CADJPY Weekly Forex Analysis & Trading Idea for 4th - 8th OctobeCADJPY Weekly Forex Analysis & Trading Idea for 4th - 8th October 2021
Cadjpyanalysis
cadjpy shortin a downtrend, price reacting to a supply area and make a down move and create another supply area.
the price is in that second supply area, we expect the price will make another down movement at least to 50% fibonacci retracement and monitor price action at that area to possibility go down to lowest demand area.
CADJPY SELL IDEAI Have a bearish bias on xxxJPY . My confluence on CADJPY is the head and shoulder pattern and bearish flat
CadJpy can drop from resistanceAt this moment CadJpy is trading in the strong resistance zone
A drop can happen anytime now and the target can be at the bottom of the range
A daily close above resistance would negate this scenario
CADJPY ANALYSISCADJPY just tested the 88.000 resistance and it got rejected, this pair has been in a range from 85.500 to 88.000 so we can look for a short if this pair keeps thisup. If the 88.000 resistance does get broken we can expect the pair to go up to 89.000 resistance. If the pair keeps rejecting the resistance we can look for short entries and ride the range until at least 86.600 or hold until 85.500.
CADJPY Short Analysis Hey traders, here is the analysis for the CADJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
CADJPY 15min ANALYSIS (SELL)We consider selling this CADJPY pair because of a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
CADJPY ANALYSISCADJPY breakout the trendline and wait the retest complete then we will take the order
CADJPY SELLClear indication of sell. I will try by all means to keep posting more analysis, keep dropping likes and commenting.
SELL CADJPY (260PIPS)Price broke out of our minor trendline to tap our daily trendline and resistance area, sell we placed yesterday got stopped out. Would place a SELL on this if I see proper rejection off trendline and resistance area for a 260pips move.
CADJPY bearish trendCADJPY is moving in a wedge and now its rejected from the topline of wedge so am expecting it to go down to the demamnd area that is lower line of wedge.
GOOD LUCK GUYS
CADJPY-Short#CADJPY
Market was recently unable to cross cluster of resistance instead break a strong support and retested it. SO here is a good selling oppurtunity.
CADJPY Bearish Analysis (Risky Trade)For the past few days, we witnessed some JPY strengths which as a result CADJPY was pushed down!
Technically the structure is downtrend BUT WE CAN NOT IGNORE THE PRESENCE OF a SUPPORT ZONE AT DAILY TIMEFRAME!
So if we observe any reversal pattern candlestick formation at daily support zone or lower timeframes like H4 and H1, it might be a good sign for bulls dominance on CADJPY!
Zigzag Wave @ CADJPY - BUY PAIRFriends,
CADJPY/EURUSD and GBPUSD are all correlated. Compare them using Daily TF if you feel like verifying.
Am going long with multiple positions strategically trapped inside the yellow box area. You might want to you stop and limit orders.
Feel free to sit this one out if you have already opened GBPUSD or EURUSD trades. Ultimately do not trade this signal if your trading system does not allow you to risk your capital on corrective or zigzag waves.
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
FX:CADJPY
When You Can Buy CAD/JPY After This Huge Movement To Downside ?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
CAD/JPY SELL 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 Looks BullishFX:CADJPY
From my analysis, price have touched psychological level 86.000, i expect price to touch the red oval shape(lower channel line) thereby forming lower low, hence it makes sense to start piling trades from the yellow box.
Use proper risks management (1% per trade x 4 trades)
PPPDirhams.
Disclaimer: These are just my thought, action them at your own risks.
CADJPY Ripe for Another Bullish LegHello fellow risk-takers.
CADJPY has been in rather a choppy bearish consolidation and difficult to short for interested sellers.
This consolidation seems about over as overall demand has now picked up. Another rally is in the offing.
This rally is likely to be swift and decisive going up.
Watch out & take care.
_____
* This information is presented for entertainment only and shouldn't be construed as investment advice.
CADJPY ANALYSISOn this pair we see a possible break either to the downside following this downtrend and breaking the support at 86.6, creating a big support break, or we can break this downtrend and break the 87.6 resistance, if we see a confirmation either to the upside or the downside we have alot of potential entries for both this trades so wait for confirmation from the breaks and then enter the trades at the desired price.
