CADJPY here !!we can on weekly and daily chart w pattern chreated
so maybe a good move we can see in future
Cadjpyanalysis
CADJPY BUYSHello traders, trust y’all are having a great week, let’s talk about CJ we are Currently having A Head and Shoulder Chart Pattern And we all knows what it means and what prices is actually saying so not much to say let’s wait for price to retest zone 98.754 for a Shoulder to be formed then we can start seeing a bullish continuation pips target for this trade is about 170 pips, price target is 100.550 tell me what you guys think about this trade thanks
$CADJPY👑 #CADJPY BUY 👑
ENTRY:
98.501✅
TARGETS:
1️⃣98.676🎯
2️⃣98.975🎯
3️⃣99.202🎯
4️⃣99.354🎯
5️⃣99.524🎯
Stoploss:
97.999🛑
CAD/JPY SHORT ENTRY Hey Guys!
I just aborted the entire cad/jpy short position due to possible current long strength kicking back in.
That's it! Have a great day!
Ken
CADJPY SHORTOn 4h timeframe it got rejected on resistance level, it looks sideways though, for 2hr timeframe it looks bearish for me, and might go back to the 2hr supply area and sweep the internal liquidity. However on 30m timeframe there is a supply area, if ever it price gets rejected on that supply area, I guess it can be considered as the new Lower high and may not proceed to the 2hr Supply.
CADJPY - BUYDepending on how price reacts at this daily support zone I will be looking to buy
Look for rejection wicks, engulfing candles or SMC bullish Change of characters.
CAD/JPY SHORT ENTRY Hey Guys!
The Weekly bias on the cad/jpy is short. Or in other words, price is likely to reach 94.06 before reaching 100.87.
Moreover, I just took an aggressive short entry. In this post I explain the reasoning for the short bias, how I entered the short entry, as well as how I plan to manage this short trade.
That's it!
I'll keep you guys updated!
Ken
CADJPY reaching supply ZoneHere we can see that CADJPY is reaching its supply zone from the major uptrend.
with the major news coming for cad this week. i expect CADJPY to get short and reach the downside highlighted zones.
best of luck .
target remains to be 97.55
CADJPY BEARISHThe strength of the yen continues against the Canadian dollar, sentiment indicates that the price will continue falling against the CAD.
CADJPY : Current Situation & Technical , Fundamental View#CADJPY
- CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG.
- The reason for that is because the Central Bank of Japan did not intervene in the long term to strengthen the JPY, they are strengthening the JPY in other ways without raising the rate. Meanwhile, the price of OIL has gone down a bit, so the CAD has become very weak in the last few days. Anyway, as expected in the BOC RATE DECISION the other day, the RATE HIKE was done.
- But somehow the CANADIAN CENTRAL BANK has become HAWKISH. Therefore, CADJPY should definitely be slightly UP until the 105.00 LEVEL. Before that, there is definitely a very high possibility to sell to 98.78 LEVEL. So FOLLOW STRUCTURES. If JPY becomes strong, it can sell at 93.01 level.
CAD/JPY Running In 150 Pips 0 Drawdown , New Entry Added Now !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CADJPY PLAN!Hello traders around the world!
I want to talk about CADJPY and what I'm planning on this pair for this week.
First of all, If you go back to the weekly chart, you can clearly see that the price reached a mass psychological level since Dec 2014 (106.501).
On Monday 18 Apr 2022 the price started to create an ascending channel till Monday 07 Nov 2022 reaching the mass psychological level since Dec 2014 (106.501).
The price broke to the downside impulsively and might be currently forming a bearish correction.
Now, moving to the 4H Timeframe, we have two rejection lines:
1st one: 101.204
2nd one: 100.863
We can also draw an upper trend line If we connect these previous two prices & we can see that the current price is just under the upper TL.
I am currently looking for a reversal pattern on the 1H chart for a short position. I am also considering the rejection lines as mentioned before.
Patience is key.
#THEPRIMES
DeGRAM | CADJPY major resistanceCADJPY is decelerating while approaching a major resistance level on the 4H.
Price has reached the resistance level of 100.500.
The market shows massive divergence at the resistance level , which indicates that prices may explode downward.
