CADJPY trade ideas
CADJPY - Potential buying opportunity in sightOANDA:CADJPY is trading near a clear support level that triggered bullish reversals in the past. The recent bearish move into this area creates a potential opportunity for buyers to regain control.
If bullish confirmation appears, such as increased buying volume or candlestick reversal patterns, I expect the price to move toward 105.550. On the other hand though, a break below this support would weaken the bullish scenario and suggest further downside.
Just my take on support and resistance zones—not financial advice.
Best of luck in the markets.
#020 Trust The Process CADJPY Buy 1514SGT 24022025Buying CADJPY.
I need to stop trading. I need to go brush my teeth, take a shower, rest abit, go work alittle and then go for lion dance training.
This is my second time going back for training after 13 years or so, of non-participation.
1515SGT 24022025
CADJPY SELL TRADE PLAN🔹 Conservative, High R/R Entry (BEST INSTITUTIONAL ENTRY)
📌 Sell from 106.50-107.00
📌 SL: 107.50
📌 TPs: 105.00, 104.50, 103.00
📌 More refined & avoids early stop hunts.
🔹 Aggressive Entry (Still Valid, But Riskier)
📌 Sell from 106.00
📌 SL: 106.50
📌 TPs: 104.50, 103.50, 102.50
📌 Only valid IF strong rejection occurs.
Final Decision – What’s the Best Trade?
✅ If price reaches 106.50-107.00 → That’s the best place to sell.
✅ If price rejects HARD from 106.00 → A lower risk entry is possible.
🚀 This is how Smart Money trades – always waiting for premium price before selling!
CADJPY CADJPY also the same thing but just lookin for price to travel a little further up to it's zone. All timeframes in sync, price is also currently at a point where it could soon give a entry around here just waiting on lower timeframes to enter. Just looking for price to move slightly back into the zone so we can hopefully see moves downward
CAD/JPY SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
CAD-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 108.562 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the CAD/JPY pair.
✅LIKE AND COMMENT MY IDEAS✅
CAD/JPY - We reached a very strong bottom , time to go up?Hi guys , we would be looking into CAD/JPY as our next trade, currently the market has reached a solid bottom around the 105 area.
As of February 24, 2025, the CAD/JPY currency pair is exhibiting signs of potential bullish momentum. Recent technical analyses suggest that the pair may experience an upward movement in the near term.
Technical Indicators Supporting a Bullish Outlook:
Trendline Support and Demand Zone: On the 3-hour timeframe, CAD/JPY has retraced towards a demand zone at the base of a previous bullish breakout. This zone coincides with a 76% Fibonacci retracement level and is reinforced by a trendline support, indicating a potential bounce and continuation of the upward impulse.
FBS
Bullish Divergence Pattern: A bullish divergence pattern has been identified on the 30-minute chart, suggesting potential strengthening of CAD/JPY. As long as the price remains above the 106.86 level, there is potential for the pair to rise towards 107.09, with further targets at 107.50 and 107.85 if momentum persists.
INSTAFOREX
In summary, the combination of supportive technical indicators and chart patterns suggests a favorable outlook for CAD/JPY. Traders may consider looking for buying opportunities, with potential targets at 107.09, 107.50, and 107.85, while monitoring key support levels to manage risk effectively.
Entry: 105.270
Target 107.800
SL: 104.200
R/R - 2.85!
Will Japanese Yen get stronger?CAD/JPY - The performance of the pair the last week is -2.53% last month -3.60% and the last three months -5.12%. 12.2.2025 - 13.2.2025 price hit at SMA 30 CLOSE and fall more than 3% in range. On Friday 21.2.2025 price close bellow our last demand zone. We can expect Japanese Yen get stronger the next days and price fall to the demand zone of 13.9.2024 - 18.9.2024 and even lower at the lowest of 5.8.2024