CADJPY for sell if breaks the trendline on daily chart u can sell from current point with Tight SL : 89.050 or wait for Break Trendline so CADJPY For Sell not for buy at the moment
We see a correction of 200 PIPS from the current level. Let's Watch !!
Buy CAD/JPY after a retracement/pullback as shown in the chart. Respect the Entry, StopLoss & Take Profit Zone . Hope, this will be a nice trade. :)
The CADJPY isn’t something I trade often. But recent price action suggests the pair could be in the early stages of the next leg higher. And with the right amount of patience, the technical structure that’s been forming since mid-February could offer an attractive entry. The pattern I’m referring to is the descending channel that extends from the February 15th...
Descending channel is about to be broken. The pair will fall down to 80 in coming days. We post more charts on lower time frame to further elaborate the idea.
Hi,traders!The price will test 84.8!I hold a point:Good charts does not more words to explain! Good luck!
After completing double top, the price is going towards double bottom at 84.80 to 85.00 level - We see a big move from 85 to 86.50 in a shorter period of time.
Take Entry @ 85.10 Take Profit @ 83.30 Stop loss @ 87.65
The 3TAP theory might show its glory here. I find it interesting that there have been so much cash build up, seen in the volume. I'm curious about this one. Seeing that CAD is not doing well on many pairs, it might be a good short with a tight stop-loss. I would wait and let it confirm a short. It needs to pass EMA10. It's a good rule of thumb to never trade on...
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 21 Major Cross-Rates (of this 1st Week 2017) statistical data @ my GOOGLE Drive drive.google.com Best regards Aaron
Double top forming possible head and shoulders could form if price wants to be stubborn. If price is not able to break above 88.80 level then it will drop down to 3 possible areas 1st being 84.000 2nd. 82.000 or 3rd. 80.000
This is only a trading capability - no recommendation !!! Next wkk i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
I'm new to Forex market so if anythings wrong with my chart or my wave counting please let me know, Thanks. Trade with care.
Look for buy on first impulse , its a very good risk-reward setup. Linked below is my USDJPY and XAUUSD setups, both of them are in good profit, you can still enter based on your strategy. Give it a like if this has helped you in any way. Follow for more ideas and daily updates