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CADJPY

CADJPY - 4hrs ( Sell Trade Target Range 240 PIP ) 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 107.200 Area Reasons - Major Turn level / W - Liquidity Zone - Fibo Golden - Visible Range Poc - Choch Area Bullish Reversal 104.000 Area Reasons - Major Turn level - Main Area / Demand - Month High - Trend Line - Visible Range lvn - Fibo Golden
Short
by GoldenEngine
CADJPY Upside PotentialHey Traders! 👋 For Day 28/100 of our challenge, we will look at CADJPY for upside potential this week/month Technicals: - Stuck in bullish range 104.8-103.6 - Mostly a fundamental-driven trade - Engage in longs only when support above 104.8 is formed Fundamentals: - BoC surprise hike; regains status as hawkish CB - BoJ meeting this week not expecting any shift from loose policy stance - Rebound in commodity prices should help the CAD Sentiment - CAD also being net short for leveraged funds but JPY is a stronger short - Retail positioning extreme short territory (we want to go against them) That's it for today! A more in-depth view with technicals, fundamental, and sentiment. This is 1/6 of our watchlist. What's in your watchlist? Anyways, safe trading and see you tomorrow! 🥂
Long
by rob_WRLD_
CADJPY Is Very Bearish! Sell! Here is our detailed technical review for CADJPY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 104.557. Taking into consideration the structure & trend analysis, I believe that the market will reach 103.812 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
CADJPY H4|Bullish bounce from support?CADJPY could approach a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 104.201 Why we like it: There is an overlap support Stop Loss: 103.555 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement level Take Profit: 104.869 Why we like it: There is an overlap resistance at the recent swing-high Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by VantageMarkets
CADJPY PLAN!Hello traders around the world! My name is Alexandre Karim and today I'll be showing you my plan on CADJPY. First of all if we go back to the weekly chart, we can clearly see that the price reached a mass psychological level at 106.420 since December 2014. The price formed an ascending channel, corrective to the upside from May 2022 till November 2022 & reversed to the downside. The gravity was clearly to the downside and back then we were planning for shorts. Moving to the 4H chart, we can see that this pair is currently giving us an expanding channel + an ascending channel inside of the structure. I am planning for a short position in these two areas: 1) The ascending channel which is corrective and very disciplined showing us clear touches on the upper TL. From this area, I'll be waiting for an hourly reversal pattern or an inner structure inside this ascending channel. 2) Waiting for the price to reach again the upper rejection line which is approximately at 110.520. From this area, I'll be also waiting for an hourly reversal pattern (Could be an ascending channel that will move correctively to the upside + sideways) Always wait for the best set up to happen and have patience. #ThePrimes
Short
by alex_k_95
CADJPY OHLC MONTHLY STRUCTURE IN DAILY TIMEFRAME(Sell Setup) 🚨CADJPY OHLC MONTHLY STRUCTURE DAILY TIMEFRAME (Sell Setup) 🚨 The CADJPY pair is exhibiting a noteworthy OHLC (Open, High, Low, Close) structure in the daily timeframe. Currently, the price is being rejected below the resistance level of 104.589 . Anticipating a close below 104.088 , it is advisable to wait for a TDI cross to validate the presence of selling pressure in the markets. Once the cross occurs, the initial target would be 103.215 , followed by a second target of 102.914 in the daily timeframe. It is crucial to exercise patience and await the TDI cross before taking any action. Trade with Caution. Wait for valid entries. Please support this idea with LIKE if you find it useful. P A T I E N C E + D I S C I P L I N E
Short
by PeanutButter
CADJPY: Ideal sell entry now.CADJPY hit today the top of the HH trendline that started the Channel Up at the start of the year. 1D is naturally on firm green level technically (RSI = 64.634, MACD = 1.030, ADX = 45.677) but the RSI has been trading on a flat Rectangle since May 18th. It is the same pattern that led to the February 18th High. Our trigger level to sell is the crossing under the dotted Channel Up. Our target will be the 1W MA100 and bottom of the Channel Up (TP = 98.500). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
11