CADJPY chart is in bullish trend with a clear divergence which indicates toward trend reversal. Further double chart is also confirming trend reversal. So we can take entry at break of neckline .
Pair Name : CAD/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 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 ( Short ) Type : Mid Term Swing ——————————— Bearish Reversal...
We have these indicators for SELL opportunity: - Low volume to continue the current direction - Reflection from the Inner trend line - Return/re-test to Year + 6M + 3M area (min. for TP1) - Stong support line – zone with ATH We define 3 goals: TP 1 = 80 pips TP 2 = 200 pips TP 3 = 400 pips * * * There could be one more opportunity for scalping in a top of...
This is a quick update on the CAD/JPY. I mentioned this in the Weekly analysis I did yesterday. Apologies for the sound.
OANDA:CADJPY on the background of global weakening of the yen forms a pre-breakdown setup against 112.26. The currency pair is preparing to strengthen. On D1 the general trend is obvious. Buyers are not going to give up and continue to press the strong limit resistance at 112.26, formed by sellers. The trend is bullish and it may continue. Fundamentally, the...
I've been patiently waiting for the price to break out of this highest resistance zone. Now, the structure is much clearer than before with just sideways movement. My plan is to go long when the price retraces or pulls back into the resistance zone that has been broken out. Yes, it's an RBS Zone. Breakout, Pullback, and Entry? Are you on board with this...
😇 7 Dimension Analysis Time Frame: H1 1️⃣ Swing Structure: Bullish with Breakout of Structure (BoS) and impulsive move strengthening, lacking inducement 🟢 POI OB: Unmitigated 🟢 Traps: False Breakout observed at the start of the move 2️⃣ Pattern 🟢 CHART PATTERNS: Continuation pattern with a completed flag targeting a possible retracement 🟢 CANDLE PATTERNS: Record...
As we enter the last 2 trading days of the trading week, I am looking at the GBP/USD pair which we have been trading for the past 3 days, we also have a very nice setup on the USD/CAD, EUR/USD and lastly the CAD/JPY.
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the CADJPY pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . CADJPY long ! 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 comments. I...
Trader Tom, an investing.com analyst explains his CADJPY BUY trade in detail using a top down approach, check it out
Based on the current H4 charts for CAD/JPY, here is a bullish technical analysis: *Trend Analysis:* - The pair shows a tendency to move upward, indicated by the formation of higher lows and higher highs⁴. *Moving Averages:* - The price trending above the Ichimoku Cloud suggests a bullish sentiment⁴. *Bollinger Bands:* - The proximity to the upper Bollinger Band...
CADJPY has broken through and closed above a resistance line in a falling wedge pattern, following a test of an important horizontal range. A pullback is likely to occur next, with targets set at 113.36 and 114.02.
OVERALL GAME PLAN I am going to buy CAD/JPY - BUY 0.10 ANALYSIS IN MY FAVOR * The pair is at support level on the 4hr * Overall Trend is an up trend
Hello,Friends! Bullish trend on CAD/JPY, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 113.303. ✅LIKE AND COMMENT MY IDEAS✅
CADJPY has form a double bottom, opportunity to enter Long, wait for a breakout
Looking at a yellow folder on forex factory. Jpy is closed with a bank holiday. Cad posed to smash and take control. Jpy going to get bullied with her eyes closed?
CADJPY has formed a descending parallel channel in the absence of divergence which indicates a continuation in the current trend.