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 price to go a little bit lower to fill the imbalance and then to reject from bullish order block + institutional mid figure 101.500.
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Here is my view for CADJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hi fellow traders, CADJPY has completed an ABC correction after the last drop. Look for a sell opportunity from the blue box area. Target the support levels. Good luck and trade safe!
Here is my view for CADJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Ascending Triangle is forming on the CAD/JPY.
We have had a few fakeout breakouts above. Nothing too promising yet.
But we are seeing higher lows and that is comforting for the price to continue up.
7>21 - Bullish
Price<200 - Price reaching 200MA elastic area.
RSI>50
Target 106.00
Bullish by nature
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CADJPY is trading in the descending channel .
The market formed a bearish harmonic pattern .
Price action is printing lows and lower highs, an indication of bearish pressure.
Price is likely to reject the psychological level of 101.000 .
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Hello traders around the world!
My name is Alexandre Karim and today we will be talking about CADJPY.
CADJPY is forming an ascending channel on the higher timeframe and following multiple touches on the upper TL.
I will be focusing on the short on these 2 areas:
1) High of the middle section at (101.791)
2) Third touch on the upper TL at around (102.700 /...
Waiting for a retest of 98.729 to long CADJPY back to 4H swing highs at 101.606
If you agree drop a like and if you have nay questions leave a comment :)
Hello how are you all doing? I see CADJPY moving down. There was rejection at the top with wicks signifying rejection and also my fib projections see it moving downwards.
Use proper risk management and use proper confluences before entering
JESUS LOVES YOU
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello Guys,
Like I mentioned in my previous post , FX:CADJPY is also currently in a daily demand zone and is poised to make the move up.
To be frank, I have a long-term bullish bias on JPY, as my technical analysis on both the weekly & monthly timeframe of JPY index is bullish.
Do you think this bullish move will happen? I think so.
My next trade idea...
CADJPY has a similar pattern as USDJPY. Please see the attached USDJPY analysis:
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Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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