Kill zone: resistance and an equal-measured move.
-------------------
Share your opinion in the comments and support the idea with Like. Thanks for your support!
CADJPY - Sell-off expected ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price could reject from bearish order block + institutional big figure 100.000. My target for long term is sell stop liquidity.
Like, comment and subscribe to be in touch with my content!
CadJpy- Rallies above 100 should be soldSince the beginning of 2023, CadJpy has traded in a range between 96 and 100 (with some spikes in either direction).
I expect the pair to remain in this familiar range and, with the price rising towards resistance, traders could look to sell eventual rallies above 100.
Considering 100 pips stop loss and a target to the lower boundary of the range, a phenomenal 1:4 R: R could be achieved for a swing trade.
CAD/JPY Broke Important Res , Time To Buy This Pair ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
20 Reason for Buy CADJPY🔆 MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW ☀️
✨ Eagle Eye: On the yearly chart, the price has been consolidating within a range since 2008. After a 3-year bullish momentum, the price is currently forming a yearly inside bar. This indicates a potential trend reversal and demands close attention.
📆 Monthly: Following a valid change of character, the price has mitigated the monthly FVG with a significant liquidity sweep, as demonstrated by the monthly hammer. As a result, expectations are bullish for the upcoming monthly sessions.
📅 Weekly: The FVG has already been mitigated, and over the last two weeks, the price has shown strong reversal signs, indicating a potential trend shift.
🕛 Daily: After forming a daily high, the price has filled our FVG and formed a narrow range and inside bar. We can anticipate a buy entry at the initial breakout.
😇 7 DIMENSION ANALYSIS
🟢 Analysis Time Frame: Daily
1 Price Structure: The bearish momentum has been halted.
2 Pattern Candle Chart: The price has formed a double bottom, inside bar, and narrow range pattern, which indicates a potential reversal.
3 Volume: No significant volume has been observed during the correction, which favors the bulls.
4 Momentum UNCONVENTIONAL Rsi: The RSI has shifted from bearish to sideways, indicating a potential trend change.
5 Volatility Measure Bollinger Bands: The middle band is providing support, indicating potential bullish momentum.
6 Strength ADX: The ADX indicates that the price is currently in a sideways trend, and further confirmation is required.
7 Sentiment ROC: The CAD is stronger than the JPY this week, indicating a potential bullish momentum.
✔️ Entry Time Frame: H4
12. Entry TF Structure: Bullish engulfing pattern.
Entry Move: Impulsive.
Support Resistance Base: CIP support level.
FIB: Trigger event has already occurred, and a trend line breakout has been confirmed.
☑️ Final Comments: Buy at the open low.
16. 💡 Decision: Buy.
🚀 Entry: 97.864.
✋ Stop Loss: 97.358.
🎯 Take Profit: 100.
😊 Risk to Reward Ratio: 1:4.
🕛 Expected Duration: 10 days.
CADJPY : Current Situation & Technical , Fundamental View#CADJPY
- CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG.
- The reason for that is because the Central Bank of Japan did not intervene in the long term to strengthen the JPY, they are strengthening the JPY in other ways without raising the rate. Meanwhile, the price of OIL has gone down a bit, so the CAD has become very weak in the last few days. Anyway, as expected in the BOC RATE DECISION the other day, the RATE HIKE was done.
- But somehow the CANADIAN CENTRAL BANK has become HAWKISH. Therefore, CADJPY should definitely be slightly UP until the 103.110 LEVEL. Before that, there is definitely a very high possibility to sell to the 95.92 LEVEL. So FOLLOW STRUCTURES. If JPY becomes strong, it can sell at 93.01 level.
#CADJPY- OVERVIEW!Hey everyone, CADJPY has mix reviews firstly JPY has been strongest currency since US BANK TURMOIL we have to take extra care while taking this trade.
Intraday SELL CADJPY (04 APR 2023)CADJPY intraday trading alert
3 simple steps to find a quality setup !
Risk Reward Ratio 1: 2
Anyone same idea with me?
SELL CADJPY
Good luck traders..
CAD/JPY Made Inverted H&S , Scalping Long Setup Available This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CADJPY H1Here is my view for CADJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
