CADJPY BUY Position BUY Position Triangle log size EN: 109.610 TP1: 109.900 TP2: 110.70 SL: 109.369 The analysis is on a 15-minute time frame. This is a personal opinion and you are responsible for your own profits and losses.Longby mansourchamaniUpdated 0
CAD/JPY BEST PLACE TO BUY FROM|LONG Hello, Friends! CAD/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 5H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 109.618 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 112
CAD/JPY Bullish Analysis: Targeting Key Untested Levels Bullish Outlook Supported by Trendline, Support, and Resistance Levels The CAD/JPY pair has shown a strong bullish pattern. The price has touched the trendline for the third time, confirming its validity. Additionally, it has broken above the yellow resistance level and is currently retesting it, signaling a continuation of the upward momentum. From a daily structural perspective, there are untested levels at 111.448 and 113.154 that the market is likely to revisit in the coming sessions. Key Takeaways: Trendline Validation: The price has respected the trendline for the third time, reinforcing its significance. Retest in Progress: The yellow resistance level, now acting as support, is being retested for confirmation. Target Levels: The market is expected to move toward the untested zones of 111.448 and 113.154. Risk Management Tips: Always apply proper risk management strategies. Risk no more than 1% of your total portfolio on a single trade. Ensure every trade is accompanied by a stop-loss to mitigate potential losses. Disclaimer: This analysis is for educational purposes only. Make informed trading decisions and trade responsibly. #BTCUSD #CADJPY #EURUSD #GBPUSDLongby VENRAW114
CAD/JPY - Bullish ContinuationFX:CADJPY has been experiencing a bullish trend and I am expecting this to continue. This is evidenced by simple price action on 4 hr and printing of higher highs and higher lows!Longby Tempo_Trades116
CADJPY HITS TP 1I dropped this analysis on December 12th, 2024. Take Profit 1 achieved as predicted. Will Price Get To The renegotiation Resistance for take profit 2? lets watch as it plays out! Trading System (PRORARP) is power!Longby Akpambang1
Continuation of uptrend to the Supply zoneAs we can see the market was in a downtrend before forming double bottom. Change of Character occurred and the price gave us a new Higher high and Support, which was tested 3 times This means we might have buyers on the support that might push the price up again(continuing the uptrend to the Supply zone), H1 for candle confirmation of buyers.Longby StarleXtheTrader3
CAD/JPY - 1hr ( Sell IntraDay Target Range 100 PIP )Analysis of CAD/JPY on the 1-Hour Chart: A Bearish Perspective The CAD/JPY currency pair presents a compelling case for bearish sentiment, particularly when analyzed through the lens of the 4-hour chart. This analysis focuses on a significant breakout level, identified at 109.800, which serves as a crucial pivot point for traders operating within a large-scale framework. Upon reaching the 109.800 level, the market exhibited a notable bearish breakout, characterized by a surge in trading volume. This high volume serves as a confirmation of the breakout's validity, suggesting a strong consensus among market participants regarding the potential for further downward movement. The implications of this breakout are profound, as it signals a shift in market sentiment, favoring sellers over buyers. ☑Bearish After Break Out key level + High Volume / 109.800 Point Bearish Target 75 : 150 PIP 🛡 Break Out DoneShortby GentleGoldenEngine2232
POSSIBLE SELL OPPORTUNITY ON CADJPYPrice showing signs of strong momentum. We look for the pullback to take the trade.Shortby MauriceRox0
CADJPY: Bullish Forecast & Bullish Scenario The analysis of the CADJPY chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals111
CADJPY Bullish 2 HrA bullish ride seems continuing after NFP. Another 2.5 R on the run. Longby noumannaseer1
CADJPY short bearish push expecting OANDA:CADJPY short bearish push expecting here, analysis is based on DESCENDING TRIANGLE SUP zone: 110.100 RES zone: 109.000, 108.800Shortby DepaTradingUpdated 0
CadJpy Trade IdeaCJ was in a clean range before deciding to break to the upside where I was looking to get into longs. With price coming back down below the high and smaller time frames shifting we could expect price to retest the shift of structure and a level or resistance sitting at the previous high. If all goes well I'll be looking to get into some shorts with a 1:3rr. We'll see what happens.Shortby OfficialJ231
CADJPY Long1)Trend defined. 4h Uprend. 2)Contradictory limit order entry. Just at the upper extreme of the previous resistance zone. 3)Default loss. A bit lower than the zone. 4)Default target level. 5.04. 5)Risk <= 3%. 6)Singular trade. 7)Trades placed today <= 5.Longby koumkouatUpdated 0
