Hello traders! Let's revisit the CADJPY chart and provide an update since I shared the idea on August 17. It's time to clarify things. Our focus is on CADJPY, where an interesting Cup and Handle Pattern is taking shape on the daily chart. For a more in-depth understanding of Cup and Handle patterns, you can check out additional resources here:...
✅CAD_JPY is retesting A rising support line And we are bullish biased On the pair so we will Be expecting a local Growth from the support LONG🚀 ✅Like and subscribe to never miss a new idea!✅
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Hello,Traders! CAD-JPY is trading in An uptrend and will soon Retest a rising support From where we will be Expecting a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
In the realm of currency trading, the CAD/JPY pair currently presents an opportune moment for selling, with the sell zone identified at 111.694. This strategic move aligns with the anticipation of potential market shifts and allows traders to capitalize on potential downward movements. By setting specific take-profit points at 111.562, 111.053, and 110.500,...
Hello TradingView Community, Today, I'm analyzing CADJPY on the 4-hour chart using Elliott Wave theory, which presents an optimistic view for a potential long position. Our analysis suggests that the market is currently in a corrective phase after a robust impulse wave. From the chart, we can see that the price completed a five-wave impulse sequence leading to a...
When this trend line breakout then tp is 105.2 pick top to sell again
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?
This 1-hour CADJPY chart analysis suggests a SELL opportunity, employing Elliott Wave Theory for strategic planning. The chart illustrates a completed five-wave upward movement followed by the onset of a corrective A-B-C pattern. From the peak of wave (5), a notable decline marks wave (a), followed by a corrective rebound in wave (b), which seems to be...
CADJPY has formed a descending parallel channel in the absence of divergence which indicates a continuation in the current trend.
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Hello Guys i am going for a sell on CAD/JPY, because price has taken out the BUY STOPS and to my observation price will be dropping soon.
This chart shows a bearish trend .There is no Divergence but its making Head and Shoulder pattern so it eill be bearish trend
BUY CADJPY for uptrend continuation STOP LOSS : 113.23 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward...
Hey Traders, This is my take on the CADJPY Looking at the 1HR and the 15 Mins timeframes. Momentum precedes prices! When there's an ongoing primary trend and a completed wave structure, wait for the price to be discounted/pullback. This discounting in price gives us a piece of important information, we can deduce whether the price will continue the primary trend...
When we look at the chart we can see that the price is moving upwards and that we have a wedge forming. What I want to do now is trade here and see when we have another touch of the wedge that we than go long with a small trade with 2 take profit levels. I would advice to only risk 0.5% for this trade. Entry level could change because we don't know when the...
30m link:https://www.tradingview.com/x/pWs9Aow2/ 👁 OUTLOOK FOREX: CADJPY 30m: CADJPY as well as other JPY pairs are currently in re-accumulation and have liquidated lows. I would like to see price start breaking bullish and get above the 10ema and 50ema to then start looking for longs on CADJPY. Bias: Bullish on CADJPY but needs to start breaking bullish on...
Pair : CADJPY Position : LONG ( BUY ) Entry 1 : 114.175 STOP LOSS @ 113.765 TP 1 @ 114.575 TP 2 @ 114.975 TP 3 @ open ( Trailing SL )