Scenario CADJPY levels update I am proceeding further in short's understanding of the market, I just wanted to specify the levels where the most accurate turn could be achieved, this analysis is based on the previous one
Cadjpyforecast
CADJPY Bearish Breakout!OANDA:CADJPY broke the rising
Support line and is going
Down again so we are
Bearish biased and we
Will be expecting a
Further move down !
Scenario CADJPYThe running double top that stretches all the way in the channel is interesting, especially around the marked support where a correction structure was formed against the second peak, the value of the fibo level is 0.5, the situation around the marked circle will be decisive for me and if the price breaks through the lower wall of the channel, I will enter a short position
SELL CADJPYAfter succesfully forecasting the previous intraday fall, helped by a JPY downward movement, and after a little back up, CADJPY is ready to go down towards the next KL.
Expecting a liitle bit of zigzag but globally going down for the next few hours.
#CADJPY 4HCADJPY 4-Hour Analysis
The CADJPY pair is currently trading within a rising channel on the 4-hour chart, approaching the upper boundary of the channel, which acts as a strong resistance level. This setup indicates a potential reversal point, creating an opportunity for a sell position.
Technical Outlook:
- Pattern: Rising Channel
- Forecast: Bearish (Sell Opportunity)
- Resistance Level: Channel upper boundary
Traders may consider selling near the channel’s resistance, with targets set at lower support levels within the channel. To confirm bearish momentum, it’s advisable to check indicators such as RSI for overbought signals or MACD for bearish divergence before entering a short trade.
RECTIFICATION : CADJPY GOING UP !!!We misunderstood the charts thinking there would be a huge drawdown, but no ;
CAD takes its vengeance today by actually striking up at 2:30 PM London time, and will probably zigzag along after that.
CADJPY GOING DOWN !!!The CAD/JPY pair has been showing clear signs of a downtrend, with key indicators pointing towards further depreciation in the coming days. Several factors are contributing to this bearish momentum:
🔻 Weakening Canadian Dollar: Recent data suggests a slowdown in Canada's economy, putting pressure on the CAD. Lower oil prices, a crucial export for Canada, are also contributing to this weakness.
🔻 Strengthening Yen: As global uncertainties rise, the Japanese Yen is gaining strength due to its safe-haven status, putting further downward pressure on CAD/JPY.
🔻 Technical Analysis Confirms the Trend: The pair has broken key support levels, with moving averages and momentum indicators confirming that the price is heading lower. Selling pressure has been increasing as we move towards oversold territory.
Now could be a strategic time to enter a SELL position on CAD/JPY before it drops further. Stay ahead of the market and take advantage of the falling price action! 📉
CAD/JPY "Loonie-Ninja" Bank Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist CAD/JPY "Loonie-Ninja" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
#CADJPY 4HCAD/JPY 4-Hour Chart Analysis:
The CAD/JPY 4-hour chart shows a trendline breakout, accompanied by a strong support level. After moving in a downtrend, the price has successfully broken above the descending trendline, indicating a shift towards bullish sentiment. Additionally, the price has found support at a key level, reinforcing the possibility of an upward move.
Forecast:
- Buy after the price confirms the breakout above the trendline and holds above the support level.
- This breakout suggests a change in market direction, signaling a potential upward rally.
- Look for further confirmation through volume and price action to validate the strength of the trend continuation.
Let me know if you need any adjustments!
CADUSD LONG VERY SOONM/M CAD coming tomorrow
In the green zone, looking for an escape with a lower low then an explosion at the top
Combining fundamentals and technicals, seems safe to say that after a liitle zig-zag tonight, any CAD asset will go through the roof
CAD/JPY "THE LOONIE-YEN" Bank Money Heist Plan on Bullish Side.Hallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist CAD/JPY "THE LOONIE-YEN" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
#CADJPY 1HCAD/JPY 1-Hour Chart Forecast
The CAD/JPY pair is showing **bullish potential** on the 1-hour chart, suggesting an opportunity to enter a **buy trade**. The pair may have been experiencing upward momentum, with key technical indicators pointing toward continued strength.
The following key elements support the buy forecast:
Uptrend Formation: The pair is likely respecting an upward trendline or breaking above recent resistance, indicating strong buying pressure.
Momentum Indicators: Oscillators such as the RSI or MACD may confirm bullish momentum, signaling that there is room for further upside.
Support Levels: The pair could be bouncing off a key support zone, offering an attractive entry point for buyers looking to ride the trend higher.
Traders looking to enter a buy trade should consider setting stop-loss orders below recent swing lows to manage risk in case of a pullback. Targeting previous highs or key resistance levels is recommended as potential take-profit areas. Keeping an eye on any shifts in sentiment or market conditions is essential, but overall, the technical picture supports a **buy forecast** for CAD/JPY in the short term.
