Going to be selling and sticking to that TP. I'll continue to update
Hello,Traders! CAD-JPY was trading in a range But now we are seeing a bearish Breakout which combines with the Fact that the pair is in the downtrend Reinforces our bearish bias So I think that the pair Will keep falling Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Trying CADJPY lower here. We have a resistance level above which should hold. We also have US CPI today which i think may be lower than expectations - this should see CADJPY lower if correct as it is a proxy to USDJPY and USDJPY should move lower with yields if US CPI is lower than expected. Seeing a lot of people concerned about canada for next year as...
#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. And as expected, JPY WEAKNESS came after the BOJ INTERVENTION. This was because the Bank of Japan did not intervene in the long run to strengthen the JPY. Meanwhile, CAD has become very STRONG in the last...
Cadjpy news chi yesterday showed a nice bear sign my idea , I love using risk management for my ideas I usually use my calculator.
✅CAD_JPY is trading in a downtrend And after the pair broke the key level It has formed a bearish flag pattern So as we are bearish biased We will be expecting a breakout And bearish continuation at some point SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
PIVOT: 99.00 OUR PREFERENCE Long Position above 99.00 with targets at 101.20 , 102.20 & 103.20 in extension Alternate Scenario Below 99.00 look for further downward trend with 97.00 & 96.30 as targets. Comment: the immediate trend is down but the momentum is weak
Hello, Friends! CAD/JPY is trading In way That I predicted previously And now the pair is retesting A hidden bank’s level So I think a bullish move will follow! BUY! ✅LIKE AND COMMENT MY IDEAS✅
W1 - Price respected the psychological level 110 and bounced lower. Bearish convergence. D1 - Currently it looks like a pullback is happening. No opposite signs. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
WAVE 4 to wave 5 is still good :) and interesting to trade , let's see how it plays out :)
With Canada beginning to ease off on interest rate hikes, we may start to see the Canadian dollar begin to add strength, with us approaching the 5-month lows for the CAD/JPY at 99.49 this may be the last chance to jump on the bearish bandwagon before we see a potential rebound. We do however still have a way to go if we were to possibly re-test the 98.00 level...
On CAD/JPY is nice to see strong sell-off from the price 100.460 , there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Downtrend + Strong volume area is my...
Hello, Friends! CAD/JPY is trading In way That I predicted previously And now the pair is retesting A hidden bank’s level So I think a bearish move will follow! SELL! ✅LIKE AND COMMENT MY IDEAS✅
Please give me some feedback and let me know what you think. Multi time frame Analysis 1D time frame price is in a strong Downtrend giving a Short Bias 1H time frame price have retraced back to Fib Zone and bouncing off 50EMA and RSI is less than 50% signaling weakness
Simple wave theory here, CADJPY has broken its structure and has begun a new trend down. WAVE 1,2 & 3 have been complete look for a correction wave 4 here which will allow a re-test of previous support to become resistance
Hello traders! ‼️ This is my analysis on CADJPY . Here we are bearish from daily perspective, so I am looking for shorts. Now I expect price to reject from bullish orderblock and to make a retracement and to open a short position if price rejects from bearish orderblock. Like, comment and subscribe to be in touch with my content!
Hey traders, Here is our technical analysis on CADJPY. The level where the price is trading right now is decent and the price will most likely retrace from that. ❤️ Please, support our work with like & comment! ❤️
- Descending triangle pattern - Bearish continuation of the current down trend - Bearish confluence among indicators and moving averages - Waiting until support at 99.70 breaks before entry