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CADJPY BUY | Trading AnalysisHello Traders, here is the full analysis. The completed correction, recovery and formation, continuation of growth. GOOD LUCK! Great BUY opportunity CADJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
4
CADJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity CADJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
3
CAD/JPY Technical Analysis and Trade IdeaMarket Observations: CAD/JPY has demonstrated a sustained bullish trend. However, the monthly timeframe indicates the pair is overextended. Furthermore, a double top pattern on the 1D chart suggests a potential retracement to the 50-61.8% Fibonacci levels. This zone could provide the necessary liquidity for major market players to accumulate long positions. Trade Strategy: Short Entry: Consider a counter-trend short entry at the current price level with a stop above the highs. 1:1 RR. Buy Entry: Target a buy entry near the 61.8% Fibonacci retracement level to capitalize on potential long positions initiated by larger institutions. SL at the lows and targets as mentioned in the video. Disclaimer: This analysis reflects my personal perspective and should not be misconstrued as financial advice. Always conduct your own thorough research and assess your risk tolerance before entering any trades.
by fxtraderanthony
Canadians feeling stressed when they deal with Japanese!!Canadian Dollar Japanese Yen traded at 110.6680 this Monday February 12th, decreasing 0.2697 or 0.24 percent since the previous trading session. Looking back, over the last four weeks, CADJPY lost 1.94 percent. Over the last 12 months, its price rose by 11.42 percent. Looking ahead, we forecast Canadian Dollar Japanese Yen to be priced at 111.2592 by the end of this quarter and at 112.3501 in one year, according to Trading Economics global macro models projections and analysts expectations.
Short
by TheInvestors
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 I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
4
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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
4
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.
by VishalBudhrani
1
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.
by fxtraderanthony
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.
Short
by Optimum369
8
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.
Short
by HUMCRYPTOCLUB