With the CAD showing strength and the yen weakening, there's a high likelihood of a continued upward trend, potentially reaching a target of 112.199, only if the price retest the previous high.
Please, check our technical outlook for CADJPY. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 111.143. Taking into consideration the structure & trend analysis, I believe that the market will reach 110.599 level soon. P.S Please, note that an...
Sell CADJPY when it breaks 110.782. It will most likely go bearish if it reaches that level. I'll take two trades of 1% of equity each setting TP as 1:1 for one trade and 1:2 for the other trade. When I hit TP1, I'll set the Stop loss of other trades as the Sell Stop level to make the other trade risk-free.
CADJPY is printing bearish divergence on 1H time frame my trade plane is very simple when it break previous higher low i will take entry with stop loss of previous higher high
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #CADJPY. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hello Traders, here is the full analysis. Price reversal going up levels for BUY . CADJPY long from Support ! Great BUY 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 rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 110.313 which is a pullback resistance that aligns close to the 61.8% Fibonacci projection level. Stop loss is at 111.150 which is a level that sits above the 100.0% Fibonacci projection level and the swing-high resistance. Take profit is...
This is a very strong swing from 2023 and in this area due to my personal strategy that includes volume and control points.please mange your risk and watch after CAD news
Hello,Traders! CAD-JPY was going up But has hit a horizontal Resistance of 111.111 From where I believe We will see a local Bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
On the 30 min time frame we have a potential cup and handle pattern shaping up. Currently the majority of traders have been short on this market for the past days and currently 72% of traders are selling. In combination with the price moving upwards, this creates a bullish indicator.
💵Pair Name CAD/JPY Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish...
Greetings, fellow traders, and welcome to our analysis! I trust your trading week is off to a splendid start. Today, our focus turns to CADJPY, where an intriguing Cup and Handle Pattern is forming on the daily chart. If you're eager to delve deeper into the world of Cup and Handle patterns, feel free to enhance your knowledge by clicking here: (). But be sure...
After the dip and the double tap in 104 support back in December, CadJpy started to rise again and resumed its long-term bull trend. Now the pair is trading back to important 110 zone resistance and a break up seems imminent. The recent dive under 109 was quickly reversed, which also adds to my bullish perspective. In conclusion, as long as the recent low is not...
SELL without stop loss SELL without stop loss SELL without stop loss SELL without stop loss SELL without stop loss
I spotted a nice trade according to my usual rules. Here are some confluences that influenced the trade: 1. A recent close of a market maker model may indicate that large players might want to start taking profits from their positions, therefore this is a good confluence for a reversal. 2. I really like the fact that the target liquidity is a good distance away,...
sell limit cadjpy, levels on teh chart.imbalance, FVG, Discount zones and order blocks
-Previous Day candle closed Bearish. If we are looking for buys we will take on until resistance formed on 14th nov 23 and TP 2 until 13 Nov 23. - If we are looking for sells we take on 01 feb 24 and TP 2 until 03 Nov 23 support. - Wait for 1 hour candle to close above or below zone. -We risk 3% of our capital. Close trades once price reverses to opposite...