CADJPY → Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up levels for BUY . CADJPY long from Support
! Great BUY opportunity CADJPY
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Cadjpysetup
CADJPY Pair : CADJPY ( Canadian Dollar / Japanese Yen )
Description :
Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Daily Resistance Level. Double Top Pattern as Correction in Short Time Frame and Long Time Frame and Rejection from its Second Top. Strong Divergence in RSI
3 Great Reasons To Sell CAD/JPY 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 I Potential long following CAD Rate NewsWelcome 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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Which Way For CADJPY, Are we going to short it? {18/jan/2024}Educational Analysis says CADJPY may move in this range for some time according to my technical.
Broker - FOREX.com
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because CADJPY is start to go down after respecting supply trendline, If not then it will break resistance level to make new higher high.
Let's see what this pair brings to the table in the future for us.
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
CADJPY Trade IdeaThe CADJPY has exhibited sustained bullish momentum in recent times. However, price appears overextended currently, suggesting a potential retracement could be on the horizon.
Should price dip back into the 61.8% Fibonacci retracement zone, a buy opportunity may emerge. Prior daily swing highs could act as potential target areas (as depicted on the chart).
Important Disclaimer: This analysis is for educational purposes only and should not be construed as financial advice. Please conduct your own due diligence and risk management before making any trading decisions.
7 Dimension Analysis for CADJPY 🕛 TOPDOWN Overview
A robust rejection at the daily timeframe, coupled with an H1 Change of Structure (COS), suggests the end of the short-term bullish move.
😇 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Initially bullish but rejected at a potent daily Point of Interest (POI)
🟢 Structure Behavior: Change of Structure (Choch)
🟢 Swing Move: Impulsive
🟢 Inducement: Completed
🟢 Internal Structure: Completely bearish
🟢 Ext OB: Unmitigated
🟢 Supply Zone Rejection: Observed
🟢 Traps: Fakeout at the top and supply area
🟢 Time Frame Confluence: Daily and H4
2️⃣ Pattern
🟢 CHART PATTERNS: Reversal pattern with a double top and liquidity sweep, indicating a potential reversal
🟢 CANDLE PATTERNS: Fakeout reversal after a Record Session count, Momentum with strict engulfing at the top, Tweezer pattern with liquidity sweep, Tower Top pattern observed with Climax players presence and follow-up, increasing chances of reversal
🟢 Gaps and Other Patterns: To be observed at the opening
3️⃣ Volume
🟢 High volume on the fakeout candle and substantial volume at the swing's start and high points
4️⃣ Momentum RSI
🟢 Zone: Sideways
🟢 Range Shift: Almost shifted from bullish to sideways
🟢 Divergence: Significant divergence found at the top level and rejection areas
5️⃣ Volatility Bollinger Bands
🟢 Middle band acting as resistance
🟢 Squeeze breakout and walking on the band awaiting
🟢 M pattern observed at the top
6️⃣ Strength According to ROC
🟢 Values: CAD 1.12 vs. JPY 2.88
7️⃣ Sentiment
☑️ Trend line breakout awaiting, but on the trigger time frame, it's already done
💡 Decision: Open a sell position right at the open
🚀 Entry: 108.489
✋ Stop Loss: 109.333
🎯 Take Profit: 102.1
2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO
😊 Risk to Reward Ratio: 6
🕛 Expected Duration: 30 days
SUMMARY:
The analysis indicates a reversal opportunity. The sell position is recommended with an entry at 108.489, stop loss at 109.333, take profit at 102.1, and a risk-to-reward ratio of 6, expecting completion in approximately 30 days.
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.
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!!
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.
Daily Wave Rider - CADJPY - BUY CADJPY
Channel: GREEN
WK Pivot: GREEN
AOB: WP
CON: SBB
BUY Stop: 109.946
Stop Loss: 109.150
TP01: 110.742
TP02: 112.334
DWR present as a buy setup on 18 OCT, with Channel and Pivot are green bouncing off weekly pivot
Trade is taken as OIL looks like
SPX500: SELL
DXY: SELL
OIL: SELL
GOLD: BUY
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 28/09 MovePair : CADJPY ( Canadian Dollar / Japanese Yen )
Description :
Completed Corrective Waves " ABCDE " after Impulse. Rising Wedge as an Corrective Pattern in Short Time Frame and Long Time Frame , It is Rejecting from the UTL in Long Time and If it Breaks the Lower Trend Line in Short and Retrace then Sell