Cadjpysell
CADJPY SELL STOP 87.104 If you like this idea follow this.dont trade before sell stop, if you get 20 to 30 pips kindly close,its good for investment 2% risks.
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CADJPY Daily Timeframe (Bearish Case)A few days ago I shared CADJPY analysis indicating a bearish pattern on H4!
Today I want to share the same analysis on the Daily timeframe!
Price is approaching to daily trendline resistance zone!
At the same time price approaching a key supply zone!
Failure to break above the zone will be an indication that bears are about to take over!
CADJPY SEllCADJPY a lot going on this week in terms in my testing phase on the trades im watching again these are not trades for you to take if you follow me but something i'm putting into place for what i'm testing on serval techniques i have learnt over the years
lets see how it plays out
what are your thoughts............?
SHORT CADJPYSHORT CADJPY @ 87.40
TP @ 85
SL @ 88.55
I have decided to sell CADJPY prior to Jackson Hole on Friday as I feel that USDCAD is reaching support lvls and will rip soon. If that is not the case and the USD decides to sell off, well then USDJPY will push lower driving CADJPY lower. We also have key resistance and pivot lvl at 87.40 this making it a good entry for me. CADJPY has rallied a lot in the last week and I feel it is running out of steam up here thus I anticipate the next move in this pair will be lower.
Good luck!
💡Don't miss the great sell opportunity in CADJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (87.12).
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 28.
Take Profits:
TP1= @ 86.63
TP2= @ 86.37
TP3= @ 86.02
TP4= @ 85.41
TP5= @ 84.68
SL: Break Above R2
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I don't get comments or likes, simple analysis CAD/JPYMy account is not popular and does not collect many likes, but check all my Forex analyzes
But most of my analyzes are correct and accurate
Analysis like my previous analyzes in forex .. Review them well and you will find that they are all correct and come with goals in a short time
Most of them are long term
Thank you very much
CADJPY ANALYSISThis pair finally breaks above its current daily resistance.
We saw this happen yesterday with strong bullish pressure.
Now, we could see a pullback before a continuation upwards.
As the trend and momentum is up, we are inclined to trade with it.
If price pulls back to the region, finds support and bounces with bullish rejection, we'll go in for buys.
Short Vision on CAD JPY for 10/08/2021Hello Dear Traders,
You find below my analysis for CAD/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame CAD/JPY will fall to 87.4 as I am showing in my chart. Our Daily Goal is 87.24.
Currently, CAD/JPY is moving towards the resistance level 88,where there is some liquidity from this value we are looking for short-term selling opportunities of CAD/JPY.
Good Luck and enjoy your Bearish Market for today.
Entry:@88
TP1: @87.75
TP2: @88.55
TP3: @89.25
SL: @88.2
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
CAD/JPY New Short Setup Available To Catch 200 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CADJPY Short IdeaCADJPY failed to break through resistance and it also closed in the daily timeframe as a bearish pin bar. Also, in the weekly timeframe there's some sort of head and shoulders formation. Overall trend is bearish in the daily timeframe. If you are taking this trade, try not to risk more than 2% of your account. Good luck and have a successful trading week.
CADJPY Let me remind you that in my previous analysis I have mentioned selling opportunity , and it turned out great. Now as we can see price is making bearish correction and approaching on structure level. I am expecting great opportunity again on above levels. Remember Rejection will be considered on structure level. The CAD index is doing bearish correction and then dropping and JPY index is strong. So overall we should have a good short opportunity coming our way.