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CADJPY

CADJPY - 4hrs ( buy Trade Target Range 240 PIP ) 💲Pair Name : CAD/JPY 🗨Time Frame : 4hrs Line 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 ( ↗️ Long ) Type : Mid Term Swing ——————————— 🔰Bullish Break 101.400 Area Reasons - pattern Break Out - Visible range Lvn Break - Quarter High Break - Month High break 🔰Bearish Reversal 103.800 Area Reasons - Major Turn level - Pattern Target - Fibo Golden Zone - Visible range / D lvn
Long
by GentleGoldenEngine
2
CADJPY Is Very Bullish! Buy! Take a look at our analysis for CADJPY. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 103.219. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 105.007 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
Analyzing CAD/JPY's Upward Trajectory Amidst USD/JPY's BullishThe CAD/JPY currency pair has been exhibiting sustained growth across various timeframes due to its significant correlation with USD/JPY. Notably, the USD/JPY pair has been experiencing a robust bullish trend, exerting downward pressure on the JPY and creating favorable conditions for the CAD to appreciate. A recent development of note is the price breakout of the Ascending Triangle pattern on the H4 timeframe. In light of this, our analysis suggests the likelihood of a new bullish continuation, aligning with the prevailing uptrend direction.
Long
by FOREXN1
15
CADJPY ____ LIQUIDITY SWEEP INCOMINGHello Traders, Have approached a monthly supply zone (marked with red). Price is meant to reach this level. Due to the fact that this is obvious to everyone, price manipulation will have to happen to ensure people are liquidated before the sell-off. One way the market does this price manipulation is to induce people and form a liquidity pool that it will sweep before the bearish expansion. As marked on my chart, you will notice that there is buy-side liquidity just below the monthly supply zone. Once the price sweeps this liquidity, I would have liquidated enough people before the selling begins. I will advise you to wait and see how the price reacts to this zone before you decide to look for a bearish setup to trade. Follow me for more updates like this. Cheers, David
Short
by jabariofafrica
1