Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about CADJPY. CADJPY is exactly Moving according our analysis. Now it has breaked the main channel Pattern. Here it has Maximum chances we can see a good drop in price. In this drop we can see price around 106 soon. Keep in touch we will update further soon.
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the CADJPY pair price action which suggests a high likelihood of a coming move up. ❤️ Please, support our work with like & comment! ❤️
CADJPY / 4H Hello traders, welcome back to another market breakdown. CADJPY has made a large leg down, which might result in a second leg down. The price is back to a Major key Level. I'm looking for a reversal pattern. Trade safely, Trader Leo.
*This post is slightly late as this move was so sudden, however this setup is still valid* Analysis: Bullish Confluences Strong upwards trend Massive wick rejection Retesting an area of significance In an ascending channel Upwards trendline touch The CAD is the 3rd weakest major currency whereas the JPY is the second weakest major currency 17K short...
Hello,Traders! CAD-JPY was making a Local correction but then The pair hit a horizontal Support of 109.235 And we are already seeing A bullish reaction so I think That we will see further growth Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
---------CADJPY SHORT--------- I detected a nice trade opportunity on CADJPY pair. It can be a longer correction or a reversal from here. JPY pairs are so oversold that anytime a pullback can happen. I see that this pair is the most vulnerable among yen pairs so I picked this one to go short. Shorting other yen pairs can be also profitable. Trade with care! This...
CADJPY breaks uptrend support and after another correction forms a signal that suggests that the market is preparing for further decline TA on the high timeframe: 1) After breaking the 109.268 support, a correction is formed. In the medium term, the price may test this line before further growth 2) The market is interested in the liquidity area below 109.336 and...
Long according to Trading veiw Eliot wave finder besides my own points are also given towards take profit level
The star trade of the week. I'm currently waiting for a shorting opportunity on the bearish shark pattern off the weekly chart. Trading off the weekly chart directly would send my initial risk through the roof. While we could always reduce our trading size when trading off the higher timeframe, it doesn't make sense to me. I'll be waiting for a bearish 5-0...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Hey Traders, in the coming week we are monitoring CADJPY for a buying opportunity around 109.800 zone, CADJPY is trading in an uptrend and currently is in a correction phase on which it is approaching the trend at 109.800 support and resistance area. Trade safe, Joe.
Hello traders! ‼️ This is my perspective on CADJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill that huge imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
CADJPY Channel: GREEN WK Pivot: GREN AOB: WR1 CON: IB BUY Stop: 110.905 Stop Loss: 110.425 TP01: 111.385 TP02: 112.345 DWR present as a buy setup on 29SEP, with Channel and Pivot are green bouncing off weekly resistance line However, trade is not taken/considered as analysis shows OIL is heading on the downside this week SPX500: BUY DXY: SELL OIL: SELL ...
Hello traders, This is our alternative scenario that might be activated in near future. There are 2 entries and 1 TP for this pair. Levels calculated order_block, regarding support and resistances, channel and pivot points.
Pair : CADJPY ( Canadian Dollar / Japanese Yen ) Description : Completed Corrective Waves " ABCDE " after Impulse. Rising Wedge as an Corrective Pattern in Short Time Frame and Long Time Frame , It is Rejecting from the UTL in Long Time and If it Breaks the Lower Trend Line in Short and Retrace then Sell
CADJPY is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 110.216 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 109.891 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement...
Here is my analysis for CADJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
CADJPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 110.177 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 109.700 which is a level that lies under a pullback support and the 61.8% Fibonacci retracement level. Take profit is between...