Cadjpyanalysis
CADJPY, Bears are Expected..!As salam alaikum
T.A Review:
Bullish Channel
Consolidating since last Month
Another Falling Wedge
Holding Rejection zone i.e 82
Strong chances of pullback.
F.A Review:
Dollar strengthens and Covid can't be ignored.
FED decisions, NFP,ISM and PMI are on the way
as well. Market will be highly manipulative this
month.
CADJPY high probabilty for 83.70 and 84.20professionals increased long positions 3k by last week, commercials increase short positions 8k by last week. professionals increase 5k shorts in jpy while commercials decreased 3k shorts. weekly key reversal bar made a new low closed off the high dictating for bullish momentum ahead.
CADJPY is preparing for SellCADJPY is preparing for Sell trade IF AND ONLY IF it break the channel below and restest.
If you are taking this trade, please do proper risk and money management.
CADJPY - Drop OffI would like to think that the resistance has been wicked into enough for it to plummet from here. I want to see a slight pullback into the previous structure before bears take control.
CADJPY ANALYSISCADJPY ANALYSIS
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Idea is not the financial advice!
CADJPY possibile shortHi Traders,
This is our view on this cross for the next few days.
#CADJPY
SELL 81.425
SL 81.73
TP 80.15
We remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if the rules of our strategy are strictly respected.
Any updates will be given in the comment section below
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Trading Kitchen
CADJPY to Follow Have have seen other JPY pairs fall. The CADJPY is a very profitable pair and has less surprising moves than the others.
Once again good morning traders it's Monday morning new week I wish you good luck in your trading. If you like my chart please press like .
Short Positions at market
Stop loss around 82.25
Take profit at 79.16
I will be monitoring this trade thank you.
CADJPY Short Setup Trade IdeaOn positive fundamentals, we saw CADJPY take a leap to the upside, followed by a strong rejection from a major resistance level. This has helped to reduce our stop loss size and great increase our R:R in a short position back down to key support levels.
CADJPY Long swing trade ideaHey traders, here is the analysis for the USDJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
CADJPY - Break out. Buy zone. Preload.
The price is being drawn to a strong level. The preload process demonstrates the struggle of buyers and sellers. The first side (buyer or seller) buys the movement of the second side and moves the price further. The second side is resistance. The goal of the first side is to tighten the price to a strong level and gain "energy" in the form of limit levels. The goal of the first side is to stop moving towards the level.
CAD/JPY BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a conformation!
CAD/JPY: Swingtrade-Preparation
Market-Buy: 81,950
Stop-Loss: 81,210
Point Of Risk-Reduction: 82,810
Take-Profit: 83,800
Stop-Loss: 74 pips
Risk: 0,5% -1%
Risk-Reward: 2,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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CADJPY Short set up CADJPY has a head and shoulder probability on the sell-side. expecting an 80 + pips downtrend on multiple days
