Taking a Long entry to $CADJPY hereAt exactly London open we had some momentum. Therefore we shall see some movement to the top.
Cadjpylong
SCADJPY Buy setupSo yesterday our SL was hit badly
but still the bullish momentum is strong.
Expecting a pullback here.
I have two targets for this.
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 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 96.33 LEVEL. So FOLLOW STRUCTURES.
CADJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on CADJPY .
Here I am looking for a short position if price takes out buy stop liquidity above equal highs and then rejects from bearish orderblock + institutional big figure 98.000. Also, we can see divergence in formation on H1 timeframe.
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CADJPY Bullish The bullish butterfly has been completed and confirmed in the Daily base time frame.
It is an excellent long position for "Swinger Traders" with narrow risk but a high reward potential.
have a good trade
CADJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective of CADJPY .
Here we are bearish from H1 & H4 timeframes perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bearish orderblock.
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CADJPY Idea H1Here is my view for CADJPY on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
CAD/JPY Long...CAD/JPY Buy ... This is not signal... Dont risk more than 3% of your account on any trade...
CADJPY - Retracement expected ✅Hello traders!
‼️ This is my analysis on CADJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make the retracement to fill imbalances higher and then to reject from bearish orderblock + institutional mid figure 98.500.
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CADJPY: a SHORT TERM BUYHello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the CADJPY pair, 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
CAD/JPY AnalysisAs long as the CAD/JPY parity stays above 95.70, I think it can see 99.55, then 101.60 and 105.00 levels.
CADJPY LONG BUYThe Canadian Dollar vs. the Japanese Yen. When a trader is unsure about trading the US Dollar, the CADJPY is often determined to be a suitable replacement. However, the historically higher yield of the Canadian dollar in the past has made the CADJPY more sensitive to market wide sentiment changes than the USDJPY. Also, Canada’s large amount of energy exports, most notable oil, causes it to be affected by crude oil prices.
CAD/JPY LongI came up with this idea because on 1D chart , there is possible next wave scenarios as described in the chart
My idea is that CADJPY will hit at least 99.890 .As a second target i will set 100.27 and as a third target 100.75.
! I will risk 0.33% for each trade , we aware risk on your own !
CadJpy LongI am looking to long CadJpy once it strongly breaks the resistance above. If it fails to break it, it will continue to short and I will look for short opportunities once it breaks the support below
CADJPY - Retracement expected ✅Hello traders!
‼️ This is my analysis on CADJPY .
Here we are bearish from daily perspective, so I am looking for shorts. Now I expect price to reject from bullish orderblock and to make a retracement and to open a short position if price rejects from bearish orderblock.
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CADJPY: BULLISH Market Analysis! Watching for REVERSALHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the CADJPY, 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.
Top Down Technical Analysis:
The market approached on the previous swing low, double bottoming, correcting and losing momentum inside a falling wedge, usually a reversal pattern, especially during market conditions like this.
In lower time frame as well, we can see few confluences confirming our bias, patterns within patterns and a sharp impulse of almost 200 pip breaking the structures to the upside.
When, where and why would we step into the market?
Considering the high probability to see a reversal scenario, counting the weakness of the market and bullish confluences, we will be looking for a potential long position if the market will confirm the next movement developing a correction for its previous bullish impulse.
However, as always, we don’t exclude the possibility to see the price going deeper and lower, in that case, we won’t take any position until a clear price action in favor with our bias.
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Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
Buy possibilities My intake on this pair CAD/JPY. Well it was a bearish structure with a definition of creating LH's and LL's then the bullish impulse move broke the resistance trend line and we will wait for the reaction to break the structure to can identify the future move. Well the price might not move exactly as predicted but the possibilities we are facing here are for going long.
CADJPY | Possible RetracementCADJPY may be making a retracement before it extends its losses in the month of December!
Watch out for this trendline as it might be drawing price to it in order to drive it down.
Trade well and take care!
CADJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on CADJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make a retracement and then to reject from bearish orderblock + institutional big figure 108.000.
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CAD/JPY Running In 70 Pips 0 Drawdown , New Entry Added NowThis 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.
