CADJPY IDEA.I entered a long position. I believe we are still in a weekly uptrend. Just hit my tp1 50 pips in pocket.... ;)
CADJPY trade ideas
CADJPY trend line break out (chart of the day)
CADJPY showed a nice jump after upbeat Canadian GDP data. It hits a high of 108.80 and is currently trading around 107.99.
The economy rose to 0.50% y/y in Q1 in line with expectations from Q1 0.40%. the yearly GDP grew 2.1% in the Q2 ,well above estimate of 1.6%.
Technicals-
The pair trades above 34- and 55 EMA in the hourly chart.
The near-term resistance is around 108, a breach above targets 108.80/109.20/110. The immediate support is at 107.65, any violation below will drag the pair to 107.20/109.90.
Indicator (hourly chart)
CCI (14)- Bullish
CCI (50)- Bullish
Average directional movement Index- bullish. All indicators confirms bullish trend .
It is good to buy on dips around 107.97-108 with SL around 107.48 for a TP of 108.80/109.25.
CADJPY Massive Short! SELL!
My dear subscribers,
CADJPY looks like it will make a good move, and here are the details:
The market is trading on 107.78 pivot level.
Bias - Bearish
My Stop Loss - 108.06
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probableBearish continuation.
Target - 103.30
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
potential 500pip in colored zoneThis Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView
CADJPY BUY TF H4 TP = 116.34 On the H4 chart the trend started on Aug. 02 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 116.34
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
CAD/JPY H1 Short the "Head & Shoulders"Sell Entry @ 106.591
S/L @ 107.894
T/P1 @ 105.256
T/P2 @ 103.956
R.R.R. @ 1/2
H&S formation is completed and the breakout of dynamic trendline has occur.
Lets sit on our hands and wait !!!
CADJPY - 4hrs ( Buy Trade Target Range 240 : 500 PIP ) Pair Name : CAD/JPY
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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We seek to spread understanding rather than make money
Key Technical / Direction ( Long )
Type : Mid Term Swing
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Bullish Break
107.900 Area
Reasons
- Major Turn level / W
- Visible Range Poc
- inner Trend Break
- Counter Break
- Inner Choch
- Fixed Poc Area
- Fibo Golden
Bearish Reversal
110.500 Area
Profit taking Area
Bearish Reversal
115.500
Profit Taking Area
CAD/JPY - Awaiting Symmetric Triangle Breakout
Symmetric Triangle formation observed.
Possible breakout on either side.
Key resistance at 108.84 and 112.08.
Supports to watch at 106.20 and 104.22.
CADJPY TRADE IDEA
✅Pair Name: CADJPY
✔ Classic RANGING formation
CADJPY is holding CONSOLIDATION ZONE . CADJPY is now in the range, so we have to wait for the market to retrace in the direction of the break.so after market retracement I can take buy OR Sell entry. If your analysis matches it take a trade otherwise skip the trade.
"💖 Show your love by liking & leaving a comment! Your support means the world to us! 💖"
CADJPY - In Bearish TrendCADJPY is in Bearish trend. Entry is clearly mentioned on chart with tp & SL.
CADJPY1.CADJPY has been on an uptrend for a while now.
2.The price was forming higher highs and higher lows on the uptrend move.
3.The price then managed to react from an H1 ORDER BLOCK.
4.We then waited for the price to react on an M15 time as way to getting an early entry point.
5.The M15 market structure has been broken as indicated from the above chat.
6.We then waited for the price to return back to the M15OB that caused the market structure break.
7.The price managed to return back to the M15 OB.
8.We SELL CADJPY
Buy CADJPYthere is channel that has formed, the price has been in consolidation for a long time, there is gonna be a breakout, retest and a pefect opportunity to go long, dont miss it
my outlook on cadjpy from 3M TIME FRAME TO DAILY time frameCJ has just broke the major support that held the market as a bullish trade ,on higher time frames cadjpy has retraiced at fib 88 of the prev hh on 3m tf, the market has significantly form new lows regarding breaking of the structure ..on my view ill be waiting for retaivement at fib 78..having a bearish trade
CADJPY Possible Short Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - Entry in MAHI
Note:
* Cancel trade or cut-loss when candle close Above MAHI (2 Green 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
CADJPY LONG UNTIL BUY MONTHLYFrom 4h take long to "BM" and in 6 week it will reach top "Sell Weekly"
Selling CADJPYHello traders!! I've been looking forward to buy JPY for a while now and I think now is finally the time. Let's dive deep
This trade is based on the continuation of this downtrend
This is not my first time taking this trade, I took it before but it ended up hitting my trail SL.
We have been struggling to break this trendline but I think now it is time. Please traders be careful of the fakeouts.
Even when we look at our EMA we can se that the market has been in a range for quite some time now.
CADJPY "Loonie yen" Bank Bearish Robbery Plan on Short sideOla Hola 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 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
CADJPY1.CADJPY is reacted off of the support and resistance trendline.
2.We have managed to identify the last reaction as it is inline with the supply zone of the previoud Lower High.
3.We placed our Sells, hopping that the price will drop.
4.We Sell CADJPY
SELL ON CADJPYgood sell opportunity for this week on CADJPY 107.451 down towards 105.00 before a new BUYING trends form.
