CADJPY- BULLISH TREND.CADJPY Bullish Trend printing HH . Caught the Trend at bottom. TP'S are marked as well as Buy Limit.Longby ahmadkhandawar7863
CADJPY: A Potential Reversal and Uptrend on the Horizon?In this blog post, we'll be analyzing the currency pair CADJPY on the TradingView social trading platform, focusing on a potential reversal and uptrend. We'll be using Fibonacci retracement, support and resistance levels, and moving averages to determine the likelihood of a trend reversal. Fibonacci Retracement: The Fibonacci retracement tool is used to identify levels of support and resistance. By drawing a Fibonacci retracement line on a 1-day timeframe, considering 40 bars from September 29th, 2023, to November 21st, 2023, we can identify the levels of support and resistance that the price has been oscillating between. In this case, the price has been oscillating between 23.60% and 61.80%. The 23.60% level has been a strong support zone for the last 40 days, and the price is currently testing this support level. This is a significant indication of a potential trend reversal. Support Cluster: In addition to the Fibonacci retracement level, we also have a cluster of support near the 23.60% level. The 90-day EMA is also near this level, which adds to the significance of this support zone. The trend line drawn on the weekly timeframe from May 22nd, 2023, also converges with the support line, forming a strong support cluster. Potential Uptrend: Considering the confluence of these support levels, it's likely that the price will bounce off the 23.60% level and potentially start an uptrend. The 61.80% level, which has been acting as resistance, could potentially be broken, leading to a further increase in price. Moving Averages: The 90-day EMA, as mentioned earlier, is near the support line of 23.60%. This indicates that the price has been trading in a downtrend for the past 90 days. The 200-day EMA is still above uptrend, which suggests that the long-term trend is still up. Conclusion: Based on the analysis, there is a strong possibility of a trend reversal in the CADJPY currency pair. The confluence of support levels, including the Fibonacci retracement level, the 90-day EMA, and the trend line, suggests that the price is likely to bounce off the 23.60% level and potentially start an uptrend. Traders may consider entering long positions at this level, with a stop-loss order below the support line and a take-profit order at the 61.80% level. Risk Warning: Trading carries risks, and it's essential to remember that past performance is not a guarantee of future results. Before making any trading decisions, it's important to conduct thorough research and consider your risk tolerance. Follow for more analysis.Longby stocktechbot111
CADJPYWell this pair is making us a little dizzy, but the truth is that we are going to put this order 1:2, risk benefit and see what happens. It seems that it wants to return to its upward trend of more than a week ago but it will surely not happen before a retest of low areas.Shortby SGsauragestionUpdated 228
CADJPY #Riskreturn 1:2 bearish Wolfe WaveHi big players, CADJPY creates a bearish Wolfe Wave on 1 hour chart. I recommend to look deeper in lower timeframe. It's possible to get a riskreturn ratio about 1:2. Best regards NXT2017Shortby NXT20172
Waao,CADJPY is going to follow Anna's instruction...TARGETS ARE HITTING NOW.... Here we are sharing our previous idea We want to show that our trade analysis accuracy is more then 80%, which is a considered as a good percentage. Support us on different social media platforms...by annatradecharts8816
CADJPY R:R 1:4This is for short term Marked Possible Sell zone Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter And this is risky too. Please DYOR before entering the trade. Shortby SMC_WYCKOFF_TRADER2
CADJPY long movePrice fall to our buy zone level at 108.581 which serves as a pullback support. A reversal from this point could lead the price to rise towards the1st resistance level 109.732. Longby OCBE-FX114
cadjpy short setupshort setup in cadjpy to target 107.5m i think this is go entry right nowShortby GrandeMaster2
CADJPY LONG IDEARecent shift in intraday structure suggests that CADJPY could continue to range highs.Longby priceactionkidUpdated 115
Cadjpy sellLooks price making hns.after breakout neckline.can execute for sell position.Shortby ghosthitrun5
CADJPYCADJPY is showing divergence plus at horizontal SUPPORT BUY on break of last LH TP , SL mentioned in chart how was my plan , comment your suggestion ThanksLongby Trade_WithOsamaUpdated 1
reactive channel...Hello friends. It was a beautiful channel, I thought I would share it with you. Up and down and midline gave beautiful reactions. Good luck. # Let's look simplyby HippoTrading4410
CADJPY PROJECTIONw1 and D1 closed bullish so I am expecting price to continue rallying upwards from the current support. Longby vickypalmzUpdated 2
CadJpy long position analysisAs we're in a bullish trend so I'm waiting for price to come to this level and then go long. Here is two setup, one with wider SL and another with smaller SL. For a better trade I'll wait for more confirmation with a CHoCH in lower TF like 5min. Lets see what will happen... Good luck.Longby NavidNazarianUpdated 2
CADJPY: Harmonic PatternCADJPY: Harmonic Pattern The price is still showing for a bearish move We can see that it is testing the top and moving down all the time it is there. however it is also difficult because BOj is not intervening in the market and it is making all more complex. however we are close to the end of the year and BOJ can take any small decision. let's see. Thank you and Good LuckShortby KlejdiCuniUpdated 2224
CAD/JPY: High Time Frame Signal for Intraday OpportunitiesGreetings fellow traders! 🌐 CAD/JPY has recently triggered a high time frame (HTF) signal, earning its well-deserved spot on the watchlist. The emergence of this HTF signal signals a potential shift in the overall market sentiment, capturing my attention for the upcoming week. As we move forward, the focus will be on seeking low time frame (LTF) confirmations to validate and refine potential entry points. Stay tuned for the evolving dynamics of CAD/JPY, and let's collectively navigate the intricacies of this market together. Remember, trading involves risks, and this idea is shared for educational purposes. What are your thoughts on this CAD/JPY trade setup?Shortby trader9224Updated 6
Cadjpy...BullishCadjpy is clearly in an uptrend... And price is in a channel... Looking for price to make an impulsive move to the upside.Longby KrysshondaWilliams2
CADJPY LONG THIS EXOTHIC THING!This time we have a reversal zone with an OB and an FVG in 4H. I think this is one of the cleanest moves I will see this week. Longby BEFBUNNY2
CADJPY LongLimit Order set for this mean reversion/trend play. We are in uptrend and we are very over bought on the 1 hour time frame. Looking for a pull back entry with the a template 15TP 20SL. Longby jeffjtraversUpdated 113
Cadjpy.... BullishI Love the yin pairs because they trend so well... Cadjpy.. previous resistane is now support... Looking for price to continue its move to the upside.Longby KrysshondaWilliams2
CAD/JPY Trade IdeaHello traders, I would like to see CAD come up and retest this area. The JPY's have been weak even though I anticipate some strength in early December. Let me know your thoughts and ideas. See more information below👇 Shortby TheMotivationalProfessor4
#LQR #TOBTC #CADJPYin these time Frame PRZ Zone are about 108.922 - 109.312 Best Entry Price should be around 109.198 you mad add this chart to you'r watchlist Always DYOR!Longby tobtctrading1