Cadjpyshort
CAD/JPY → 90.5 :: THE CLARITY IN THE POLARITY :: TRADEGODFOREXCOM:CADJPY
TRADE INSTRUCTIONS:
Sell any highs over the Red lines horizontally stemming from the Red circles and take profit at either Aqua coloured line. Levels are also available on the chart for use with ordered trades.
This means any new daily highs are sells accordingly.
CAD/JPY and its true value is currently in the range of 90.636 - 90.511 and 2022 in a whole saw some good impulsive moves to the upside although that bull is hibernating this Christmas as expansion and subsequently accumulation ended last week. The last leg of the expansion phase through Aug and into Sept was extremely impulsive in structure but Like the rains fall onto mountain tops and begin a legendary journey back to sea so will this asset rain on the buyers and wash away profits of those who do no perceive the unseen reality and cycles at play here.
Moral of the statement is to "go with the flow", the path of least resistance. ENJOY.
CAD/JPY Hit All Targets +285 Pips 0 Drawdown As Usual , UpdatedThis 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.
CAD/JPY :: wait for the best time !CAD/JPY :::
1_ Orange channel :: It is drawn in the time frame of one hour. It is currently at the ceiling of this channel, and its ceiling is a good resistance and will lead the price down to a large extent .
2_ Blue channel :: It is drawn in the time frame of 4 hours. And the price reacts a lot to the bottom of the blue channel, but has not been able to break it yet .
3_ The best decision :: wait until the price either breaks the ceiling of the orange channel or the bottom of the blue channel
4_ the targets will be as follows ::
If the roof of the orange channel is broken: range 117 .
If the bottom of the blue channel is broken: range 101 .
CAD/JPY Running In +200Pips 0 Drawdown , New Entry Added Now !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.
💡Don't miss the great sell opportunity in CADJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (108.33).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 36.
Take Profits:
TP1= @ 107.43
TP2= @ 106.54
TP3= @ 105.76
TP4= @ 105.03
TP5= @ 104.17
SL: Break Above R2
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💡Don't miss the great sell opportunity in CADJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (108.33).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 36.
Take Profits:
TP1= @ 107.43
TP2= @ 106.54
TP3= @ 105.76
TP4= @ 105.03
TP5= @ 104.17
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
CAD/JPY Running In +110 Pips 0 Drawdown , New Update Now !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 Where Too Next??? SELL Next Week ??The YEN cross pairs have been taking some beating this year and likely there may be more to come but llooking across all the pairs and also looking at the yen futures chart there should be a relief rally for the next week before the BOJ policy meeting at the end of the month which I am sure will be closely watched.
Today I'm sharing the trade idea on the CADJPY for next if you look on the chart week we broke to new 14 year highs on the pair taking out the 2008 HIGH and then on Friday we had a daily close back under this level with a SELL signal on my price action indicator which is highly accurate at key levels so next week I see a move back down to the previous HIGH at 107.5 that was taken out this week if we mmanage to get a DAILY close under the 107.5 level a deeper corrrection down towards 105 area is likely which is was a newly formed WEEKLY DEMAND/SELL zone that became valid this week after the NEW high was printed.
I still expect the market to target the MONTHLY SUPPLY/SELL from 2007 in the long term after it corrects down so which closely watch for BUY signals after the correction especially around 107.5 and below.
The idea is to SELL on the open this week to target the 107.5 previous HIGH or below with a stop loss above the 2008 HIGH
CADJPY 1H - Sell alert (DOUBLE TOP)We have spotted a double top on CADJPY, we expect to see it drop to 108.500. It’s about time we see a melt down since it’s rise this September. Let’s get ready for the dip, yeah!?
NB|USE PROPER RISK MANAGEMENT
ENTRY PRICE:109.520
STOPLOSS:110.100
TAKE PROFIT:108.500
CADJPY Plan.Hello traders around the world!
CADJPY on the weekly chart is looking great as the price is reaching a key area on the upper trend line.
I won't be focusing on long positions in these 3 areas. I will be focusing on taking reversal patterns for short positions.
1st area is at the weekly upper TL around 115.000
2nd area is at the mass psychology rejection line around 125.544
3rd area is at the higher mass psychology rejection line around 137.390
Always wait for the right pattern before executing.
Patience is key.
#ThePrimes
CADJPY sell opportunityCADJPY is at very significant supply zone and making an bearish divergence
also JPY index is showing signs of a long sell area
follow the structure on chart and look for bearish confirmation on lower time frames
than sell CADJPY with your own money management and risk to reward ratio
always remember that patience is the key to success in financial world
CAdJPY: Elliot Price Action Hello friends. Canada/yen has an upward trend in the long term and will expect to reach 117, but in one hour time, the first wave has ended and it will move towards the price of $105 in a three-wave correction, and after that, it will see a strong growth. up to the price of $112, which is the end of wave 3.
2X CADJPY 1D Tech. Analysis!CADJPY has broken the mid-term bullish trendline and came back to retest the order block in the 106.375 area. We also see a possible head and shoulders forming, so this is what we are going to play down to the long-term trendline! We are going to wait for the break of the short-term bull trendline for a safer entry! but my entry is already in @106 area! Wait for confirmation, be patient and lock in profit!