Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 a time-frame. - Price action is reversed off the Supply Zone - Targeting the other Demand Zone - Price action looks like it will retrace first before grinding up higher. Suggested Trade: Entry @ Area of Interest 113.70 - 114.20 SL @ 114.92 TP 1 @ 112.92 (Close Half-Position &...
Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci projection and could reverse from this level to our take profit. Entry: 114.72 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci projection. Stop loss: 115.84 Why we like it: There is a pullback resistance level...
Buy all Jappy Pairs basically What took 5 day to grind up got unwound in 1 Then back up in 1 Halfway there
Type of order: market sell order. right now With a small stoploss and a beautiful take profit. Be carefull, because the trend is bullish. We want the correction thanks and blessings.
CADJPY is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 38% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
CADJPY price is near the resistance zone. 114.577-144.865 If the price cannot break through the 114.865 level, it is expected that there is a chance that the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Hello, we are in a good resistance zone and I think we are going down towards the big support zone. Good luck
Dear Traders, Likewise our GBPJPY idea we also expect the similar movement on CADJPY, due to JPY recent bullish price correction, price of JPY pairs dropped heavily, however, the good thing is price rebounding from a vital key level which may be a turning point that buyers were looking for. Please note, today there is bank holidays in the uk and japan.
114.214/114.244 must close & break above these two figures. 113.97 Small sl 133.75 Initial round number 110. That holds it will happen in a years time from today I expect big pumps in jpy pairs watch the space 500 cadjpy 700 usdjpy Gbpjpy still not sure but 239 maybe higher we'll see that one as we not sure on decision as yet due to missing 2019/2023 entries...
CADJPY Uptrend Trend Continuation Trade 1. Weekly Uptrend 2. Nice build-up of bullish momentum candles 3. Currency Strenght Meter confirmation 4. Trend Following Indicator confirmation 5. 2% Risk. 1:1 R:R 6. Stop Loss below candle's low 7. Overall counter-yen sentiment I came back to basics. Mastering trend following strategy on daily candles with R:R 1:1 and...
CAD/JPY LONG idea After taking GBP/JPY and EUR/JPY Long Trades which im currently up over +200Pips on Gj and +100Pips on EJ I'm seeing a good opportunity on CAD/JPY Long İdea
CADJPY is moving in an ascending channel. The chart broke through the dynamic resistance, which now acts as support. The price is moving under the resistance level, which coincides with the 38.2% retracement level of the last bullish momentum. We expect the growth to continue. ------------------- Share your opinion in the comments and support the idea with...
Hello TradingView Family / Fellow Traders, CADJPY is currently approaching a massive supply zone marked in red. 📉 For the bears to take over again and start the next bearish impulse movement, a break below the last major low in gray is needed. Meanwhile, CADJPY would be bullish short-term and can still trade higher. 📚 Always follow your trading plan...
CADJPY current trend is bullish as price printing higher highs and higher lows and we will try to ride the trend. Trade plan mentioned on the chart.
Hello,Friends! We are going short on the CAD/JPY with the target of 112.379 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
The recent price action on the CADJPY pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️