CADJPY Bearish Wedge Pattern!CAD-JPY is trading in an
Uptrend but the pair has
Formed a bearish wedge
Pattern and is trying to make
A bearish breakout so I think
That If the breakout is confirmed
Then we can expect a local
Bearish move down !
Cadjpyforecast
CADJPY 1000 PIPS SELLING Opportunity❤️Hey Everyone, hope all of you had great weekend, after looking most of the JPY pairs, it is clear that all of them recently overbought due to JPY weakening day by day since last 2-3 months. However, a strong bearish Impulse is expected.
Price needs to show an indication of strong bearish behaviour before finalising or taking any further actions.
Good Luck And Trade Safe❤️
CADJPY Buy H1Here is my analysis for CADJPY on H1 using Order Block. 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!
CADJPY Bearish Bias!CAD-JPY has hit the
Horizontal resistance
Of 107.0 from where we
Are seeing a bearish
Reaction and I think
That the pair will go
Further down!
SELL CADJPYHi fellow traders, CADJPY has reached the blue box after completing this large WXY correction. Look for a sell opportunity anywhere from this area. Target the wave 'X' low. Good luck and trade safe!
CADJPY Analysis H1Here is my analysis for CADJPY on H1 using Order Block. 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!
CADJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bullish market structure based on higher timeframe, so I am looking for longs. My point of interest is if price makes a retracement to fill the imbalance lower and then rejects from bullish order block.
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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
CADJPY Analysis H4Here is my analysis for CADJPY on H4 using Order Block. 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!
CAD JPY Short Setup Bearish Divergence OANDA:CADJPY
CAD JPY Short Setup Bearish Divergence - Also Break of Rising Wedge
Sell Stop Entry place break of L.L
CADJPY Analysis H1Here is my analysis for CADJPY on H1 using Order Block. 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!
CADJPY TradingViewHere is my analysis 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!
CADJPY TradingView 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!
CADJPY SELL AGAINHi fellow traders, CADJPY has completed an ABC correction after the last drop. Look for a sell opportunity from the blue box area. Target the support levels. Good luck and trade safe!
CADJPY TradingView 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!
CADJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
CADJPY(06/05/2023)Open Position : 100.00
Take Profit : 102.400,101.700
Stop lost : 98.250
Best regards
CADJPY Long Position Demand ZoneHi
CADJPY(Canadian Dollar Vs Japanese Yen) is in Good Demand Zone and We hope a good Position
Entry:98.347
SL:97.525
TP:104.212
RR= 1:7
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 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 : 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.
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.
