Bullish Continuity for CADJPYThe market is heading for the bullish continuation. Bullish rectangle is formed with no divergence confirming the uptrend.
Cadjpytrade
Short opportunity On CADJPYThe price took the inducement and its possible to fall when it reaches the poi, before that we need a entry confirmation in the LTF if it does not give any chance it will be no entry cause it can be a change of character.
CAD/JPY Buy ScalpingBreakout of a downtrend line
Daily deal with low risk
The buying area is shown in yellow
The target area is shown in green
The stop loss area is shown in red
CADJPY H1Here is my view for CADJPY on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
CADJPY - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: As we can see here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block for a short position.
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CADJPY : Current Situation & Technical , Fundamental View#CADJPY
- CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG.
- The reason for that is because the Central Bank of Japan did not intervene in the long term to strengthen the JPY, they are strengthening the JPY in other ways without raising the rate. Meanwhile, the price of OIL has gone down a bit, so the CAD has become very weak in the last few days. Anyway, as expected in the BOC RATE DECISION the other day, the RATE HIKE was done.
- But somehow the CANADIAN CENTRAL BANK has become HAWKISH. Therefore, CADJPY should definitely be slightly UP until the 103.110 LEVEL. Before that, there is a very high possibility of selling to the 93.00 level. So FOLLOW STRUCTURES. If JPY becomes strong, it can sell at 93.01 level.
CADJPY : Current Situation & Technical , Fundamental View#CADJPY
- CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG.
- The reason for that is because the Central Bank of Japan did not intervene in the long term to strengthen the JPY, they are strengthening the JPY in other ways without raising the rate. Meanwhile, the price of OIL has gone down a bit, so the CAD has become very weak in the last few days. Anyway, as expected in the BOC RATE DECISION the other day, the RATE HIKE was done.
- But somehow the CANADIAN CENTRAL BANK has become HAWKISH. Therefore, CADJPY should definitely be slightly UP until the 98.28 LEVEL. Before that, there is a very high possibility of selling to the 93.00 level. So FOLLOW STRUCTURES. If JPY becomes strong, it can sell at 93.01 level.
USDCAD: 2 Sell ZonesAs per my previous analysis, I have started scaling sells into this pair.
If my initial position fails, I will look to sell slightly higher as illustrated.
I will keep you all updated as things progress.
CADJPY Next Possible Move ? Pair : CADJPY ( Canadian Dollar / Japanese Yen )
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame with the breakout of the Lower Trend Line and Retracement
Divergence
Consolidation Phase
Break of Structure , Broke the Previous S / R and Retested
Bearish Channel
CADJPY: Trading Plan - 8/Mar/2023Hello Traders,
Hope you all are doing good!!
I expect CADJPY to go Down after finishing the correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Adding another buy order in $CADJPYTrade type AAA
Previous idea:
Reasons for taking this trade:
- 1HR has closed bullish
- 4hr candlestick has just opened.
- sell-side liquidity has been cleared.
- There are two liquidity pools above that need to be cleared as well.
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
Buying $CADJPY hereTrade Type AAA
Reasons for taking this trade
4HR Candlestick is closing bullish.
Zone 1 and 2 have been filled.
This price is at daily OB hence taking buys makes sense. There is a clear range to be covered.
There is a liquidity pool to be filled
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
CadJpy LongI am looking to long CadJpy once it breaks the 99.257 resistance and closes above it. It might first bounce and come back to retest the 96.234 support to create a Head & Shoulder pattern before it goes long but I will wait for confirmation.
My setup will be invalid if it fails to break the above resistance and breaks the 95.400 and closes below. That is when I will start to look for short opportunities
PREPARE TO START SHORTING CAD AGAINST JPYCAD has almost hit strong resistance against JPY. I've drawn a strong resistance zone and two supportive areas. Let's see if this plays out.
1 upper resistance zone
2 lower supportive zones
Good luck!
CADJPY - Short active ✅Hello traders!
‼️ This is my perspective on CADJPY .
Here I expect bearish price action after price filled the imbalance and rejected from bearish order block + institutional big figure 100.000.
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Taking a Long entry to $CADJPY hereOur previous idea has been invalidated:
We shall see a continuation of the bullish trend.
why?
This because:
We are 50 level fib
We are at NY Open
Taking a short entry on $CADJPY hereOur previous idea:
It hit our first TP and reverted back to our area of interest.
we have HTF confirmation hence I am expecting a reversal.
#CADJPY- MULTIPLE OPPORTUNITIES TO GRAB!CADJPY, we need one final 300 pips sell off before price comes to our buying 'discount zone'. We expect JPY to show bullish momentum for a week or two, until sellers are exhausted and significant amount of buying liquidity emerges.
TAKE CARE AND GOOD LUCK
CADJPY, I am shortin CADJPY, I am short because there is POI available in the market and i am expecting an up move before down move.
CADJPYCatch a falling star tonight,
Put it in your pocket, hold it tight.
Wait for a rainy day to come,
And let your wishes all be done.
With every twinkle, every shine,
Your dreams will come to life in time.
So don't let go, don't you fear,
A brighter future is always near.
look like XAUUSD
all trades are for my research of,4
with help of COT and TA the analysis are mad
CADJPY - Short active ✅Hello traders!
‼️ This is my perspective on CADJPY.
I expect here bearish price action as price raid buy stop liquidity and rejected from bearish order block + institutional big figure 0.98000. We have huge imbalance lower that has to be filled.
‼️Attention!!! Due to the fact that we have a news on USD tomorrow, the analysis can be invalidated.
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Taking a Long entry to $CADJPY hereAt exactly London open we had some momentum. Therefore we shall see some movement to the top.
SCADJPY Buy setupSo yesterday our SL was hit badly
but still the bullish momentum is strong.
Expecting a pullback here.
I have two targets for this.