CADJPY BUY IDEAOANDA:CADJPY Overall bias on CADJPY is bullish, looking for a 1H and/or a 4H bullish engulfing candlestick at the Weekly Area of Interest (AOI) to go long on CADJPYLongby The_Pip_Trader1
CADJPY_1D_SellCanadian dollar to Japanese yen exchange rate analysis Medium and long term time Elliott wave analysis style The market is forming a large ABC correction pattern that can be at the ceiling of wave B and enter a falling wave as wave C by maintaining the resistance of 110,000. First support ahead 108.250 The final support and target number is 105,000Shortby Elliottwaveofficial114
CADJPY Swing Trade Idea Cadjpy bullish continuation movement idea Note: A trade idea ; Not a signal Longby CEESAY050
CAD/JPY 4-Hour Timeframe AnalysisCAD/JPY 4-Hour Timeframe Analysis Trend Analysis: On the 4-hour chart, CAD/JPY is in a clear uptrend, breaking through previous minor resistance at 108.600, which has now become a major key support level. This is supported by the formation of a 4-bottom pattern, indicating increased buyer pressure. The price has tested this support level multiple times, signaling stronger support and the potential for a reversal to the upside. After breaking the resistance at 109.800, the price moved upward, but then began consolidating as large buyer orders were accumulated, suggesting a potential breakout. Price Action Expectation: Our objective is to wait for the price to form liquidity within the identified liquidity zone. If the price breaks above the minor resistance again, confirming continuation, we’ll enter a buy position. A break above 110.020 will signal further bullish momentum, and we will look for an opportunity to buy. Fundamental Correlation: CAD Unemployment Rate: Tomorrow’s Canadian Unemployment Rate is scheduled for release, with the previous data at 6.8% and the forecast at 6.9%. Impact on CAD: If the data comes in worse than expected (e.g., a higher unemployment rate), this could weaken the CAD, potentially delaying the bullish setup or causing a retracement in the price. Conversely, A stronger-than-expected result (below the forecast of 6.9%) could lead to CAD strength, reinforcing the bullish outlook for CAD/JPY. A lower unemployment rate signals a strong labor market, which could push the CAD higher as traders price in potential economic growth. Trade Setup: Trade Type: Buy Stop (Breakout Trade) Entry: 110.020 (on confirmation of a break above resistance) Stop Loss: 109.470 (below the support zone to allow for pullbacks) Take Profit: 111.420 (next significant resistance level) Conclusion: CAD/JPY is showing strong bullish momentum after breaking the key resistance at 109.800. The current setup suggests that once liquidity is established and the price breaks above 110.020, there could be a continuation to the upside. The next target is 111.420, a significant resistance level. The upcoming CAD Unemployment Rate release is critical; if the data comes in stronger than expected, it could accelerate the bullish momentum, supporting our setup. However, a disappointing result could weaken the CAD and halt the upward movement. Risk Management: Maintain a disciplined approach with a 1:2 risk-to-reward ratio. Position sizes should align with your account equity. Monitor the CAD Unemployment Rate release and adjust your trade accordingly. It's crucial to be aware of any volatility following the data release, which could impact price movements.Longby RebornFXTrader1
Cad/Jpy Sell IdeaCadjpy is in a downtrend on the day chart with the long term trend. You can see its under the 200 area... Then we had a pullback to the 786... So now i expect a long swing down. Im trading with 3 small trades... This idea is based upon a long term downtrend, and a fib retracement good luckShortby RlcTrading1
CAD_JPY RISKY LONG| ✅CAD_JPY is trading in an Uptrend and the pair is now Consolidating above the Horizontal support level Of 109.900 so we are bullish Biased and we will be Expecting a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx113
CAD-JPY Will Go UP! Buy! Hello,Traders! CAD-JPY is trading in an Uptrend and the pair made a Bullish breakout of the key Horizontal level of 109.800 And we are now seeing a Local correction but we Are locally bullish biased And we will be expecting A further bullish move up Buy! Comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals225
CadJpy Trade IdeaI sent out a CJ set up yesterday stating CJ being bearish and how I was personally looking for shorts even though longs were possible. With CJ failing to stay within the range for potential shorts I've decided to go long once price broke above the recent high with a retest leaving a solid bullish engulfing candle. Looking for a 1:3rr on this set up. The weekly is bullish breaking above the range while breaking bearish structures so we'll see if price can maintain above the range. We may even expect price to tap back into 111.470 if all goes well. Longby OfficialJ23Updated 0