Hi CADJPY(Canadian Dollar Vs Japanese Yen) is in Good Demand Zone and We hope a good Position Entry:98.347 SL:97.525 TP:104.212 RR= 1:7
CADJPY potential breakout trade, place your's buy and sell stop orders and place TP and SL. Manage your risk accordingly.
CADJPY dropped and fell below the support level that became resistance. Price broke and closed below the level of 100.500. The market shows massive divergence at the resistance level on the daily timeframe, which indicates that prices may explode downward. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
we can on weekly and daily chart w pattern chreated so maybe a good move we can see in future
Hello traders, trust y’all are having a great week, let’s talk about CJ we are Currently having A Head and Shoulder Chart Pattern And we all knows what it means and what prices is actually saying so not much to say let’s wait for price to retest zone 98.754 for a Shoulder to be formed then we can start seeing a bullish continuation pips target for this trade is...
👑 #CADJPY BUY 👑 ENTRY: 98.501✅ TARGETS: 1️⃣98.676🎯 2️⃣98.975🎯 3️⃣99.202🎯 4️⃣99.354🎯 5️⃣99.524🎯 Stoploss: 97.999🛑
Hey Guys! I just aborted the entire cad/jpy short position due to possible current long strength kicking back in. That's it! Have a great day! Ken
On 4h timeframe it got rejected on resistance level, it looks sideways though, for 2hr timeframe it looks bearish for me, and might go back to the 2hr supply area and sweep the internal liquidity. However on 30m timeframe there is a supply area, if ever it price gets rejected on that supply area, I guess it can be considered as the new Lower high and may not...
Depending on how price reacts at this daily support zone I will be looking to buy Look for rejection wicks, engulfing candles or SMC bullish Change of characters.
Hey Guys! The Weekly bias on the cad/jpy is short. Or in other words, price is likely to reach 94.06 before reaching 100.87. Moreover, I just took an aggressive short entry. In this post I explain the reasoning for the short bias, how I entered the short entry, as well as how I plan to manage this short trade. That's it! I'll keep you guys updated! Ken
Here we can see that CADJPY is reaching its supply zone from the major uptrend. with the major news coming for cad this week. i expect CADJPY to get short and reach the downside highlighted zones. best of luck . target remains to be 97.55
Consider a SELL position on this pair. Monitor for updates...
The strength of the yen continues against the Canadian dollar, sentiment indicates that the price will continue falling against the CAD.
#CADJPY - CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG. - The reason for that is because the Central Bank of Japan did not intervene in the long term to strengthen the JPY, they are...
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 traders around the world! I want to talk about CADJPY and what I'm planning on this pair for this week. First of all, If you go back to the weekly chart, you can clearly see that the price reached a mass psychological level since Dec 2014 (106.501). On Monday 18 Apr 2022 the price started to create an ascending channel till Monday 07 Nov 2022 reaching...
CADJPY is decelerating while approaching a major resistance level on the 4H. Price has reached the resistance level of 100.500. The market shows massive divergence at the resistance level , which indicates that prices may explode downward. Kill zone: resistance and an equal-measured move. ------------------- Share your opinion in the comments and support the...
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price could reject from bearish order block + institutional big figure 100.000. My target for long term is sell stop liquidity. Like, comment and...