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CADJPY trade ideas

CADJPY Is Very Bearish! Short! Take a look at our analysis for CADJPY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 105.190. Taking into consideration the structure & trend analysis, I believe that the market will reach 104.340 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
Lingrid | CADJPY Potential Downside Move After BreakoutThe price perfectly fulfilled my previous idea . FX:CADJPY is facing continuous rejection from the descending trendline, maintaining its position within the downward channel. Price is struggling to hold above the 105.00 region, showing signs of distribution after a fake breakout and lower high formation. A sustained breakdown below 105.00 would confirm the bearish continuation targeting the 104.00–104.50 zone. 📉 Key Levels Sell zone: 105.40–105.50 Buy trigger: breakout above 105.60 and retest Target: 104.500 Sell trigger: confirmed break and close below 105.00 ⚠️ Risks False breakdown could lead to sharp recovery toward 106.20 Oversold conditions may slow downside near 104.50 Range re-accumulation above 105.00 could trap short-sellers Thin liquidity around 104.20 might cause price spikes If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Short
by Lingrid
5
CADJPY Short IdeaThis is a **CAD/JPY** (Canadian Dollar / Japanese Yen) short setup on the **2-hour chart**, structured around a **Head and Shoulders pattern** and a **break of structure**, supported by multi-timeframe bearish bias. ### **Trade Description:** * **Direction**: SELL * **Entry Plan**: After the recent **break of structure** to the downside, the trader is waiting for a **retest** of the broken support zone (now resistance) and a **bearish engulfing candle** on any timeframe (1H, 2H, or 4H) to enter short. * **Stop Loss**: Just above the retest zone (\~105.95 - 106.00) * **Take Profit**: Targeting \~103.95 area * **Risk/Reward**: Approximately 3.5:1 RRR --- ### **Reasoning Behind the Trade:** #### ✅ **Technical Setup:** 1. **Head and Shoulders Pattern**: * A classic **reversal pattern** visible, with the right shoulder confirming lower highs. * The neckline has been broken — signaling trend reversal from bullish to bearish. 2. **Structure Break**: * Price has **broken below previous higher lows**, confirming a shift in structure. * A retest of the broken level is anticipated before the next move down. 3. **Confluence Zones**: * The **Daily Area of Interest (AOI)** lies around 105.00–105.20. * EMA cluster (blue and red lines) above current price adds resistance pressure. 4. **Engulfing Candle Confirmation**: * The entry is not immediate — we wait for **bearish confirmation** via engulfing candle (on 1H/2H/4H depending on clarity). --- ### **Multi-Timeframe Bias:** * **Weekly (W): Bullish** * **Daily (D): Bearish** * **12H / 6H / 4H: Bearish** * → Overall bias: **80% Bearish**, supporting a short position. --- ### **Summary:** The trader is looking to short CAD/JPY after a **clear break of structure and neckline**, within a **bearish market context on most higher timeframes**, waiting for a cleaner **bearish engulfing signal on the retest** before executing. The trade targets a zone below 104.00 for a strong reward-to-risk potential.
Short
by andreabiondo13
Potential bearish drop?CAD/JPY has reacted off the pivot which is a pullback resistance and could drop to the 1st support which is also a pullback support.. Pivot: 105.84 1st Support: 104.33 1st resistance: 106.80 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bullish ABC Hello awesome traders! I hope you're having a great trading week so far. This week is a bit shorter due to the U.S. Independence Day — with partial closures Thursday and a full close on Friday. But as always, we keep doing what we do best: identifying high-probability patterns, managing our risk, and pulling pips out of the market. Let’s break down this solid technical opportunity shaping up on CADJPY (4H) – presenting a bullish ABC structure into PCZ with clean symmetry and mapped targets. Pattern Overview: Pattern Type: ABC Bullish Asset: CADJPY Timeframe: 4H Trade Type: Long – Bullish impulse expected from confirmed completion at PCZ Key Levels: A Point: 103.819 – Major swing low off the 200 EMA B Point: 107.334 – Recent swing high, strong resistance reversal C Point: 104.837 – Completion zone aligning with fib extension confluence Entry Level (EL): 105.100–105.200 – Price now entering PCZ with reversal structure Stop Level (ST): Below 104.780 – Invalidation if structure fails Target 1 Zone: 107.000–107.600 – Key retracement and 78.6% cluster PCZ (Potential Completion Zone): 127.2–161.8% BC extension @ 105.402–104.876 Fibonacci Extensions & Key Ratios: BC 127.2%: 105.402 – First PRZ alert BC 161.8%: 104.876 – Extended completion zone AB=CD (Symmetry): Confirmed with nearly equal projection 38.2%–78.6% Retracement: 106.180–107.600 – Major resistance for profit-taking Price Action & Setup: Strong downside correction from B (107.334) to C (104.837) completed with confluence at PCZ. Price is reacting near the 200 EMA and forming a minor reversal wick. ABCD symmetry leg confirms with C leg near equal length projection from A–B. If bullish momentum confirms, a move back toward the retracement zones is expected. Market Sentiment: Market testing the PCZ zone with wicks forming — early buyers showing presence. 200 EMA support coincides with D-leg completion, a common bounce area in structure trades. No major USD flows this week due to holiday impact — JPY and CAD flows dominate. Next Potential Movement: Reversal confirmation from PCZ could send price up into: Target 1: 107.000 (61.8% retracement of BC) Target 2: 107.600 (78.6% extension and previous structure resistance) Invalidation below 104.780 (break of C low) Risk Management: Entry: 105.100–105.200 on confirmation signal (bullish engulfing / hammer / breakout) Stop Loss: Below 104.780 (below structure + fib invalidation) Targets: 107.000 and 107.600 Risk Profile: Tight invalidation, high reward-to-risk structure Conclusion: CADJPY is offering a clean ABC Bullish structure, completing right at the fib confluence and 200 EMA zone. With a solid base at the PCZ and mapped target levels ahead, this setup aligns well with structured traders looking to enter on confirmation. Stay patient, stay disciplined, and trust your patterns.
