how did you do the analysis CADJPY 1- general trenline - up trend 2- zone support 3- technical indicator
Hey Traders, Getting the best and optimal price for entry is always important to those making money. That is because when you enter a position, you want to get the best price. Just the same as buying or selling anything, like a car or house. Watch for a runover and my Short bias.
My dear subscribers, My technical analysis for CADJPY is below: The price is coiling around a solid key level - 111.37 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 111.92 About Used Indicators: By the very nature of the supertrend...
Hello,Friends! CAD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 6H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 111.053 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
📈 CAD/JPY Review 📉 CAD/JPY saw a notable rise last week, reaching the previous week's high before encountering resistance, forming a compelling setup in lower time frames. 🚀📉 Target levels are clearly outlined on the chart, with focus shifting towards last week's low. 🎯 Overall, a promising opportunity seems to be brewing in the CAD/JPY pair. Keep a close eye for...
On an hourly timeframe, CADJPY printed a series of Higher Highs and Higher Lows. Using Fib Retracement tool, an Entry Price along with Stop Loss and Take Profit levels are suggested
ID has printed a 1h sell signal. Price just rejected off 4h supply zone. Should be a solid short from this price.
in my analysis it is clear that there is a fake out in the resistance area and has the potential to drop to take liquidity below, buyers will be caught in a trap in this trade
The CAD/JPY pair is exhibiting strong bullish signals within a defined range from 109.8 to 112.26, indicating potential for profitable trading opportunities. With a careful analysis of the market dynamics, a strategic trade plan has been formulated to capitalize on this upward momentum. Entry Point: Identified at 110.27, this entry point aligns with the bullish...
Looking at the chart of CADJPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
CADJPY idea long position analysis 1hr Pair : CADJPY Position : LONG ( BUY ) Entry : 111.850 STOP LOSS @ 111.650 TP 1 @ 112.050 TP 2 @ 112.250 TP 3 @ open ( Trailing SL )
According To Uptrend / Reversal Pattern / Divergence ON CCI / Reversal Price Action On Daily /Fibo Retracement to 50 and 61% .
The CADJPY pair delivered us a very strong buy opportunity last time we made a buy call on it (December 22 2023, see chart below) : Moving back to the 1D time-frame, the pair has been trading within a Channel Up pattern since the December 07 2023 Low. Currently on its 2nd Bullish Leg, the price has entered a Triangle consolidation, similar to the pattern of...
Expecting a completion of the rising wedge pattern and reversal in the trend. This could be possible because it would be a retest of the recent higher high on the daily timeframe.
Took a short on this pair as the market structureshows me bearish moves to the downside to fetch some liquidity and then to eventually rise back up past the current high. This is my new strategy and so far, I am seeing great results :).
CADJPY is currently bullish following uptrend, making higher highs and higher lows
I believe my new strategy to be around 70% accurate, waiting for a reaction from the area of where my short is placed, I will also make sure that when a rejection occurs, I enter when I see a BOS on a lower time frame, such as 5 minute or 1 minute, just for double confluence :). The trend is bearish and I believe the support zone I have marked out, is unmitigated :)
Overview: CAD/JPY has exhibited a significant pattern formation, indicating a potential shift in market sentiment. The XABCD Gartley harmonic pattern has materialized, with a notable rejection occurring at point D, coinciding with the critical level of 112.000. This rejection aligns harmoniously with the 4-hour Bearish Trendline, reinforcing the significance of...