Hello,Friends! CAD/JPY is making a bearish pullback on the 2H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 111.685 level. ✅LIKE AND COMMENT MY IDEAS✅
Hi Crazy Traders, This is our Day Trade master plan to Heist Bullish side of CADJPY Bank. My dear Looters U can enter at the any point above my entered area, Our target is Red Zone that is High risk Caution area. My dear Robbers please book some partial money it will manage our risk. Be safe and be careful. Loot and escape near the target 🎯
CAD\JPY: in the dynamic interplay of market forces, the attempt to capitalize on a breakout at the crucial SR level was met with market resistance, leading to a downturn. Nevertheless, astute traders remained attuned to the overarching uptrend, which provided a guiding beacon amidst the fluctuations. The formation of a double bottom pattern served as a beckoning...
CADJPY - Buy Stop Currently Price is trending between a fixed range, Looking to go Long in case R2 is broken
CADJPY formed a huge inverted head and shoulders pattern after a test of a key horizontal daily structure support. Because the pair is trading in a long-term bullish trend, chances will be high to see a bullish movement to higher structure levels. Goal for buyers: 112.14 ❤️Please, support my work with like, thank you!❤️
Hey Traders, in today's trading session we are monitoring CADJPY for a buying opportunity around 112.300 zone, CADJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 112.300 support and resistance area. Trade safe, Joe.
Preferred direction: SELL Comment: The Canadian dollar also perfectly fulfilled its medium-term sell scenario, which we gave earlier. Here, as with AUDUSD , in the short term, the sell-priority remains, and a fall is expected towards the level of 1.34500 , where the nearest support is located. It should be noted that the instrument retains the prospect of...
Hi Realistic Traders, let's delve into the technical analysis of FX:CADJPY CADJPY is currently trading above the EMA90 line, indicating a robust bullish trend . The formation of a symmetrical triangle pattern further supports this trend continuation. On March 28, 2024, the price broke out of the symmetrical triangle pattern with a bullish full-body...
My dear subscribers, My technical analysis for CADJPY is below: The price is coiling around a solid key level - 111.37 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 111.92 About Used Indicators: By the very nature of the supertrend...
Hello,Friends! CAD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 6H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 111.053 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
On an hourly timeframe, CADJPY printed a series of Higher Highs and Higher Lows. Using Fib Retracement tool, an Entry Price along with Stop Loss and Take Profit levels are suggested
ID has printed a 1h sell signal. Price just rejected off 4h supply zone. Should be a solid short from this price.
Looking at the chart of CADJPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
According To Uptrend / Reversal Pattern / Divergence ON CCI / Reversal Price Action On Daily /Fibo Retracement to 50 and 61% .
The CADJPY pair delivered us a very strong buy opportunity last time we made a buy call on it (December 22 2023, see chart below) : Moving back to the 1D time-frame, the pair has been trading within a Channel Up pattern since the December 07 2023 Low. Currently on its 2nd Bullish Leg, the price has entered a Triangle consolidation, similar to the pattern of...
Overview: CAD/JPY has exhibited a significant pattern formation, indicating a potential shift in market sentiment. The XABCD Gartley harmonic pattern has materialized, with a notable rejection occurring at point D, coinciding with the critical level of 112.000. This rejection aligns harmoniously with the 4-hour Bearish Trendline, reinforcing the significance of...
Is this is the time for a big short??? CADJPY was building up for quite some time. The question is, shall we pull the trigger and short now???
Trade Setup: Pair: CADJPY Entry: Buy Limit at 111.16 Initial Stop-Loss: 110.84 Risk Exposure: 32 pips Analysis: Earlier, we discussed the potential buying opportunity on CADJPY, and now we have our candlestick confirmation. As a risk-conscious trader, I'm waiting for a retracement before entering the market. Trade Management: - Buy Limit: Set at...