CADJPY - Respected area - Don't forget %2 Risk management... Thank you for your likes and comments :)
OANDA:CADJPY Safe Trades;
CADJPY is near to 87.20 which is the support of the ascending channel daily. We wait a potential reaction on this support to get answer on what next.
Hi traders, I am in a buy after a double Bollinger Band spike on a fairly strong support level and little down trend. Market structure is also indicating that we could expect a move up, breaking the top (impulse + completion of a corrective flat). If this 4H candle also closes outside of the Bollinger Bands, then we have a clear confirmation. Make sure to cut...
Enter now or wait for Trend Line Break and .382 Fib rejection candles to form near the Yellow Circle on chart. Past two years, we have left left this zone
I think chart is speaking more loudly :) Best of luck
Hi traders, I just spotted a nice Bollinger Band spike. I am planning to take this trade as soon as the market opens due to the following reasons: 1) We are in a correction and anticipate another impulsive wave up 2) Bollinger Band spike 3) We completed a flat (This is not a trade recommendation!)
Price seems frozen below the resistance zone, unable to close above. When upwards is barred, downwards winks.
after double top, price pullback to the structure. i want to short again, either break the trendline or complete 2618. stop above double top.
Price is looking to break lower to the downside, I will be watching for price to break the 38.2% fib level & retest below the CTL for potential shorts, further confirmation needed so I will wait until price plays out : )
Hey guys, another setup for CAD/JPY. Strong rejection level confirmed by H4, looking to short until psychological 88 Cheers Jesse
CADJPY - rise is above important level 88.10. What’s more, currently there is a slow break above bullish cloud going on. If in this place any buy signal will show up, we can open longs targeting resistance from daily chart next to 89.50.
Currency pair - CAD.JPY Chart timeframe - 4hr Area of interest - 88.871 & 89.248 Chart pattern - Bearish Cypher Potential target 1 - 88.352 Potential target 2 - 88.031 Potential extended target - 87.793