CAD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 110.747 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 110.15 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at...
this is an update from yesterday CADJPY analysis, as yall can see price went in the predicted direction. I'm honestly expecting more sells but anything can happen. I'll keep yall updated. Please keep in mind these are not signals and I don't provide financial advice or sell anything, I just enjoy analysing my charts and being active in the market. Yall can use my...
My dear subscribers, This is my opinion on the CADJPY next move: The instrument tests an important psychological level 111.01 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 111.44 My Stop Loss - 110.73 About Used Indicators: On...
The CAD/JPY pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Sell Entry: Consider entering a short position around the current price of 111.46, positioned close...
In this chart, we draw support & resistance lines and it clearly shows us it will bounce back from S1 and go upwards so we trigger buy limit at the entry price of S1 and SL is S3 and take profit is R1
In CADJPY chart we have several items that show us price can goes up and this is a good position for Long . all of things are clear on the chart . I will open a position at this area and will take a good profit in upper band of channel .
Pair : CADJPY ( Canadian Dollar / Japanese Yen ) Description : Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame Completed " 12345 " Impulsive Waves RSI - Divergence
Please, check our technical outlook for CADJPY. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 111.409. Taking into consideration the structure & trend analysis, I believe that the market will reach 110.837 level soon. P.S We determine...
Hey traders, Let's talk about CAD/JPY and the lucrative selling opportunities it presents amidst changing external liquidity conditions. With two significant liquidity takeouts, the market is signaling potential turbulence. It's a critical time to adapt your strategy and capitalize on selling opportunities. Utilizing the SIBI analysis: Strength: Evaluate the...
As of now, it may touch back the upper level a bit. then It will come back after touching a resistance which you can see on this 4 hour chart. If we talk about the weekly trend, then the weekly trend will also go down with strong formations and it includes strong candle formations. you Can sell it from 111.75-111.85 Area and you can use Stop loss 112.55 First...
Hello,Traders! CAD-JPY keeps going up So we are bullish biased And after the pair retests A rising support we will Be expecting a further Move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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 a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 111.000. Like, comment and subscribe to be in touch...
✅CAD_JPY is trading in an uptrend Along the rising support line Which makes me bullish biased And the pair is about to retest the rising support Thus, a rebound and a move up is expected With the target of retesting the level above at 111.862 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL 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...
My dear friends, CADJPY looks like it will make a good move, and here are the details: The market is trading on 111.54 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 110.93 About Used Indicators: Pivot points are a...
According To Uptrend / Reversal Pattern / Divergence ON CCI / Reversal Price Action On Daily /Fibo Retracement to 50 and 61% .
CADJPY is trading in a long term bullish trend. After an extended correction, the market resumed growth and set a new higher high higher close on a daily, violating a key horizontal resistance. We can expect a bullish trend continuation. Next resistance - 112.5 ❤️Please, support my work with like, thank you!❤️
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 110.87, which is a breakout support level Our take profit will be at 110.38, a pullback support. The stop loss will be placed at 111.44, above a swing-high resistance High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...