CADJPY- SELL strategyWe have reached the expected upper levels and now we are going to be in corrective mode.
the GAN resistance 91.77 should protect us well when going short. The stochastic is negative and will help to ignite the move lower.
Sell strategy is SELL current 90.50-90.80 area for a move to 89.65 (89.58 GANN) and keep stop loss above 91.77 for now.
Cadjpysell
CADJPY Short (Daily/Weekly Analysis)CADJPY rejected an important Daily/4H resistance level after faking-out above it (which corresponds to a Weekly/Monthly wick) the SL will be put to break-even when price reaches 90.240 level, as it has acted as a strong support/resistance in the past and price could bounce up from there. The Final target is 87.800.
CADJPY BEAR RALLY RUNNING SUCCESSFULLY.CADJPY is currently running in massive profit, this was my gift to many following my work, I hope you all stayed loyal to the signal and are bagging successfully.... with over 100 pips stuckinprofit, i will be closing partial profits and let the remaining positions run to final target, if you are currently bagging this pair, leave a comment below.. merry Christmas in advance.
CADJPY SLOW PROGRESS IS SUCCESSCADJPY is the ultimate signal for the week and its free........
price is currently playing nicely and running in profit, looking for a huge dump today hopefully as price is stuck in profit with over 10% already.. if you are currently stuck in profit, leave a comment below. everybody eats.
CADJPY BEAR RALLY CONTINUES After bagging CADJPY from 91.000 - 88.000, a simple pullback was seen for the bulls last week, with proper observation, price only went to retest broken structure, which means bear continues its rally, using fibonacci tool to mark out support and resistance, i will be taking my position from the awaiting breakout of the zone.
To everyone thats will love to take this Trade with me, i will advice you trade with proper risk mgt, meaning risk only what you can afford to lose.. if there is any question for me, kindly comment below, this is a swing trade and might take the entire week, bag safely.
CADJPY RUNNING MASSIVELY IN PROFIT Swing trading is what i think everyone should master, it can never be taught in a course except one on one, i am grateful to everyone that have been faithful to my channel and took this trade with me, patience and goodluck are very close, if you want goodluck the true question will be how much patience do you have? 23 days of massive swing trading and all i can say is i am grateful to the universe for the knowledge and the people currently around me, will be looking forward to smashing targets today.
Have a blissful weekend y'all.
cadjpyCADJPY - Short
Why are we entering?
- Price broke the ascending trendline = bearish
- Expecting further CAD weakness & JPY strength after a short retracement period = CADJPY SHORT
What are we waiting for to happen?
- Waiting for the next pullback so we can draw WFB
What is our confirmation?
- rejection of structure and EMA
- Waiting to draw WFB
Entry
Safe Entry: Rejection of structure and then WFB once correction appears
Risk Entry 1: Rejection of structure and Fib
Once entered, where will our Stoploss be?
- above the rejected price
Where do we take profits?
- First TP: 89.3
- Second TP: 88
- Third TP: 86
CADJPY ANALYSIS AND TRADE IDEA - SELL TO BUYHello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/
On the Monthly we are bullish with an ICI to the upside which the market is currently retesting the previous resistance turns support once we see a close above the support we can see a continuation to the upside.
Dropping down on the Weekly we have an over extended W formation where we can see a retracement to the neckline or the wick of the candle, we will base our take profit for this weekly trade on the impulse.
On the Daily we are also testing previous resistance turns resistance due to the closed below the structure, EMAs are about to cut for short though MACD still is above the 0.
Trade Signals
SELL
Entry: 90.832
Take Profit: 87.880 (295 pips)
Stop Loss: 91.775 (94 pips)
=====================
BUY
Entry: 87.906
Take Profit: 95.263 (735 pips)
Stop Loss: 86.755 (115 pips)
Good luck!
Trade wisely, please do proper money management.
~FX_SHIFTER
CAD/JPY 1HR CHART SELLHi everyone this is my trade set up for the CAD/JPY
This is my analysis only please trade with caution and risk management in place
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
good luck for this weeks trading
please like and comment both are welcome thanks