CADJPY Bearish Bias!CAD-JPY has hit the
Horizontal resistance
Of 107.0 from where we
Are seeing a bearish
Reaction and I think
That the pair will go
Further down!
Cadjpyshort
SELL CADJPYHi fellow traders, CADJPY has reached the blue box after completing this large WXY correction. Look for a sell opportunity anywhere from this area. Target the wave 'X' low. Good luck and trade safe!
CADJPY - SHORT - Price reached Fib discount levels Since price made the first leg downwards, we had a retracement of more than 50% at fib levels, which makes grade opportunity to short. Watch for rejection First TP the structure below, Second TP after securing some profits at a level below at the order block.
CAD JPY H4 SELL The price is higher in the hourly resistance range, a trend reversal or at least a correction is expected
CADJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bullish market structure based on higher timeframe, so I am looking for longs. My point of interest is if price makes a retracement to fill the imbalance lower and then rejects from bullish order block.
Like, comment and subscribe to be in touch with my content!
CADJPYhello everyone, the price of this pair has reached the main resistance level , the price may or may not reach 110 or above.. overall, Cad has been week since the CPI news.. Price will most likely drop to support level 104. Wait for proper bearish candle and proper break out before taking a trade... pair has been bullish for quite while, there most likely be a correction anytime soon
good luck... trade safe...
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
Canadian Dollar To All Time Lows???CAD/CHF is currently sitting at a key level and a big test. Today is also the day of the Canadian Interest Rate decision.
Forecast is for Canada to increase their rate from 4.75% to 5% which would be an increase of 0.25 points. However, this same prediction was made for the RBNZ last night and they decided to keep their rate the same.
If the BoC do keep the rates the same, or increase the rate I don't see how either could be positive for the CAD, simply putting it the country is not in the best of positions.
We also had the worst CPI report in almost 2 years not too long ago and an increase in Unemployment rates last month, despite adding jobs.
I don't see how any Canadian led pair could be considered bullish, given the state of the country and my bias is for a short here.
CADJPY - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short position. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block
Like, comment and subscribe to be in touch with my content!
Potential Reversal Trade Idea for CADJPY Over 1000 PIP potentialTrade Pair: CADJPY
Direction: Potential reversal to the downside
Entry: Below current market price (to be determined based on technical analysis)
Stop Loss: Above resistance at 109.58
Take Profit: 96.5
Rationale:
The CADJPY currency pair has shown signs of a potential reversal to the downside, presenting an exciting trading opportunity. The idea is to enter the trade below the current market price, targeting a significant move of over 1000 pips.
Technical Analysis:
Resistance Level: A crucial resistance level at 109.58 has been identified. Placing the stop loss above this level helps to minimize potential losses if the price breaks out to the upside.
Bearish Divergence: Observe for any signs of bearish divergence on the oscillators or other technical indicators, indicating weakening buying pressure and a potential reversal.
Trendline Break: Monitor for a break below a major trendline or a support level that could confirm the reversal and attract further selling pressure.
Risk Management:
To manage risk effectively, it is important to adhere to the following guidelines:
Position Sizing: Determine an appropriate position size based on your risk tolerance and account size, ensuring that potential losses are within acceptable limits.
Stop Loss: Place the stop loss order above the resistance level at 109.58 to protect against a potential breakout to the upside.
Take Profit: Set the take profit target at 96.5, aiming for a substantial move to the downside. However, consider adjusting the target based on subsequent price action and market conditions.
Monitoring: Regularly monitor the trade's progress and adjust the stop loss or take profit levels if necessary, taking into account any significant price movements or fundamental developments.
Please note that this trade idea is based on hypothetical analysis and historical price patterns. It is essential to conduct your own thorough analysis, consider market conditions, and consult with a qualified financial advisor before making any trading decisions.
SHORT - CADJPY (H4, H1) (25 May 2023)SHORT trades in H4, H1
- Daily Trend is high in Curve: To take SELLS all the way to opposing zone
- Price needs to remove 1 demand zone and break TL before a valid SUPPLY zone is confirmed
- Alert set in Daily TF once opposing demand zone is taken out
- Price also needs to take out H4 demand zone before looking for SELL trades in H1
- Alert set in H4 TF once opposing demand zone is taken out
NO TRADING UNTIL THEN
CAD JPY Short Setup Bearish Divergence OANDA:CADJPY
CAD JPY Short Setup Bearish Divergence - Also Break of Rising Wedge
Sell Stop Entry place break of L.L
CADJPY Signal 27June2023price is seen breakingout the H1 trendline with a fairly full bearish candle. I see this as one of the minor bearish signs.
CADJPY ____ INCOMING BEARISH MOVEHello Guys,
As I had mentioned in my previous post on USDCAD (inserted below), CADJPY which is correlated to USDCAD is also at a very important supply region (weekly order block).
My speculation is that CADJPY may continue some more inducements and manipulation on its way to the top before it begins selling.
If you look left, you will notice the buy-side liquidity (equal highs) that the price may just spike above before selling or creating another equal high.
You should put this pair under your radar as it has more potential to deliver on the short.
Follow me for more updates like this.
USDCAD ANALYSIS
Cheers,
Jabari
CADJPYI think the price can be rejected from the resistance range of the ORDER block and go down to a certain range
DREAMS FOREX | CADJPYHello hustlers.. This is trend change trade for long term swing traders.
Use good trade management only thing important in Trading is how you manage your trade...
FROM 1:1 & 1:3 RISK REWARD RATIO...
Enjoy...
cadjpy short 1:10 r:r ratiocadjpy short 1:10 r:r ratio
daily high , 4HR liquidity grab area ,1HR OB in that area
CADJPY Short TradeCADJPY SELL
TOP 105.900
CADJPY need to be short but be careful with risk assessment.
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
