Week3 - CADJPY | Candle SticksCurrency Pair CADJPY Taking trade on the basis on candlestick patterns on HL.
Cadjpyanalysis
CADJPY showing bullish momentumCAD getting stronger overtime. also sent this one last week. I'll go long with this one too. because the stucture is uptrend and price broke past EMA.
GBPJPY can possibly head Higher Good morning traders. this trade would be suitable to be taken If this candlestick closed like this, and above EMA. this is not a trade recomendation just an idea in which I'm going long.
CADJPY Short OpportunityWe are seeing the CADJPY to go down and break the 101$ mark.
Let's get started!
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If the price hovers around this current market price or respects the trend line then we can expect the prcie to be in the channel which can easily give us 300 pips profit
CAD/JPY buy signal....VIEW
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE.
CADJPY Set UpMy CADJPY analysis. I'm not sure just yet what this pair will do. Naturally, I have a sell bias on a lot of my JPY pairs, however, I'll see what this pair does! But these are the 2 scenarios I see for this pair :).
CAD JPY ShortThis is for short term.
Use Minimal stop loss to avoid huge loss.
Before entering the trade do your own research.
CADJPY SHORTING WEEKLY TIME FRAMECADJPY has reached and been rejected from 2014 big resistance level.
Weekly time frame:
rsi = overbought
macd = weaken.
It got rejected from resistance in 8 june 2022 and tried to retest it but failed in 21 june 2022.
However on the 1 hour time frame, it failed to break LL of 10200 in 16 jun 2022.
But higher time frame moment is down, expect market to go down.
Cadjpy has been pumping due to the war = printing + exporting stuff.
CADJPY - SHORT POSITIONShort Position
LH LL in formation
Bearish structure
can be short after LH is formed
CADJPY SELL with 3 confluences We will be looking to short CADJPY. The market has been bearish for several days. We can see signs of market exhaustion.
1. Trendline Breakout
2. Breakout Of Key Level
3. Retest of Key Level
Target is the low of the month. Risk Reward is around 1 to 8.
CADJPY (L OR S) 🔥🔥🔥ENTRY OPPORTUNITY
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
CADJPY SHORT - MORE BEARISH MOMENTUM!Looking for a pullback into 104.700 to short CADJPY back down into 101.000.
If you agree drop a like and if you have any questions leave a comment :)
Cadjpy risky longsCadjpy has been in a long term uptrend, so we should be preparing for a distribution.
Nevertheless, this lends credence to a trend following approach being optimal.
A pullback to the previous high of the pair should signify a highly probable formation of a Higher Low to shoot for a continuation long.
Incidentally the pullback zone is also the 61.8%/50% fib level of the upmove.
The bullish break and retest of the LTF descending trend line and the LTF minor resistance should most probably start a bullish climb to equal highs at least.
Pls like and drop quick sub and COMMENT!.
CADJPY - POSSIBLE SHORTCADJPY is reaching resistance - this is where the sellers were.
It has acheived an ABCD pattern (green).
At the moment the price action is still too bullish but it's time to keep an eye on it.....
CADJPY shorts I'm looking to short CJ into the 105.300 level following the results of recent price action.
CADJPY $CADJPY Initial LongCADJPY $CADJPY Initial Long. SL and TPs on chart. 10-20x leverage. Move SL on TP.
CAD/JPY Bearish Butterfly builded, its will give me some pipsAll on chart
comments welcome!!!
sl: open now
Tp: open
CADJPY: Defense Barriers 🛡Like most XXXJPY pairs this one is also extremely over-extended.
I find it hard to believe that market makers have made it so easy for buyers with a simple trendline breakout buy.
This will be liquidity to target when sells do become available.
That leads us to when sells will become available.
The answer is unknown but we do have two strong key psychological defence barriers around 104 & 105.
If this slows price and some manipulation occurs - we can sell down into my target levels.
Until then we must sit on our hands.
What is your view on this pair? 💬
Short on CAD/JPYToday we are looking at CADJPY and the pair breaking the 102.500 - 102.440 range and dipping 100 pips. The trading set up that we have behind this trade is as follows:
CADJPY SELL @ 102.608
TP: 101.234
SL: 103.459
+5 % Missed on CADJPY. Here is what happened 😢Hi Purpose traders. I recently missed out an amazing trade on CADJPY. The setup was perfect. I'd like to share with you my analysis behind the trade.
A few things to keep in mind:
1. I am a swing trader
2. I am not a pattern trader
3. I am a supply and demand trader and not everyone trades it the same
4. It's ok if you trade differently from me. Thats what makes us unicorns. Our horns can look different and we can still be amazing.
