Long CJit is a simple fact that in the higher timeframe we are in the major up trend and if the price brakes below the trend line, i would look for shorting it.
JPYCAD trade ideas
CADJPY @5:30-45 pm downtrend expectation from 101.900 -. 101.860I believe that the current down trend will end at 5:45 at or below 101.860.
After the end of the diminuendo, a main crescendo begins so instead of a put dump I believe the up trend will continue.
CAD JPY Beready to short for shorterm
Wait for price to reach sell zone.
Be patient while consolidation.
Enter with minimal stoploss.
Big negative news will be there for this pair at tomorrow early morning.
We can get at-least 200pips if reversal happens.
Before entering the trade DYOR.
💡Don't miss the great sell opportunity in CADJPY
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (98.29).
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 41
Take Profits:
TP1= @ 97.22
TP2= @ 96.68
TP3= @ 95.70
TP4= @ 94.69
TP5= @ 93.80
SL: Break Above R2
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CAD/JPY -SHORTTime To Open Short Looks Very Decent and Profitable Trade
Can Enter Now As its around our Entry Trigger
addtional Entry Can Be Seen in Chart When it Will Break the Rising Wedge
See You Soon
Have A profitable Trade
CADJPY Sell trade opportunitiesCADJPY Sell trade opportunities
CADJPY running on range and its ready to breakout if market close below the support area with very strong Bullish candle then market will be further move in bearish phase after confirmation of breakout wait to retracement then inter in sell journey with very good risk rewards
"Always trade with Stop Loss"
CADJPY bearish good point to enter here cadjpy is at good point to start falling ! around 400 pips in long run
so for the swing trade you can enter with proper risk and money management
{GREAT SELL OPPORTUNITY IN CADJPY}Market is reached at resistance level may go down. So use proper risk management
Happy trading!
💡Don't miss the great sell opportunity in CADJPY
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (90.80).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 45
Take Profits:
TP1= @ 89.73
TP2= @ 89.35
TP3= @ 88.74
TP4= @ 88.26
TP5= @ 87.66
SL: Break Above R2
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Big players trapWhen ever you trade support or resistance or trendline
Alway trade after a false break
This is only for education purpose donot trade
Short CADJPYYou can see a clear Bearish divergence, and a long red candle, which indicate that its time to short CAD, also JAPANESE YEN CURRENCY INDEX is down and CANADIAN DOLLAR CURRENCY INDEX is up.
Head and shoulderThe trend is up and we are at strong resistance the price is making brand and shoulder pattern
And we are at left shoulder trade only when the key is break and close
The uptrend can be intact and continue to uptrend be cautious we are trading agaist the trend
The anylysis may go right or wrong because we all know that this is game of probabilities
💡Don't miss the great buy opportunity in CADJPY
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (89.87).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 78
Take Profits:
TP1= @ 90.84
TP2= @ 91.50
TP3= @ 92.18
TP4= @ 93.00
TP5= @ 93.68
SL= Break below S2
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Trade well, ❤️
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CADJPY#simplepriceaction, #BREAKOUT #breakdown #MSB, #expansion, #orderblock, #reversal, #risk-reward, #moneymanagement .... only for educational purpose
CAD JPYJust entered into the trade. those who followed me now about it.
Use proper risk management.
Thank you
Trend analysisfollow tha trend line and support is very strong resistance is nice tha partten is continue
CAD JPYas mentioned in last analysis, still waiting for a move on CADJPY.
use proper risk management.
Thank you
CAD/JPY short * Bearish engulfing
* 1.13 XABCD pattern
* 92 handle strong resistance
* bearish on crude oil prices
* head and shoulders on 4 HR
* RSI extremely overbought
CAD JPYPossibility of CAD JPY (Canada CPI News)
May be it will come down to make a HH and HL.
Use proper risk management.
Thank you
CAD JPYCJ is in crucial point of Resistance zone. if it breaks it, then looking for a LONG position.
Use proper risk management.
Thank you
