CADJPYThe market has breached below the support overlap, signaling a potential reversal towards the take-profit level.
To take advantage of the increasing selling pressure, it is advisable to initiate a sell position at 106.996, aligning with the resistance overlap.
Recognize the support level at 105.413 as a point for a potential pullback.
Caution is advised when trading Forex with margin, as it involves significant risk and may not be suitable for all investors. Exercise prudence.
Cadjpyanalysis
CADJPY Analysis. Swing trade signal.Hello everyone. i want share my idea about CADJPY.
We have some interesting forex pair at the chart. JPY was pretty bearish long time but what we see now we have some bullish moves at JPY index after big bearish move. for that i decide to try short most pairs versus JPY.
At the pair with technique analysis we have some trend change moves, price action broke some support which is now resistance, after big fall price only had huge reaction at daily support but it didn't tested twice and with one touch which strong low came up, but price has reaction at Fibonacci 61.80 LVL, at this point it made some liquidity and if we look at lower timeframe we got some strong sellers. If we look at JPY index its look pretty bullish this index broke some resistances and with slow movement testing it where its getting rejection from buyers.
For my trade i have some scenes where i am right and wrong.
Scene 1 - in this scene price getting strong seller, its coming strong downside which brake daily support and test second time daily support at 104.5.
Scene 2 - we don t have enough seller, for that market maker make fake brake out where it will take lot of stop orders and new sellers will drop price stronger.
Scene 3 - price still going upside brake 4h resistance testing it and touch to my stop loss in this scene i am wrong.
Always make your own research and manage your risk!!!
DeGRAM | CADJPY in descending channelCADJPY is trading in the descending channel .
The market is in a consolidation zone. It keeps bouncing off the same resistance level.
Price action is creating the pinbar at the channel border.
Price is likely to reject the psychological level of 108.000 and go down.
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cadjpy sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
CADJPY H1 / POSSIBLE SHORT OPPORTUNITY UNTIL THE PRICE 106.500✅ Hello Traders!
This is my perspective for CADJPY H1. Taking into consideration that JPY Basket is now very strong, I expect a bearish move until the price of 106.500. Below we have a strong resistance level at the price of 106.200 with aproximations.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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CADJPY - Potential short ✅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 only for shorts. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 107.000.
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CADJPY 45M, LONG OPPORTUNITY ✅ Hello Traders!
This is my perspective for CADJPY on 45M. I see a good opportunity to enter long for a short term. In the long term, I see a retracement from the OB at the price of 107.200.
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CADJPY I Potential bearish trend continuation Welcome back! Let me know your thoughts in the comments!
** CADJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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DeGRAM | CADJPY bearish opportunityCADJPY broke and closed below the psychological level of 109.000 and a fibo level.
We can see the sell-off at these levels on the left.
Price already started going down, and it's most likely to go down since the market is moving sideways.
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CADJPYCadJpy pair keep making higher highs, Im waiting on daily timeframe to invalidate the lows, if that lows being taken.. then we might see a small or 40% bounce of the top, then we short after.
if price have more momentum we might buy at a trendline being made.
This is not a financial advice.
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I will update this if BOJ intervene.
Trade at your own peril.
CADJPY LONG TERM 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
CAD/JPY Sell Stop - Daily ChartWe are taking trades based on the daily chart using the SAR. As shown, the entry for this trade will happen once price action breaks that level, thus creating the SAR.
I kept the TAKE PROFIT very conservative, especially for a DAILY chart, but I want you to learn patience with trading the DAILY chart.
Let me know your thoughts, and if you find VALUE in this post, you know what to do =)
Happy Trading!!