Cadjpyanalysis
CAD/JPY Sell: Wait for a break below the trendline Support During the Asian season, Putin ordered to attack Ukraine. Ukraine says that Kyiv is under attack from the cruise and ballistic missiles.
So, safe-haven JPY will dominate all currencies and especially commodities currencies. CAD/JPY are at risk of dropping more and more.
So, let's check out my CADJPY chart.
CAD/JPY Sell 89.30
One More Sell Limit @ 90.00
Stop-loss above 91.80
Target zone 87.90
Target Zone 2: 85.70
CAD/JPY 4HR BUY SET UPHi TRADERS this is my trade set up for the CAD/JPY
CAD/JPY Has broke the structure so I am Looking for a pull back in to the order block zone and then to continue up to TP area
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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CAD/JPY New Risky Long Setup To Get 200 Pips At Least !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 shaping up for a SELL!Hi Traders,
CADJPY has been developing bearish price action recently as impulses & corrections have been forming over again. Looking at the Global situation between Russia and Ukraine, safe haven currencies are strengthening which should push the price to lower boundary of the HTF structure around 89.50. I believe further down side to 87.50 is possible If we get a breakout and another continuation.
Follow your trading plan and risk management.
Good Luck!
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Share your view on this pair and leave a comment.
Bears to take over!Hi Traders,
CADJPY is reaching the top boundary of a corrective structure, waiting to see if we get a strong Impulse down followed by a correction to push price lower.
Keep this one on your watch list.
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Comment below and share your analysis!
Short term growth for higher probability SELL setupHi Traders,
CADJPY has been showing some short term bullish price action which the previous correction developed into a Pennant structure which price broke out now developing another continuation.
Personally I will wait for a few more swing highs and swing lows to form to give the momentum for a short term rise to give us a higher probability sell in the near future.
Please support me by clicking the like button if this idea helps you. I would love to hear your view on this pair. Post a comment below.
Trade safe!
CADJPY | Breakout is nearCADJPY is converging in a symmetrical triangle. It has the history of breaking anyside. No trade is suggested at the moment. However, break of either side can give good returns. Wait for the break of either side. Once it break, one can take the position in it.
Trade your levels accordingly.
CADJPY / LONG / DOUBLE BOTTOMAfter that choppy retest we should see this pair go long as now the other XXXCAD pairs are ready to go short
market correlation at work!
We are also see a double bottom to the left and price is respecting the neckline which adds to my confluence - waiting on a good entry early next week
CADJPY: Weak Momentum, Short Term TradeHello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the asset , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
My ideas are for those who are interested in improving their financial education and for those who are looking for new trading opportunities, according with their own strategies.
Daily timeframe:
4 hours timeframe:
Long term bullish perspective, the market is currently in corrective phase, after a recent strong bullish impulsive move.
However, in lower timeframe, the market is performing an interesting situation.
The last intraday impulsive move, started consolidating inside a big channel, clue of losing of momentum.
We actually got a confirmation of that, considering a shift of value area after a strong breakout to the downside.
Most of you would recognise this pattern as a bearish flag or wedge.
When, where and why would I step into the market?
Considering the good possibility of bearish momentum, I will be looking for a short opportunity.
In order to achieve this trade, few confirmations are essential, a breakout to the downside of the current fair value area and a small consolidation just below the value area, to confirm supply enough to protect my stop loss.
Potentially, my entry point would be just below the breakout of the last fair value area and the stop loss above a possible swing high.
In the scenario of breakout to the upside, no action will be taken and the trade idea will be invalidated.
If you enjoy this trade idea, please support my work with a thumb up and don’t forget to follow my profile for more detailed market analyses!
Trade safe and responsibly,
Gianni
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose