The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the CADJPY pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️
CADJPY is displaying a confluence of bearish patterns: 1. Weekly Bearish Shark Pattern: - Retest in progress. 2. Daily Type2 Bearish Gartley Pattern: - Completion aligns with the Bearish Shark on the weekly. The trader plans to wait for a confirming candle on the daily chart near the level of 110.37. Share your insights and trade plans for CADJPY!
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to make a retracement and there is a confluence for a potential long if price rejects from support zone + trendline + FIBO 0.5 level. Fundamental news: Next week on Tuesday will...
Hello,Friends! CAD/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
As per the video idea price action is at a perfect place to sell, great risk reward. we've seen some lower highs and we are at a place now where it could sell off again.
Educational Analysis says CADJPY may move in this range for some time according to my technical. Broker - FOREX.com This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because CADJPY is start to go down after respecting supply trendline, If not then it will break resistance level to make new higher...
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect bullish price action from here after price filled the imbalance and rejected from institutional big figure 108.000. Like, comment and subscribe to be in touch with my content!
The CADJPY has exhibited sustained bullish momentum in recent times. However, price appears overextended currently, suggesting a potential retracement could be on the horizon. Should price dip back into the 61.8% Fibonacci retracement zone, a buy opportunity may emerge. Prior daily swing highs could act as potential target areas (as depicted on the...
Hello,Friends! We are now examining the CAD/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 108.482 level. ✅LIKE AND COMMENT MY IDEAS✅
CADJPY is one of three Japanese yen pairs that I held through the weekend. the other two pairs are EURJPY and SGDJPY as they share very similar price action patterns. The selloff in December 2023 seemed short-lived to me so I found an opportunity to enter long earlier this month. My best guess for the selloff is the collective premature anticipation of interest...
🕛 TOPDOWN Overview A robust rejection at the daily timeframe, coupled with an H1 Change of Structure (COS), suggests the end of the short-term bullish move. 😇 7 Dimension Analysis Time Frame: H4 1️⃣ Swing Structure: Initially bullish but rejected at a potent daily Point of Interest (POI) 🟢 Structure Behavior: Change of Structure (Choch) 🟢 Swing Move: Impulsive 🟢...
In this recap I cover a short position I took on EURNZD with key details regarding the lower timeframes, followed by two missed positions. CADJPY has given me some direction on potentially a new entry I can include in my trading plan, whilst USDJPY I chose to stay out of due to high impact news. Double digit returns again in just one week, stay switched on guys!!
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . 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...
CAD/JPY is trading close to a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 109.025 which is a pullback resistance that aligns with the 61.8% Fibonacci projection level. Stop loss is at 109.800 which is a level that sits above the 78.6% Fibonacci projection level and a pullback resistance. Take profit is at...
Price just got breakout from multiple bottom. Super nice pattern. Let’s monitor price action look for buy pattern from M5 time frame FX:CADJPY OANDA:CADJPY FOREXCOM:CADJPY
CAD/JPY is rising towards a pullback resistance and could potentially break off this level to climb higher. Buy entry is at 108.052 which is a potential breakout level. Stop loss is at 107.150 which is a level that sits under a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 109.025 which is a swing-high resistance that aligns with...
My dear followers, This is my opinion on the CADJPY next move: The asset is approaching an important pivot point 108.12 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 108.47 About Used Indicators: For more efficient signals,...
CADJPY is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is very 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?