CADJPY - Break out. Buy zone. Preload.
The price is being drawn to a strong level. The preload process demonstrates the struggle of buyers and sellers. The first side (buyer or seller) buys the movement of the second side and moves the price further. The second side is resistance. The goal of the first side is to tighten the price to a strong level and gain "energy" in the form of limit levels. The goal of the first side is to stop moving towards the level.
Cadjpysell
CADJPY - false break outFar level retest.
The price is returned for the retest level the previous touch of the level more than 1 month ago. Moreover, a strict number of false breakdowns.
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CADJPY - SWING - 30. NOVE. 2020Welcome to our weekly trade setup ( CADJPY )!
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1 HOUR
Bullish takeout, expecting a turnaround shortly..
4 HOUR
Price too high imo, great short entries!
DAILY
Overall Sideways moving market structure, looking for another push to the downside.
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FOREX SWING
SELL CADJPY
ENTRY LEVEL @ 80.230
SL @ 80.420
TP @ 79.380
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
CAD/JPY SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
CAD/JPY: Daytrade-Execution
Market-Sell: 79,090
Stop-Loss: 79,450
Target 1: 78,760
Target 2: 78,570
Target 3: 78,285
Stop-loss: 35 pips
Risk: 0,5%
Risk-Reward: 2,34
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Peace and good trades
Irasor
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CadJpy- A new retest of 78?After a drop to 78 support, CadJpy recovered some losses but couldn't break above the important 80 resistance.
With OIL on a descending channel and strongly offered around 39, I expect CadJpy to follow and 78 could be the first target for bears
I'm looking to sell rallies for this pair and a daily close above 80 would invalidate this scenario