#CADJPY 1HCADJPY (Canadian Dollar / Japanese Yen)
Timeframe: 1-Hour (1H)
Pattern: Rising Wedge
A rising wedge pattern has emerged on the 1-hour chart of CADJPY. This bearish formation typically signals a potential reversal or a slowdown in the prevailing uptrend. The wedge is formed by converging trendlines, with higher highs and higher lows, indicating a weakening upward momentum.
The rising wedge pattern suggests that although the price is still moving higher, buyers are losing strength, and a breakout to the downside could be imminent.
Forecast: Sell
The current forecast favors a sell opportunity, as the rising wedge often leads to a bearish breakout. A breakdown below the lower trendline of the wedge would confirm the reversal and signal a potential decline in price.
Technical Outlook:
Resistance Level: The upper boundary of the wedge, where buyers may find it difficult to push the price higher.
Support Level: The lower boundary of the wedge, which, once broken, could trigger further downward movement.
Key Levels to Watch: A confirmed break below the wedge’s support level could accelerate selling pressure, leading to lower prices.
Traders should wait for confirmation through signals such as bearish candlestick patterns or volume increases on downward moves before entering short positions.
Keep an eye on market sentiment and relevant news, especially regarding oil prices (affecting CAD) or safe-haven demand for JPY, as these could influence price action in this pair.
CAD/JPY "Loonie Yen" Bank Bearish Robbery Plan on Short sideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist CADJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
CADJPY SELLCADJPY possible move, as CADJPY is following a bearish trend in higher timeframes, just follow the trend and make some profits.
#HappyTrading
#CADCHF 1DAYCADCHF Daily Chart Analysis
Trade Recommendation: Buy
Buy Level: 0.62200
Target Levels: 0.63900 / 0.64700 / 0.6600
Overview:
The CADCHF currency pair has shown promising signs for a bullish trend based on recent daily chart analysis. We recommend entering a buy position at the level of 0.62100, which has demonstrated strong support and potential for upward momentum.
Target Levels:
1.First Target: 0.63900 - This level represents an initial resistance point where the price is expected to test and potentially pull back.
2.Second Target: 0.64700 - A further resistance level where the price might encounter increased selling pressure, offering a second profit-taking opportunity.
3. Third Target: 0.6600 - The final target level, indicating a significant upside potential if the bullish trend continues to strengthen.
Strategy:
Enter the buy position at 0.62200 with stop-loss orders set below the support level to manage risk.
Monitor the price action closely as it approaches each target level, and consider adjusting stop-loss or taking partial profits as needed.
Outlook:
The overall trend appears bullish, supported by recent price action and technical indicators. Keep an eye on market conditions and news that could impact the CADCHF pair, and adjust your strategy accordingly.
Feel free to adjust any specifics or add additional details based on your analysis!
CADJPY Local Bearish Bias!CAD-JPY is trading in a
Local downtrend and
We are seeing a bearish
Breakout of the key
Horizontal level of 106.246
Which is now a resistance
So we are bearish biased
And we will be expecting
A further move down!
CADJPY "Loonie yen" Bank Bearish Robbery Plan on Short sideOla Hola Robbers / Traders,
This is our master plan to Heist CADJPY market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
CADJPY Support Ahead!CAD-JPY is trading in a
Downtrend but the pair
Will soon hit a horizontal
Support of 104.911 from
Where we will be expecting
A local move up!
CADJPY Technical Analysis and Trade Idea 👉🔍 In this video, we analyze CADJPY. It's evident that CADJPY has been showing bearish momentum recently. However, I anticipate a retracement as it has traded into a key support level. My strategy involves monitoring the 15-minute and 5-minute charts for signs of a retrace, sideways movement, and a potential bearish reversal. This could present a scalp or day trade short opportunity targeting the previous lows, as described in the video.
It's important to note that these observations are speculative and not a definitive forecast. Confirming specific price movements is crucial before considering any buying or selling decisions, as elaborated in the video. The video provides a comprehensive analysis of the current trend, market structure, and price dynamics. Remember, this educational content is designed to enhance understanding and does not guarantee outcomes. Trading inherently involves substantial risks, so employing robust risk management techniques is essential. 📈🔔
CADJPY Short Term Sell IdeaH4 - Bearish convergence
Currently it looks like a pullback is happening.
H1 - Bearish trend pattern followed by a pullback
Until the strong resistance zone holds I expect the price to move lower further in the short term.
CADJPY Bank Bearish Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist CADJPY Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
#CADJPY: 800+ Pips Possibly The Next Big Movement to OccurDear Traders,
Likewise our GBPJPY idea we also expect the similar movement on CADJPY, due to JPY recent bullish price correction, price of JPY pairs dropped heavily, however, the good thing is price rebounding from a vital key level which may be a turning point that buyers were looking for. Please note, today there is bank holidays in the uk and japan.
