Dear Traders, Likewise our GBPJPY idea we also expect the similar movement on CADJPY, due to JPY recent bullish price correction, price of JPY pairs dropped heavily, however, the good thing is price rebounding from a vital key level which may be a turning point that buyers were looking for. Please note, today there is bank holidays in the uk and japan.
😇 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...
Hello Traders! CADJPY - At the moment I see a bullish structure on the h1 and h4 timeframe, favoring short positions. I'm looking for a potential short opportunity if the price will retrace from the FVG. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to...
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
CAD-JPY retested the Broken rising support line And is now making a pullback So I think that it will go Even further down !
Market Observations: CAD/JPY has demonstrated a sustained bullish trend. However, the monthly timeframe indicates the pair is overextended. Furthermore, a double top pattern on the 1D chart suggests a potential retracement to the 50-61.8% Fibonacci levels. This zone could provide the necessary liquidity for major market players to accumulate long positions. Trade...
Canadian Dollar Japanese Yen traded at 110.6680 this Monday February 12th, decreasing 0.2697 or 0.24 percent since the previous trading session. Looking back, over the last four weeks, CADJPY lost 1.94 percent. Over the last 12 months, its price rose by 11.42 percent. Looking ahead, we forecast Canadian Dollar Japanese Yen to be priced at 111.2592 by the end of...
CAD-JPY retested the Broken rising support line And is now making a pullback So I think that it will go Even further down !
Pair : CADJPY ( Canadian Dollar / Japanese Yen ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Daily Resistance Level. Double Top Pattern as Correction in Short Time Frame and Long Time Frame and Rejection from its Second Top. Strong Divergence in RSI
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.
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...
🕛 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 🟢...
Hello Traders! This is my perspective for CADJPY on 45M. I see a good opportunity to enter long for a short term. In the long term, I see a retracement from the OB at the price of 107.200. Keep in touch for more updates. Follow me for more trade ideas and perspectives! www.tradingview.com
Welcome back! Let me know your thoughts in the comments! ** CADJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
short setup in cadjpy to target 107.5m i think this is go entry right now
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
We are taking trades based on the daily chart using the SAR. As shown, the entry for this trade will happen once price action breaks that level, thus creating the SAR. I kept the TAKE PROFIT very conservative, especially for a DAILY chart, but I want you to learn patience with trading the DAILY chart. Let me know your thoughts, and if you find VALUE in this...
H4 - Price bounced higher from a key support zone. Most recent downtrend line breakout. H1 - Bullish convergence. Currently it looks like a pullback is happening. Until the key support zone holds I expect the price to move higher further after pullbacks.