CADJPY - 4hrs ( Sell Trade Target Range 180 PIP ) Pair Name : CAD/JPY
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 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
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Bearish Reversal
110.000 Area
Reasons
- Major Turn level / M
- fake Out
- Major Choch
- Quarter's Area
- Fibo Golden
- Visible range lnv
Bullish Reversal
108.000 Area
Reasons
- Major Turn level / W
- visible range Poc
- pattern retest
- Choch Area
- Fixed Poc
CADJPY
CADJPY - 4hrs ( Down + 60 PIP / Tp 1 > Full TP 180 PIP ) Pair Name : CAD/JPY
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
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VIP Opportunity
Take Profit 1
Account Growth = 5 %
Pip' Achieved = 60 PIP
CADJPY H4 | Bounce off pullback?CADJPY is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 109.838
Why we like it:
There is a pullback support that aligns close to the 23.6% Fibonacci retracement level
Stop Loss: 109.388
Why we like it:
There is a pullback support level
Take Profit: 110.441
Why we like it:
There is a swing-high resistance level
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CADJPY H4 | Falling to pullback supportCADJPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 108.454 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level.
Stop loss is at 108.120 which is a level that aligns under the 38.2% Fibonacci retracement level and the pullback support level.
Take profit is at 108.921 which is a level that aligns with the 127.2% Fibonacci extension level.
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Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
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Strifor || USDCAD-09/20/2023Preferred direction: Neutral
Comment: The deal on the Canadian can be considered to have worked out completely; it is best to close the deal before the Fed meeting. If you leave it in operation, then be sure to move deal to break-even and partially close 70% of the total volume. In the near future, most likely the price will reach the level of 1.33347.
Thank you for like and share your views!
CADJPY - Waiting For The Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on H4: Left Chart
CADJPY has been overall bullish trading inside the rising channel in orange, however it is currently approaching around the upper trendline.
Moreover, the zone 109.0 is a strong supply. So we will be looking for sell setups on lower timeframes.
on H1: Right Chart
CADJPY formed a valid channel in red but it is not ready to go yet.
For the bears to take over, we need a momentum candle close below the last high marked in gray.
In this case, we will expect a shift in momentum from bullish to bearish.
Meanwhile, until the sell is activated, CADJPY would be overall bullish and can still trade higher inside the resistance.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Strifor || USDCAD-09/18/2023Preferred direction: SELL
Comment: Another approach to the level of 1.35030 will lead to its breaking down and further updating of the lows. This level is also a mirror level. According to our scenario, the instrument will approach the level of 1.35500 before going down. You can consider sales from current ones with a small volume.
Thank you for like and share your views!
CADJPY - Watch For This Reversal! CADJPY is on our radar at the moment. We currently appear to be in an ABC corrective wave and looking for wave C lower.
On the lower timeframe we'll be looking for reversal patterns to indicate that wave B has completed and that we've started wave C.
Trade Idea:
- Watch for lower timeframe reversal patterns or trendline breaks
- enter with stops above the aforementioned reversal pattern/trrendline break
- Targets: 107 (300pips), 104.3 (550pips)
Goodluck and as always, trade safe!
CADJPY Long Term SELLING Trading IdeaHello Traders
In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET
today CADJPY analysis 👆
🟢This Chart includes_ (CADJPY market update)
🟢What is The Next Opportunity on CADJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
CADJPY ____ INCOMING BEARISH MOVEHello Traders,
This pair has reacted from a monthly demand level and is trying to create a higher high there by hunting liquidity.
As you would notice, price is a few pips away from the weekly buyside liquidity which if it is hunted, a reaction is expected. Looking left, you will notice how price dropped strongly from that level.
My speculation is that price would take liquidity from there and use is as a form of retracement to the weekly order block.
Follow for more updates like this.
Cheers,
Jabari
CADJPY Trading IdeaBased 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 for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
CADJPY Will Fall! Sell!
Please, check our technical outlook for CADJPY.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 109.307.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 108.528 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
CADJPY Long Term SELLING Trading IdeaHello Traders
In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET
today CADJPY analysis 👆
🟢This Chart includes_ (CADJPY market update)
🟢What is The Next Opportunity on CADJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
CADJPY - Approaching A Strong Supply 🔎Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
CADJPY has been overall bullish trading inside the rising channel in orange, however it is currently approaching around the upper trendline.
Moreover, the zone 109.0 is a strong supply.
🏹 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green supply and upper orange trendline acting as a non-horizontal resistance.
As per my trading style:
As CADJPY approaches the orange circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich