CADJPY SELLLooking for sell on this position as long as price respects the level that it is at. If it does, will be looking to take sell down to TP zone just below 4 hour support, if it breaks.
Cadjpysell
CADJPY wait to SELLThe price is entering Resistance area, look at H4/D1 to see the Resistance area.
So, I choose to wait if the price will fail to break Resistance line, and then open SELL.
SL at 78.829
TP1: 78.050
TP2 below 77.500
TP3 76.800
Support and resistance, pivot line,
$CADJPY Short against Weekly Close of 78.00With this weekly close below the EMA9, the CADJPY continues to test a firm resistance and retreat. The $CADJPY is looking like a Short against Weekly Close of 78.00 for a test of the low at 73.00. The current price is at 76.68, which would provide a good risk to reward for this pair. Only weekly close above the weekly high of 78.00 would negate this pair's bearish pattern.
My analysis is not to be taken as final target or exact numbers, but as an exchange rates heat map of where sentiment and expectations are going. Take profit when you feel necessary or cut your losses.
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Let's make some money together!
Happy Trading!
Dr. Lydia Smith
CADJPY reversed from resistance, potential drop!
CADJPY reversed off its resistance at 77.860 where it could potentially drop further to 76.383.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADJPY SELLPrice has broken through up trend line.
Signals a potential sell opportunity.
I've entered and set my SL to 76.586 and anticipate to take profit at 75.60.
POTENTIAL SELL OFF ON CADJPY TO COME Price is currently moving bullish in what i would see as a retracement. I will be looking out for price to move up to our marked entry level of resistance. From this point, price has the potential to move bearish to our take profit levels.
Stop loss. Entry and take profit level have been marked. Do not risk more than 2% on this trade
CADJPY Breakout Rejection - Consolidation In Short Term. SELLCADJPY's attempt at making a breakout above the 76.800 level seems to have lost strength, and I see it now consolidating in a narrow range between 76.800 and 76.650 levels in the short term. A clear trend maybe seen after getting out of this consolidation range, but right now, I will look at going short in this pair since the breakout attempt seems to have been rejected. I would set my take-profit level at 76.650 level, which is not much, but since this is the consolidation range, we cannot expect a very high take-profit range anyway.
CAD/JPY, expect a drop after Breakout of a support TrendlineWe expect a drop on all japanese yen quotes including CAD/JPY. After all the rules of our strategy will be satisfied, we would short the pair.
POTENTIAL BEARISH MOVE ON CADJPY TO COME Price is currently in what i would class as a bullish retracement. i am looking for price to test the marked point of resistance before advancing lower. Stop loss marked at the red price level and take profit marked at the green price level.
DO NOT risk more an 2%
CADJPY - Bullish Breakout With Re-test Complete | Buy📢CADCHF 15m - Technical Breakdown
📈Price action has successfully broken through the clear down-trend and has since re-tested this prior resistance.
📈A long opportunity from the current market price presents a 1:2.5 RR trade aiming to bank 60 pips up to the highlighted take profit near 76.500
CADJPY Range; what to expect?In my previous CADJPY analysis, I published about opening Sell at 77.95. That trade gave more than 170 pips profit.
So, what can we expect now?
Well, in my opinion, the downside should continue till CADJPY reaches support level. But, there could be some minor pullback. I prefer to sell the rallies in CADJPY.
CADJPY TP1 77.20, TP2 77.65HI, TRADERS
MY NAME IS KD
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CADJPY moving in a rangeCADJPY is oscillating back and forth between the Resistance and Support Levels on the 4H Chart.
Short positions are valid near the resistance level with TP at the support level.
CADJPY: Flag pattern with Pin Bar Thanks for Taking Interested in my Trading Idea.
CADJPY: Flag pattern with Pin Bar
Dear followers, the best Gift for me is "will be your likes , comments & Share
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!
CADJPY: Try to short After ConfirmationThanks for Taking Interested in my Trading Idea.
CADJPY: Try to short After Confirmation
Dear followers, the best Gift for me is "will be your likes , comments & Share
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!v
CADJPY potential reversal!
CADJPY expected to rise up to 1st resistance at 77.056 where it could potentially react off and drop down to 1st support at 74.902.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADJPY: NICE SETUP NEED TO WAIT FOR CONFIRMATION.Thanks for Taking Interested in my Trading Idea.
CADJPY: NICE SETUP NEED TO WAIT FOR CONFIRMATION.
Dear followers, the best Gift for me is "will be your likes , comments & Share
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!
Could CADJPY Sellers beat buyers?Price action from Friday session shows a bearish pin bar candle at a resistance.
Guess what?
The price action signal has not been confirmed by volume. So why take the trade?
On 1hr time frame, you will notice a supposed double top price action pattern at resistance but this pattern is confirmed only when there is a break of the neck line.
I'll be looking for a 1hr close at the neck line before considering joining the sellers.
