Cadjpyshort
CAD/JPY 2 Best Places To Can Sell It And Get At Least 300 Pips !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 - Expect retracement ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bullish order block + institutional big figure 103.000.
Like, comment and subscribe to be in touch with my content!
CADJPY PLAN!Hello traders around the world!
My name is Alexandre Karim and today I'll be showing you my plan on CADJPY.
First of all if we go back to the weekly chart, we can clearly see that the price reached a mass psychological level at 106.420 since December 2014. The price formed an ascending channel, corrective to the upside from May 2022 till November 2022 & reversed to the downside. The gravity was clearly to the downside and back then we were planning for shorts.
Moving to the 4H chart, we can see that this pair is currently giving us an expanding channel + an ascending channel inside of the structure.
I am planning for a short position in these two areas:
1) The ascending channel which is corrective and very disciplined showing us clear touches on the upper TL. From this area, I'll be waiting for an hourly reversal pattern or an inner structure inside this ascending channel.
2) Waiting for the price to reach again the upper rejection line which is approximately at 110.520. From this area, I'll be also waiting for an hourly reversal pattern (Could be an ascending channel that will move correctively to the upside + sideways)
Always wait for the best set up to happen and have patience.
#ThePrimes
CADJPY OHLC MONTHLY STRUCTURE IN DAILY TIMEFRAME(Sell Setup) 🚨CADJPY
OHLC
MONTHLY STRUCTURE
DAILY TIMEFRAME (Sell Setup) 🚨
The CADJPY pair is exhibiting a noteworthy OHLC (Open, High, Low, Close) structure in the daily timeframe. Currently, the price is being rejected below the resistance level of 104.589 .
Anticipating a close below 104.088 , it is advisable to wait for a TDI cross to validate the presence of selling pressure in the markets. Once the cross occurs, the initial target would be 103.215 , followed by a second target of 102.914 in the daily timeframe.
It is crucial to exercise patience and await the TDI cross before taking any action.
Trade with Caution. Wait for valid entries.
Please support this idea with LIKE if you find it useful.
P A T I E N C E + D I S C I P L I N E
A SELL TRADE SETUP ON CADJPYHey Traders,
Check this analysis on CADJPY out.
There are two possibilities that could play out, and the broken resistance will be the judge of that.
A rebound from the the retest of the resistance means bullish trend and a break below followed by a simple retest means a harp sell off continuation.
Watch out.
ready to bang cadjpycadjpy (one of my beloved minor quotes) is in accumulation phase. I'm ready to take action as soon as cadjpy reaches to one of mu support/demand zones.
⚠️ Notice:
I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Good luck ❤️
CADJPY - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to go a little bit lower to fill the imbalance and then to reject from bullish order block + institutional mid figure 101.500.
Like, comment and subscribe to be in touch with my content!
Risky Short Setup On CAD/JPY , Let`s Take The Risk !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 PLAN!Hello traders around the world!
My name is Alexandre Karim and today we will be talking about CADJPY.
CADJPY is forming an ascending channel on the higher timeframe and following multiple touches on the upper TL.
I will be focusing on the short on these 2 areas:
1) High of the middle section at (101.791)
2) Third touch on the upper TL at around (102.700 / 103.500)
In these two areas, I'll be focusing on taking a reversal pattern for a short position.
If the price breaks the lower TL around (100.300) area, I'll be waiting for a continuation pattern for more downside.
Patience is key.
Wait for quality set ups.
#THEPRIMES
CADJPY: Retested Bullish Trendline, Continue its Bull Run Again?Hello Fellow Global Forex Investor/Trader, Here's an Outlook for CADJPY!
Price Action Analysis
1. FX:CADJPY has retested on the multiple rejection area and Bullish Trendline
2. Then, forming a Falling Wedge, the pattern indicates a bullish continuation pattern
3. Breakout of the pattern confirmed the possibility of the upside movement
4. The MACD Indicator also made a Golden Cross, signifying the possible upside movement to the target area.
Other Technical Drives :
1. JPYBasket is moving in the bearish trend or below EMA200
2. Breakout of the Rising Wedge indicates a possible continuation of the bearish trend
The roadmap will be invalid after reaching the target/resistance area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the CADJPY"
CAD JPY SET UP Hello guys,
CAD JPY has been moving in an ascending channel, and the price has reached the support trend line. Do you think the price will break through or bounce? I expect a bounce, so I'm waiting for the BUY confirmations.
If the price breakthrough, I will be looking to go short after the retest of the broken support level, tell me what you think guys.
CADJPY - Bearish Trend According to my analysis using the Relative Strength Index (RSI) indicator, there is no divergence present at the moment. Trend is printing series of LHs and LLs.
As part of my personal trade plan, I intend to enter a short trade with a 1:1 risk/reward ratio.
However, it is essential that you conduct your own thorough research and risk management strategies before making any trading decisions.
CADJPY Live TradeThe CADJPY has been trading strongly since April 26th, 2023. There was a big increase on Friday and it continued today. However, based on our wavecount analysis, we believe that three wave structures have been completed and it's likely a good time to sell. We took a short position at 101.05, with a 10-pip risk and a target of the GM4A (100.64) of the fibo.
Enjoy!