Dear Traders & Followers, There is a possibility to go SHORT from current price or 88.10 to the level of or 87.30,86.50. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
The supply above us is a great new one, there are unfiled sell orders Waiting for the price to come back and pick them, also the price is Coming up with compression which is good, I'll sell at the supply above, My first target will be the demand below, and the final target is the demand At the bottom.
Hello - Wait for a little retracement, confirmed support and then enter for long
Currency Pair: CAD.JPY Time Frame: Daily, 4hr & 1hr Predicted Direction: Long Live CAD.JPY updates will be available in the comments section below
Price is starting to see major resistance below 89.24 (50% Fibonacci retracement, 61.8% Fibonacci retracement, 78.6% Fibonacci retracement, horizontal swing high resistance, bearish price action) and a strong reaction could occur at this level to drive price down to 88.52 support (Fibonacci retracement, horizontal pullback support). Our next major level of...
Go to smaller time frame and see the price action before taking your long position. Good luck to all !
The Canadian Dollar has been trading in a channel up against the Japanese Yen during the past nine months. After testing the upper boundary mid-September, the Loonie began its way towards the southern side, thus forming a junior channel in the opposing direction. The senior pattern was reached on November 29 and re-tested once again on Tuesday. As apparent on...
I will update the related ideas. Follow me to learn more ideas of CADJPY. Good luck.
cadjpy long if market respec the breakout marjet will foloow my arrow
Price is now testing major resistance at 87.81 (23.6% Fibonacci retracement, 38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this price. Our next major level of resistance is at 88.01 (Fibonacci retracement) and our next major level of support is at 87.34 (Fibonacci extension, horizontal...
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