CADJPY HEADING DOWNAs we can see that Evening start pattern has been formed at the resistance trendline with the confluence of resistance in CADJPY on Daily timeframe so it is a high probability swing trade.
Target - 109
CADJPY trade ideas
CAD/JPY SHORT FROM RESISTANCE
Hello,Friends!
Bearish trend on CAD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 110.959.
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CADJPY-SELL strategy 4-hourly chartAs mentioned yesterday, the pair is posed to move lower, and likely we may see 110.80 area.
For now, stochastic negative. and we broke GANN support, hence we are en rou8te south.
Strategy SELL @ 111.78-111.90 and place SL above 112.27, or keep yesterday strategy in tact. Profit order @ 111.07.
CADJPY - IN BULLISH TRENDIt continues to print higher high and higher lows and is in Bullish trend in the short to medium term.
CADJPY IS MAKING DOUBLE TOP CADJPY is making double top with bearish divergence clearly indicate reversal my trade plan mention in chart
CAD/JPY ShortCAD/JPY Short
Minimum entry requirements:
• 1H impulse down below most recent low.
• If 3 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
CADJPY-SELL strategy 4-hourly chartThe pair had strong run-up and now I feel we may be slightly over done. GANN support @ 111.55 area.
I suspect movement back towards early 110.00s.
Strategy SELL current @ 112.10-112.30 and place SL above 112.90 and take profit @ 110.67.
CADJPY: Possible 300 PIPS Selling Opportunity! Dear Traders,
There is a good possibility that we can expect short term selling opportunity on CADJPY; saw some bullish exhaustion and price dropped created change of character. Though the price has risen up sharply to previous high, we still expect price to reject from the area around previous high. With 60 pips stop loss the setup idea look reasonable to take risk with 350 pips in take profit. Good Luck and Trade Safe.
#CADJPY: Major Swing Selling Opportunity, 300 Pips Expected! Dear Traders,
Cadjpy was extremely bullish in January since Yen plummeted to record low, making it easier for all jpy pairs to rise to the new level. However, since february Yen has started to recover and it is expected to remain bullish for entire march.
Right now, We are looking at price to come to our area of entry and reject it from there, with possible 300 pips selling opportunity can be targeted. Using of Accurate Risk Management is advisable and protect your capital at all time. Only take this idea as your bias.
Good Luck and Trade Safe!
CADJPY, Failled breakout?CADJPY / 1D
Hello traders, welcome back to another market breakdown.
CADJPY has made a large leg down, which might result in a second leg down. The price is back to a Major key Level. I'm looking for a reversal pattern here.
Trade safely,
Trader Leo.
Yen Alignment (Sell) Looking to sell the JPN225 and CADJPY pair from nearby levels. USDJPY is also a viable sell here, but I will not be taking this as I do not want to be overexposed on Yen buys.
Multiple Yen pairs are currently aligned to sell being CADJPY, USDJPY and JPN225. This makes this one I cannot miss.
How it is played is I will be splitting my normal risk between the two pairs. 1% to CADJPY and 1% to JPN225.
Confluences:
Yen cross alignment 2+ pairs
KL (Key levels)
CADJPY Monthly Trendline area.
CADJPY SL: 40 pips
CADJPY TP1: 1:2
JPN225 SL: 180 points
JPN225 TP1: 1:2
CADJPYCADJPY has changed its Character from Bullish to Bearish you can take entry for short with risk to reward 1:2
CADJPY - Bullish Trend in 4h Time FrameCADJPY in Bullish Trend in 4h Time Frame.
Printing multiple Higher Highs and Higher Lows.
Entry : 111.197
SL : 110.500
TP-1 : 112.247
TP-2 : 113.166
CADJPY BUllish at 30 mins TF"The CAD/JPY pair is showing a clear bullish trend today, backed by both technical and fundamental analysis. From a technical standpoint, we've seen a decisive break above the resistance level at 111.421, which has now turned into a supportive floor. This breakout suggests that buyers are in control and are propelling the price upwards. Additionally, indicators like moving averages, volume, and oscillators support this bullish momentum. On the fundamental side, positive economic data from Canada, particularly strong GDP growth and supportive policies from the Bank of Canada, are bolstering the Canadian dollar against the Japanese yen. Furthermore, rising commodity prices, particularly crude oil, benefit the Canadian economy and its currency. Meanwhile, shifts in global risk sentiment and central bank policies also play a role, with any divergence in monetary policy between the Bank of Canada and the Bank of Japan influencing the exchange rate. Taking all of this into account, it's evident that the CAD/JPY pair is on a bullish trajectory today."
CADJPY in Bullish Trend CADJPY is in uptrend if its break its all it's HH so we enter in and ride to the first given tp
cadjpy looks like tumbling downThere is a markets structure shift for the downside looking to target 110.57 level , using ICT concept of premium and discount &liquidity
CADJPY in Bullish TrendCADJPY is trending Bullish trend in the IH time frame and printing higher high and higher low
CAD/JPY: corrective structure in play?Hi Traders!
Important Tops were reached in the short term and we cannot exclude the completion of the bullish cycle, having said this, it could be interesting to continue following the pair on the intraday chart, because something like a corrective structure seems to appear. As we showed on the 1H chart, if there is a deep pullback or if the bearish corrective structure is close to completion, the technical target still remains bullish, around 111.25. In conclusion, we can consider this phase as a consolidation of the ongoing bullish trend.
Trade with care
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CADJPY Buy !!Price is currently trading within an ascending parallel channel . Despite price's eagerness to move up , the price is more likely to go down till 110.380 support zone and exoperience a pullback from there till the next Target of 111.179. I'll wait for a pullback and wait for a clear sign from price action before entering a long position . The analysis is in accordance with the 16H strategy !!
CADJPY H4 POSSIBLE SELL SET UPCADJPY H4. Anticipating a price fall from a bearish confluence between 111.991 and 111.628
