Trade Recap - New York / Asia - CADJPY, JP225CADJPY Daily Breakout Continuation Setup JP225 Weekly Breakout Continuation Setup08:31by nohypetrader2
CADJPYCADJPY price is near the support zone. 113.559-113.216 If the price cannot break through the 113.216 level, it is expected that in the short term there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea! *Always follow your trading plan regarding entry, risk managementLongby Serana23247
CADJPY - Following The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 CADJPY has been overall bullish , trading within the rising channel marked in red. Currently, CADJPY is undergoing a correction phase. Moreover, it is retesting massive support zone in green. 🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower blue/red trendlines acting as non-horizontal support. 📚 As per my trading style: As #CADJPY approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~RichLongby TheSignalyst229
CADJPY ShortDaily Bias Bearish Fundamental Analysis CAD Bearish JPY Bullish Price Action: Price retrace back into Daily S/R Level. Price consolidated in the Daily S/R level. Price broke below H1 S/R level and H1 trendline and create a lower low. This has give an confirmation of bearish movement. Confluence: Higher TF (W/D/H4) - Daily S/R level retested and rejected Lower TF (H1/M30/M15) - Rising wedge pattern and H&S pattern were formed, price broke below both pattern to create a lower low. Set up: Short trade at H&S neckline (H1 SR level). SL above H&S swing high. TP Targeting next Daily swing low R:R 1:4.Shortby royschen071
Heading into 38.2% Fibonacci resistance?CAD/JPY is rising towards the pivot and could potentially reverse from this level to the 1st support. Pivot: 115.50 1st Support: 113.82 1st Resistance: 116.23 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.Shortby ICmarkets6
CadJPY long4 hour support has been tested. 0ne day tf still searching resistance. Looking long here. CheersLongby Fx_Stuns0
CADJPY Bearish ContinuationThe current price is at the 0.618 retracement level and also at the upper trendline. We predict that the price will continue to decline until it reaches its major support level. TP: 113.279 (+2) SL: 115.529 (75 pips)Shortby Rich_From_Home2
buy on CADJPYwe have a falling wedge forming on the structure of the pair and a descending channel forming on resistance then a continuation pattern (arch symmetrical triangle) forming to confirm the push to the upsideLongby willio0
CADJPY : ANOTHER BEARISH BREAKOUT- Similarly to our previous analysis on USDJPY, the CADJPY pair has been trading above a bullish trend line for 7 months ; the mid-term trend was bullish. - Since the impact around 118.85, the market has registered a sharp pull-back that first led prices back to their bullish trend line around the 23.6% Fibonacci support above 115.385, before a bearish break-out occurred. This bearish break-out was initially anticipated by the RSI indicator, which took place following a bearish divergence inside the overbought zone. Both moving averages are now reversing to the downside, but a bearish is cross is still yet to be seen. - Just like the current situation seen on the USDJPY pair, it is hard to say whether the current correction will go much deeper or not. However, 113.25 (38.2%) and 111.50 (50%) should be seen as interesting targets for this bearish movement. Pierre Veyret, Technical Analyst at ActivTrades The information provided does not constitute investment research. The material has no been prepared in accordance with the legal requirements designed to promote the independence of investment research and such is to be considered to be a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.Shortby ActivTrades3
Buying CADJPYI will be taking a quick scalp on CJ. My over all bias is bullish but i expect a sweep of liquidity resting below before a push to the upside. I will be monitoring the movement of the market to see an changesLongby Romzy_ngUpdated 0
Cadpjpy sellPrice is at a previous low that was broken by bearish candle . Currently retesting same area as resistance / support into resistance Quarter point to quarter point for Take profit Shortby projectiwill0
Heading into 38.2% Fibonacci resistance?CAD/JPY is rising towards the resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 115.51 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 116.29 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Take profit: 113.80 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets4
CADJPY 15-Minute ChartThe red highlighted area at the top indicates a resistance zone where the price has repeatedly failed to break higher. This suggests strong selling pressure at this level. The recent price action shows a potential bearish trend. Given the repeated failure to break above the resistance zone and the projected downward movement, market sentiment appears bearish for CADJPY in the short term. Consider entering a short position around the current price level or upon confirmation of a downward move from the resistance zone. Targets would be the support levels at 114.708 and 114.098. Ensure proper risk management by sizing the position appropriately and setting stop losses.Shortby TopGBanks0
CADJPY is BearishPrice has broken the trendline, and is consistently printing lower highs and lower lows, with no divergence on RSI the trend is likely to continue as per Dow theory. Targets are mentioned on the chart. Shortby Fahad-Rafique0
Sell CAD/JPY Breakout PatternThe CAD/JPY pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Bearish Pennant Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Pattern After Confirmation. Ideally, This Would Be Around 115.70 Target Levels: 1st Support – 114.65 2nd Support – 114.12 Stop-Loss: To manage risk, place a stop-loss order above 116.10. This helps limit potential losses if the price falls back unexpectedly. Thank you. Shortby KABHI_FOREX_TRADINGUpdated 101023
Reacting off pullback support?CAD/JPY is reacting off the support level which is a pullback support that lines up with the 127.2% Fibonacci extension and could bounce from this level to our take profit. Entry: 115.53 Why we like it: There is a pullback support that lines up with the 127.2% Fibonacci extension. Stop loss: 114.92 Why we like it: There is a pullback support that lines up with the 161.8% Fibonacci extension. Take profit: 116.97 Why we like it: There is an overlap resistance level which is slightly above the 38.2% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets7
Text Book Chart Pattern .....Reversal Descending Channel.This pair has been bearish for the past days and has provided us with a reversal chart pattern. That might be showing a turn in the market trend. WE already looking for buying opportunities to capitalize on.Longby MTF_Institution2
Tips And Tricks On How To Trade Fibonacci ToolThe Fib Tool Is Crucial For My Strategy and i will show u how to use correctly to guarantee ur trade will hit TP instead of SL. 1- i choose 61% - 71% - 78% fib level. 2- i wait for the price to be between 61% and 71% to enter a trade and waiting for a good price action will be extra good. 3- to put ur sl it needs to be above 78% fib level at least 30 pips. 4- ur tp can be areound -27% and -61% fib level. Educationby Forex_Wealth_Factory6
CADJPY Short Term Sell IdeaH4 - Bearish convergence Currently it looks like a pullback is happening. H1 - Bearish trend pattern followed by a pullback Until the strong resistance zone holds I expect the price to move lower further in the short term.Shortby VladimirRibakov441
CADJPY Buys. Opportunity: CADJPY Buys. My parameters are on the chart. I see this pair retesting a demand zone on a horizontal support level, which also turned out to be a major turn level on higher time frames. I will be taking buys from that level with a very tight stoploss.by puzzledperson28060
CAD/JPY LONG FROM SUPPORT Hello, Friends! The BB lower band is nearby so CAD-JPY is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 117.504. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 111
CADJPY - 4hrs ( Buy Trade Target Range 200 PIP ) Pair Name : CAD/JPY Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Reversal 115.200 Area Reasons - Major Turn level - VIsible range Hvn - Pattern Target - Quarters Area - Trend Line Area - Choch / D Bearish Reversal 117.600 Area reasons - Major Choch Zone - Visible range hvn - Counter Trend - Mjaor Channel Upper band - weekly Hvn - Fbio Golden Zone Longby GoldenEngine10
CADJPY Bank Bearish Money Heist PlanMy Dear Robbers / Traders, This is our master plan to Heist CADJPY Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing High using 4h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.Shortby Thief_TraderUpdated 3