V.Bearish 88 zone nice resistance. Could look for a short there as a good lre. Next zone : 87 Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is...
CADJPY has reached our major resistance level and is starting to react strongly off it. Major resistance to keep an eye out on remains at 89.75 (61.8% Fibonacci retracement, 78.6% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) and a strong drop could occur at this level pushing price down to at least 88.52 support (Fibonacci...
cadjpy short trendline breakout structure breakout retest 61% fib tp 100pips
CADJPY Review ------------------- Pattern : Inverse Head & Shoulder and Flag Pattern. Possible Target : 100 Invalidation : If price comes below the neckline Trading Tips : "When I trade, I don’t just use a price stop, I also use a time stop. If I think a market should break, and it doesn’t, I will often get out even if I’m not losing any money" - Paul Tudor...
Price has broken above the trend structure after a correction since September 2017. We are holding onto a bullish bias for this pair, potentially targeting 94.60 area. I will be following up and tracking this thread regularly throughout the year. Make sure you follow this idea to get notified whenever there is an update on this idea. Have a great trading year ahead!
CADJPY is seeing major resistance at 89.75 (61.8% Fibonacci retracement, 78.6% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) and a strong drop could occur at this level pushing price down to at least 88.52 support (Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3) is seeing major resistance below 100% where...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
Hi guys, on CADJPY we're facing a good level of structure on the daily timeframe: in that zone we can see we've an RSI divergence pointing in the short direction, together with a small 1hr double top and a 4hr engulfing candle. Short with stops above the highs and targets as shown. If you have any question/idea, feel free to comment below. Otherwise, see you in...
Hi guys, on CADJPY we're facing a good level of structure on the daily timeframe: in that zone we can see we've an RSI divergence pointing in the short direction, together with a small 1hr double top and a 4hr engulfing candle. Short with stops above the highs and targets as shown. If you have any question/idea, feel free to comment below. Otherwise, see you in...
I present to you the calculations of an algorithm I have had major success with. Today's signal is a buy on CADJPY . The pair has made what our algorithm team calls a "Z-PATTERN". This means that price breaks a yearly high or low depicted by the algorithm, re-tests it one more time and then takes off away from it. This is the core of our system, and has...
swap long is positive on my broker. Target 60 , 100 300 pips
Currency pair - CAD.JPY Chart timeframe - Daily Area of interest - 89.917 & 90.767 Chart pattern - Bearish Cypher Potential target 1 - 88.708 Potential target 2 - 87.971 Potential extended target - 87.494
Everything is mentioned in the chart along with the levels Best of luck
Yeah Yeah, I'm anxious, I took a small early entry since there is a slight positive carry on this. I will add if it goes lower.
Pending Long @ 86.00 Stop Loss @ 83.00 Target @ 94.00 RR Ratio @ 2.67 Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.