPY
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (88.038).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 35
Take Profits:
TP1= @ 87.470
TP2= @ 87.079
TP3= @ 86.590
TP4= @ 86.070
TP5= @ 85.400
SL: Break Above R2
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BEST SELL OPPORTUNITY PRICE IS IN MAJOR DOWNTREND
PRICE IS AT STRONG RESISTENCE AREA
WICK REJECTIONS AT KEY LEVELS
PRICE IS IN CONSOLIDATING AREA
ENTRY ; ater breaking structure low (yellow line)
tp1 87.082
CAD JPYCad Jpy is in downtrend, same time possible to make head and shoulder pattern. looking for a short CJ.
Use proper Risk Management
Thank you
Grow your small accountsA GREAT STRATEGY TO GET THOSE HUGE TRADES BOTH INDICATORS SHOULD SHOW THE SAME THING LIKE BUY OR SELL SIGNALS
CAD/JPYCAADJPY M30 Timeframe. Please don't forget to FOLLOW , LIKE and COMMENT .
If you like my analysis.
Thank you and Good Luck!
💡Don't miss the great SELL opportunity in CADJPYPlease show your support back,
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💡Don't miss the great SELL opportunity in CADJPY❤️ If you find this helpful and want more FREE forecasts in TradingView
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💡Don't miss the great sell opportunity in CADJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (89.68).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 29.
Take Profits:
TP1= @ 89.44
TP2= @ 89.24
TP3= @ 89.04
TP4= @ 88.89
TP5= @ 88.70
SL: Break Above R2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
CADJPY 4HRlooking best pair next week nice news are coming out and the situations are also nice to see a good sell setup.
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FEEL FREE
Sell @ 89.750 Good trade Sell @ 89.750 and stop loss @ 89.970
TP1-89.670
TP2-89.500
TP3-89.300
TP4-89.100
It's not advisable if you are taking a trade on behalf of this then use stop loss and proper money management.
If you like please drop a like for more trade like this
