CAD/JPY

For short traders on CAD/JPY. 92,27 is a target for today.

Currently Long in 2 positions. TP = 93.1X. No SL.

Good luck to me and to everyone else out there who's long!

The CJ is looking quite strong the lower TF, would love to see some correction just below the 93.00 region
before going long for an intraday scalp'

Time for shorting

out of LR channel...

tp1@93,1
tp2@92,5

waiting for a long time...

but the journey to south just begin... stay tuned

Finally i decided to close although i believe that there is more room to down

Venceremos

For anyone interested looks like we just hit the 618 fib on the dailies - with a double top from 16 Jan

Just closed a long position but thinking of selling, market looks very overextended. Can't see gains much higher.

Salivating at the prospect of selling this, potential 400 pip+ bagger.....

Still bullish:

Are you in this position or get into it? Just got into long C/J today but some reports call for it to decline to 92.77 as 61.7% fib retracement. 93.47 just hit as first level of the retracement. CAD is looking weak technically but okay fundamentally I feel so long can be sustained.

Thanks for your question, san99.
Unfortunately, I was stopped out on Friday. I'm no longer bullish about. I am only short EURCAD.

The rally stopped and reversed at 50% retracement, which coincided with 174.6% alternate price projection of the last corrective rally. Next it bounced off the downsloping channel, found some support and is very likely to continue trading in a range between 93.5-94.5.

hi

DAMN this just keeps going up and up! Just like G/J! At least A/J has been buffeted by A/U bearishness. Had to close out with a bad drawdown !

CADJPY long term.

Looking at selling around 98.08 at the end of this coming 5 waves wave c in 4-5 days time. In the mean time tracking it to the top.

Took buy in CADJPY.. will see

Canadian found steady support at 61.8 then 38.2 fibonachi levels, RSI above 50 and continue to rise. If scenario will acknowledged next 1-2 days likehood price will reach and then breakout maximum at 101.400-450.

I have the same count. I join this thread for a while since i am timing my short entry. I think maybe 2 weeks from now.

On the H1 chart the price is fluctuating within a bullish channel and the same time a butterfly harmonic pattern along with a bearish divergence is in sight. We are expecting a drop by the pair if th e channel bottom is broken below.

http://analysis2014.blogspot.com/