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...
I analysed it, There is sell opportunity for CADJPY at market price and Price should go down to 110 Enter Price 111.400 - 111.500 Target - 110.500 - 110.200 SL 111.900 This is my analysis for CADJPY
Balance of buyers and sellers on the CADJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair. ❤️ Please, support our work with like & comment! ❤️
HELLO TRADERS !! As I can see this pair is now tested a strong support zone which is a very low risk entry for longs. CADJPY is still going to move more higher than predicted level on weekly based timeframe friends it's just a trade idea share Ur thoughts with us it helps many other traders. Stay Tuned for more updates!
Hello,Friends! Bearish trend on CAD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 110.959. ✅LIKE AND COMMENT MY IDEAS✅
Dear Traders, There is a good possibility that we can expect short term selling opportunity on CADJPY; saw some bullish exhaustion and price dropped created change of character. Though the price has risen up sharply to previous high, we still expect price to reject from the area around previous high. With 60 pips stop loss the setup idea look reasonable to take...
CADJPY / 1D Hello traders, welcome back to another market breakdown. CADJPY has made a large leg down, which might result in a second leg down. The price is back to a Major key Level. I'm looking for a reversal pattern here. Trade safely, Trader Leo.
Hi Traders! Important Tops were reached in the short term and we cannot exclude the completion of the bullish cycle, having said this, it could be interesting to continue following the pair on the intraday chart, because something like a corrective structure seems to appear. As we showed on the 1H chart, if there is a deep pullback or if the bearish corrective...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity CADJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hello traders, we want to check the CADJPY chart. After moving in an ascending channel, the price has reached the specified resistance level. If the price cannot break this level, we expect it to fall around 110,300. Good luck.
CADJPY trade I took is different from the NZDUSD LONG I took earlier on. CADJPY is a continuation of a "proven" product over "years" as marked in the chart. Whereas NZDUSD is trying to "revolutionise" the "industry" by reversing the trend from short to long. CADJPY to me is a quickie as marked, I will take two orders both for 1R TP. The first order is strictly...
OANDA:CADJPY My analysis shows that the Canadian Dollar/Japanese Yen (CADJPY) pair is on the verge of an attractive pullback after its recent rally to the 111.490 range. My prediction: * The CADJPY currency pair is expected to fall below the 110,000 level in the short term. * If this level is broken, we can see a further decline to the level of...