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Cadjpytrade

7 Dimension Analysis for CADJPY 😇 7 Dimension Analysis Time Frame: H1 1️⃣ Swing Structure: Bullish with Breakout of Structure (BoS) and impulsive move strengthening, lacking inducement 🟢 POI OB: Unmitigated 🟢 Traps: False Breakout observed at the start of the move 2️⃣ Pattern 🟢 CHART PATTERNS: Continuation pattern with a completed flag targeting a possible retracement 🟢 CANDLE PATTERNS: Record Session count of 7, Shrinking long wick ends indicating a short reversal. Last H1 candle shows the entry of climax players, suggesting a potential correction 3️⃣ Volume 🟢 Highest volume observed at breakout and start area of the move, but currently, volume is drying 4️⃣ Momentum RSI 🟢 Currently in a super bullish zone and heavily overbought, indicating a strong need for correction 🟢 Grandfather father son entries perfectly align; waiting for other entries based on this and SMC combine 5️⃣ Volatility Bollinger Bands 🟢 Significant expansion in the price suggests a need for cooling down or contraction and correction 🟢 Market still walking on the band; waiting for it to end 6️⃣ Strength According to ROC 🟢 Values: CAD > JPY, -0.88 vs -4.44 7️⃣ Sentiment ✔️ Entry Time Frame: H1 ✅ Entry TF Structure: Bullish ✔ Support Resistance Base: OB with FVG and liquidity sweep ☑️ Candles Behavior: Wait for price to reach order block areas 💡 Decision: Seeking buy entries 🚀 Entry: 115.210 ✋ Stop Loss: 114.389 🎯 Take Profit: 119.4 😊 Risk to Reward Ratio: 5 🕛 Expected Duration: 5 days 📚 SUMMARY: The analysis suggests a strong bullish trend on the H1 timeframe with indications of potential retracement. Traders are advised to wait for price action confirmation at order block areas before entering buy positions, aiming for a 5-day duration with a favorable risk-to-reward ratio of 5.
Long
by Optimum369
CADJPY → Trade Analysis | BUY SetupHello Traders, here is the full analysis. Price reversal going up, levels for BUY . CADJPY long ! 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
6
CADJPY - POTENTIAL RETRACEMENT FROM FVG / SHORT SIGNAL💡Hello Traders! CADJPY - At the moment I see a bullish structure on the h1 and h4 timeframe, favoring short positions. I'm looking for a potential short opportunity if the price will retrace from the FVG. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible. ____________________________________ www.tradingview.com
Short
by GoodTradeST
2
#CADJPY: Major Swing Selling Opportunity, 300 Pips Expected! Dear Traders, Cadjpy was extremely bullish in January since Yen plummeted to record low, making it easier for all jpy pairs to rise to the new level. However, since february Yen has started to recover and it is expected to remain bullish for entire march. Right now, We are looking at price to come to our area of entry and reject it from there, with possible 300 pips selling opportunity can be targeted. Using of Accurate Risk Management is advisable and protect your capital at all time. Only take this idea as your bias. Good Luck and Trade Safe!
Short
by Setupsfx_
9
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
1
CADJPYThough we have a bearish outlook on the monthly charts, currently we are in a strong bullish correction that is printing higher highs seeking to mitigate supply zones (118).On the weekly charts we still have the same bullish bias. On the daily charts, we are in a minor bearish correction targeting the weak demand zone between 108-94 price handle. On the 4 hour we are still in a bearish correction seeking to clear disequilibrium. If the price breaks below 104 then its targeting the weekly demand.
by morrisgitau
CADJPY:🟢Is it bullish...?!🟢(Details on caption) As you can see, the price took the sell-side liquidity and had a bearish reaction, in addition, we can see the price created the bullish breaker block and FVG. Now, we can expect the price to move higher to collect the buy-side liquidity, for that, it may happen from here or retrace more to a bullish order block which formed on the 50% level Fibonacci. 💡Wait for the update! 🗓️01/03/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Long
by VahidTradingCR
1
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