In the realm of currency trading, the CAD/JPY pair currently presents an opportune moment for selling, with the sell zone identified at 111.694. This strategic move aligns with the anticipation of potential market shifts and allows traders to capitalize on potential downward movements. By setting specific take-profit points at 111.562, 111.053, and 110.500,...
Hello Guys i am going for a sell on CAD/JPY, because price has taken out the BUY STOPS and to my observation price will be dropping soon.
30m link:https://www.tradingview.com/x/pWs9Aow2/ 👁 OUTLOOK FOREX: CADJPY 30m: CADJPY as well as other JPY pairs are currently in re-accumulation and have liquidated lows. I would like to see price start breaking bullish and get above the 10ema and 50ema to then start looking for longs on CADJPY. Bias: Bullish on CADJPY but needs to start breaking bullish on...
When we look at the chart we can see that the price is moving upwards and that we have a wedge forming. What I want to do now is trade here and see when we have another touch of the wedge that we than go long with a small trade with 2 take profit levels. I would advice to only risk 0.5% for this trade. Entry level could change because we don't know when the...
BUY CADJPY for uptrend continuation STOP LOSS : 113.23 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward...
OANDA:CADJPY on the background of global weakening of the yen forms a pre-breakdown setup against 112.26. The currency pair is preparing to strengthen. On D1 the general trend is obvious. Buyers are not going to give up and continue to press the strong limit resistance at 112.26, formed by sellers. The trend is bullish and it may continue. Fundamentally, the...
Hello,Traders! CAD-JPY is trading in An uptrend and will soon Retest a rising support From where we will be Expecting a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Pair Name : CAD/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Reversal...
Pair : CADJPY Position : LONG ( BUY ) Entry 1 : 114.175 STOP LOSS @ 113.765 TP 1 @ 114.575 TP 2 @ 114.975 TP 3 @ open ( Trailing SL )
😇 7 Dimension Analysis Time Frame: H1 1️⃣ Swing Structure: Bullish with Breakout of Structure (BoS) and impulsive move strengthening, lacking inducement 🟢 POI OB: Unmitigated 🟢 Traps: False Breakout observed at the start of the move 2️⃣ Pattern 🟢 CHART PATTERNS: Continuation pattern with a completed flag targeting a possible retracement 🟢 CANDLE PATTERNS: Record...
We have these indicators for SELL opportunity: - Low volume to continue the current direction - Reflection from the Inner trend line - Return/re-test to Year + 6M + 3M area (min. for TP1) - Stong support line – zone with ATH We define 3 goals: TP 1 = 80 pips TP 2 = 200 pips TP 3 = 400 pips * * * There could be one more opportunity for scalping in a top of...
This chart shows a bearish trend .There is no Divergence but its making Head and Shoulder pattern so it eill be bearish trend
Hey Traders, This is my take on the CADJPY Looking at the 1HR and the 15 Mins timeframes. Momentum precedes prices! When there's an ongoing primary trend and a completed wave structure, wait for the price to be discounted/pullback. This discounting in price gives us a piece of important information, we can deduce whether the price will continue the primary trend...
This is a quick update on the CAD/JPY. I mentioned this in the Weekly analysis I did yesterday. Apologies for the sound.
OANDA:CADJPY The pair is immensely overbought, and amidst significant divergence, a new HIGH is being formed and the support is about to give way. This is the point from which the pair will begin its demise (in my opinion, of course), which will be largely fueled by the Yen. The trade is moderately risky as we have no means of knowing when and how the BoJ will...
After a nice bearish candle we should see price come down from the level
As we enter the last 2 trading days of the trading week, I am looking at the GBP/USD pair which we have been trading for the past 3 days, we also have a very nice setup on the USD/CAD, EUR/USD and lastly the CAD/JPY.
CADJPY chart is in bullish trend with a clear divergence which indicates toward trend reversal. Further double chart is also confirming trend reversal. So we can take entry at break of neckline .