#CAD #JPY Short Set UpLooks like a rising wedge with bearish divergence on 1H TF. Looking to Short at the break of 110.998
Entry 110.998
Stoploss 111.205
TP-1 110.793
TP-2 110.588
CADJPY trade ideas
CADJPY Bullish AB=CD Setup at 0.776CADJPY is showing strong bullish potential as it approaches the key 0.776 level, where an AB=CD pattern is forming. On 30 minutes we can also see a bullish divergence that can be one more confluence.
Possible Trade for CAD/JPYMy point of view is one more leg down to complete ABC, then up again to 1.41 to 1.618 area
cadjpy shortcadjpy is at the 0.5 fib retracemnet of its last bearish really so we make the short order instant sell and place our sl above the fib 0.786... and hope the trade will go accordingly inshallhaa
Gbpjpy for buy.Price broke out of a major resistance zone, retested it and formed a falling wedge pattern, broke it and retested the major support zone.
CAD-JPY Long From Support! Buy!
Hello,Traders!
CAD-JPY is falling down
Now but the pair will soon
Hit a horizontal support
Of 109.101 from where
A local bullish rebound
Is to be expected
Sell!
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CADJPY Will Collapse! SELL!
My dear followers,
This is my opinion on the CADJPY next move:
The asset is approaching an important pivot point 110.86
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 110.00
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
CADJPY might display weaknessThe Canadian dollar might display weakness against the Japanese Yen.
Yields of 30-year bonds of Canada were pushed higher after the stronger than expected inflation print in October, and the situation has been temporarily bullish for CADJPY, but Yen remains to stay either a safe haven amid geopoliitcal uncertainty and a higher yield currency at the same time.
So, CADJPY might follow the track of it's peers (EURJPY, GBPJPY) and slide deeper as shown at the chart. The trade location is potentially interesting for shorts.
Remember - that's not a trading advice, always DYOR and manage your risk!
cadjpy test support zonecadjpy is trading ar support zone if price break support it will bearish and if price bounce back from support it will go bullish
CADJPYit's been in a strong uptrend, it's a bit late to enter a trade here, but if it pulls back to the consolidation of the v-formation neck, I'll open a long.
CADJPY - BEARISH TRADEPrice moving in bullish trend formed bearsih divergence with double top reversal pattern.
It indicates trend reverse to declining phase.
If price crosses down neckline, sellers will remain in control.
cadjpy sell
H4 there is a bullish channel and a double top
H1 the structure is bearish and the 21 ema is about to cross the 50 ema
M15 fibs reject 61.8 and the tp at 127 and the last floors of H1
CADJPY Breakdown Following Structural FailureHey Guys,
Today, we are trading the CADJPY live. Earlier this week, I highlighted 110.48 as a critical level to monitor, as it marks the reset point (Structure 4) of the last completed H1 bearish wave structure.
Key levels of interest for further downside movement:
109.56
109.06
Midweek Portfolio Selection: Weekly & Daily CSI AnalysisJoin me for the Midweek Portfolio Selection, where we analyse the Weekly and Daily Currency Strength Index (CSI) to identify shifts in the currency landscape. This process helps refine our trading bias to stay aligned with market dynamics.
In this episode, we’ve observed notable changes, particularly in the AUD and USD.
Key Highlights:
Buy Pairs: AUD, CAD, JPY, CHF, USD
Sell Pairs: EUR, GBP, NZD
Combining these buy and sell pairs increases the probability of capturing strong directional movements in the forex market.
If you find this video helpful, please give it a thumbs up and share your thoughts in the comments.
Wishing you a successful trading week!
Happy Trading!
Fundamentals 11/19/2024Hello,
Today, we reviewed our fundamental news information. Although all the information has not yet been released, we were able to gain some insight into how our larger player may impact the market. With that said, I would like to express my gratitude to all of you for taking the time to join us again. The fundamentals as of this current moment have provided us with some insight into the euro pairs, the US dollar pairs, and the Canadian dollar.
However, we have received some new information that we will have to review in the following video. It appears that this information has brought some volatility to the market, which is favorable for us. Therefore, we must be patient while this volatility runs its course in the market. As of now, a trade opportunity is developing.
thank you,
CAD/JPY BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are now examining the CAD/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 111.487 level.
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CADJPY, Breakout of Bullish ChannelBullish Channel Breakout
New low Formed
Currently Breakout Retest
Rejection seen on candle sticks
possible further bearish activity
sell @ cmp
stoploss above trendline resistance
TP towards 1:1
CADJPYwith the recent market structure shift, cadjpy is expected tp continue it bearish momentum after a pullback to the last demand zone
CADJPY Will Grow! Long!
Take a look at our analysis for CADJPY.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 109.494.
The above observations make me that the market will inevitably achieve 110.050 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
CADJPY - BUYIgnore this if you need trades to be done within hours or days. Stay if you can sit on your hands and wait patiently.
Long-term buy target at 111.359. You'll gain interest as well (swap).
I have several positions aiming for this price.
Correction is due at this level!
CADJPY RISKY LONG SCALPExecute the price at the exact price mentioned, NO FOMO.
💡KEEP IN MIND💡
I am not a financial advisor and do not contribute to any of your losses or profits. To be safe, I recommend that you risk only 0.1 - 0.2% for the first week or 10 days, as no one can predict the market.
🚀Follow, I will drop daily 2-5 Intraday Charts🚀
CADJPY - Retest after a failed breakout??
It has been consolidated few days, tried to breakout but failed.
Retest it before the news tomorrow.
I trade this as intra-day. Never hold it overnight.
CADJPY Possible Long Position BBMA OA ReEntry Zone Zero Loss1H - Re-Entry
15m- 50 EMA Rejection + Bollinger Band
Rejection
5m - CSAK + Entry in MALO
Note:
* Cancel trade or cut-loss when candle close Below MAHI (2 Red Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