Long
by TradeChartPatternsLikeThePros
CADJPY BEARISH SETUP💱 CAD/JPY Reversal Watch: Bearish Pressure Builds Below Resistance 4-Hour Candlestick Chart – Analysis as of June 30, 2025 The CAD/JPY pair is showing signs of weakening momentum after repeated failures to break above the key 106.000 resistance level. This suggests growing downside pressure and increased chances of a corrective move in the near term. 🔍 Key Technical Levels 🟥 Current Price: 105.481 🚫 Resistance Zone: Around 106.000 — multiple rejections signal seller dominance 🛡️ Key Support Level: 104.000 — acting as the downside magnet 📉 Downward Arrow: Suggests bearish directional sentiment remains intact 🧠 Technical Interpretation 📌 Price action is forming a lower high, a classic sign of a potential short-term reversal. 📌 Repeated failures near the 106.000 mark highlight resistance strength and declining bullish interest. 📌 A drop below 105.000 could intensify downside momentum, with the 104.000 support as the next major level. 📌 For bulls to regain control, the pair must reclaim 106.000 with solid buying volume.
Short
by traderchamp_
Forex Bank Job: CAD/JPY Profit Extraction Strategy🏦 "Operation Loonie Lift-Off" – CAD/JPY Forex Heist Blueprint! 💰💣 🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 To all fellow Market Bandits & Profit Seekers, 🕶️💸💼 We’ve scoped out our next target – the CAD/JPY vault – and the blueprint is ready. This isn’t just a trade... it's a full-blown Forex infiltration mission based on undercover technical and fundamental recon 🔎📊. 🎯 The Mission Plan: 📍Entry Point – The Vault's Backdoor 💥 Strike at Pullback Zones 1 & 2 → Use 15–30 min timeframe to ambush at recent lows or swings. The best loot lies in waiting – buy limits only! 🛡️Stop Loss – Escape Routes Set SL like a pro thief: Pullback 1 ➤ 104.800 Pullback 2 ➤ 105.600 Base it on your crew’s bankroll and lot size. Always prep a clean getaway. 🏁Target – Secure the Goods Primary loot zone: 106.000 (Or vanish before heat arrives 🚓💨) ⚔️ Scalpers’ Special Ops: Only operate long side. Big wallets = quick hits. Small stacks? Join the swing squad and trail your SL like a shadow 🕶️🔐. 🔥Why This Hit? CAD/JPY is in bullish mood driven by: COT shifts 📈 Sentiment setups 🧠 Macro flow + cross-asset whispers 🔄 🚨 But remember: market conditions flip like fake IDs. Stay alert. 🧠 Final Tips from HQ: 🔕 Avoid new ops during major news drops 💣 Use trailing SLs to lock profits before the sirens go off 💖 Smash that 💥BOOST💥 to fund the next big mission 💼 From the Black Market Desks of the Thief Trading Syndicate™ This ain't your grandpa's trade plan — it's a strategic smash-and-grab with style and smarts. 📡🔐 💬 Drop a comment, hit the like, and recruit more to the crew. 📍See you in the next chart heist. Keep it stealthy, sharp, and profitable. 🤑🚀👊
Long
by Thief_Trader
CADJPY CONTINUING THE BEARISH TREND MARKET STRUCTURECAD/JPY Maintains Bearish Trend Structure – Key Levels to Watch The CAD/JPY pair continues to exhibit a clear bearish market structure, characterized by consistent lower lows and lower highs on the price chart. This pattern confirms sustained selling pressure, suggesting the downtrend remains intact for upcoming trading sessions. Traders should watch for potential downside extensions while monitoring key resistance levels for possible trend reversals. Bearish Confirmation: Lower Lows and Lower Highs The formation of successive lower lows and lower highs demonstrates firm control by bearish traders. This classic downtrend pattern indicates weakening demand for the Canadian dollar against the Japanese yen. Until this structure breaks, the path of least resistance remains downward. Downside Target: 104.900 in Focus If selling momentum persists, CAD/JPY could test the next support level at 104.900. A decisive break below this level may accelerate declines, potentially opening the door for further bearish movement. Traders should watch for price reactions near this zone for potential continuation or consolidation signals. Resistance Zone: 106.250 as Key Barrier On the upside,106.250 stands as a critical resistance level. Any corrective rallies toward this zone could attract fresh selling pressure, reinforcing the bearish outlook. Only a sustained breakout above this resistance would signal a potential trend reversal, shifting momentum in favor of buyers. Market Outlook: Bearish Dominance Expected Given the prevailing price action, CAD/JPY is likely to remain under bearish control. Factors such as commodity price fluctuations (particularly oil, which impacts the CAD) and risk sentiment (influencing the JPY) may further drive the pair’s movement. Conclusion CAD/JPY’s bearish trend remains strong, with 104.900 as the next downside target and 106.250 acting as a key resistance. Traders may consider shorting rallies near resistance with proper risk management, while a break above 106.250 would require reassessment of the bearish bias.
Short
by Brillant_Capital
CAD/JPYSince my ascending triangle formation has violated its characteristics it is no longer valid. I took this opportunity to revisit this pair and start again. I still believe price is operating from the Double Bottom Formation so I'm still looking for price to go up. Here we have 4 touches on our Trendline & A Expanding Flat Formation (highlighted in blue letters). I have entered a position after the 4hr close but im still looking for a retrace for a better position.
Long
by Major_PipsFx
2
CAD/JPY Bearish Trend Analysis – Key Levels to Watch CAD/JPY Bearish Trend Analysis – Key Levels to Watch The CAD/JPY pair is currently moving in a bearish trend structure, indicating a weakening of buying pressure in the market. This suggests that sellers are gaining control, and the pair is likely to remain under downward pressure in the upcoming trading sessions. Traders should prepare for potential further declines unless a significant reversal pattern emerges. Bearish Momentum Signals Downside Risk Recent price action shows that the pair has been struggling to sustain upward movements, with lower highs and lower lows reinforcing the bearish bias. The weakening buying pressure is evident from the lack of strong bullish candles and diminishing volume on upward retracements. This signals that any short-term recoveries may be limited, and the downtrend could resume. Key Support and Resistance Levels - Downside Target: The next major support level to watch is 104.900. If selling momentum accelerates, this level could be tested in the coming sessions. A break below this support may open the door for further declines toward lower psychological levels. - Upside Resistance: On the higher side, 106.150 stands as a critical resistance level. Any bullish retracement toward this zone could attract fresh selling pressure, keeping the bearish structure intact unless convincingly broken. Trading Strategy Considerations - Short Opportunities: Traders may consider short positions on pullbacks toward resistance, particularly near 106.150, with a downside target of 104.900. - Risk Management: A break above 106.150 could invalidate the bearish outlook, signaling a possible trend reversal or consolidation. In such a scenario, stops should be adjusted accordingly. Conclusion The CAD/JPY pair remains bearish, with 104.900 as the next key downside target. Resistance at 106.150 is crucial for maintaining the downtrend. Traders should monitor price action around these levels for confirmation of continued bearish momentum or a potential reversal. Stay cautious and trade with disciplined risk management.
Short
by Brillant_Capital
CADJPY - Looking To Sell Pullbacks In The Short TermM15 - Strong bearish move. No opposite signs. Currently it looks like a pullback is happening. Expecting bearish continuation until the two Fibonacci resistance zones hold. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 --------------------------------------------------------------------------------------------------------------------
Short
by VladimirRibakov
#CADJPY:1700+ PIPS Swing Concept On The Way,Three Profit TargetsJPY initiated a bearish trend and anticipates a rapid reversal in all JPY pairs, such as CADJPY. We expect a significant swing move, potentially reaching 2000+ pips in the long term. Additionally, we have set three targets based on our analysis, which can aid in identifying potential trade opportunities. Good luck and trade safely. Good luck and trade safely. Thanks for your support! 😊 If you want to help us out, here are a few things you can do: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️🚀
Long
by Setupsfx_
20