CAD/JPY AnalysisCAD/JPY technically breaks the Symmetrical triangle and from this scenario I am planning a long position in it
OANDA:CADJPY
JPYCAD trade ideas
CAD/JPY "Canadian vs Japanese" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the CAD/JPY "Canadian vs Japanese" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 Be wealthy and safe trade.💪🏆🎉
Entry 📉 : Traders & Thieves with New Entry A bull trade can be initiated at any price level.
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 2h period, the recent / nearest high level
Goal 🎯: 105.500 (OR) Before escape in the market
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Fundamental Outlook 📰🗞️
Based on the factors mentioned, we anticipate the CAD/JPY currency pair to exhibit a BEARISH direction
🔴Macroeconomic Factors
1. Interest Rate Divergence: The Bank of Canada's (BoC) and the Bank of Japan's (BoJ) monetary policy decisions, including interest rate changes and quantitative easing.
2. Global Economic Trends: The impact of global economic growth, trade tensions, and geopolitical events on both Canada and Japan.
3. Commodity Prices: Fluctuations in crude oil, natural gas, and other commodity prices, which can affect Canada's export-driven economy.
🟢Fundamental Factors
1. Trade Balance: Canada's trade balance with Japan, including exports and imports of goods and services.
2. Inflation Rates: Differences in inflation rates between Canada and Japan, which can influence exchange rates.
3. GDP Growth: The relative strength of Canada's and Japan's economies, as measured by GDP growth rates.
🟣Sentimental Factors
1. Market Sentiment: Overall market sentiment towards the CAD/JPY pair, including positioning and sentiment indicators.
2. Trader Positioning: The ratio of long to short positions held by traders, which can indicate market sentiment.
3. Technical Analysis: Chart patterns, trends, and technical indicators that can influence trader decisions.
Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
🚨Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
🚨Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
Portfolio Selection for the Week – 10th February 2025This portfolio selection is for educational purposes only!
The key to successful trading lies in consistency. Consistent decision-making, combined with a positive edge, is what leads to long-term success in the markets. This is why we regularly conduct portfolio selection.
At present, the Japanese Yen (JPY) is the strongest currency, followed by the US Dollar (USD), Australian Dollar (AUD), and Canadian Dollar (CAD). On the weaker side, we see Swiss Franc (CHF), Euro (EUR), New Zealand Dollar (NZD), and British Pound (GBP).
Most currency pairs have been experiencing secondary trends. Once this phase concludes, we can look to align trades with the dominant market trend.
If you find this content valuable, hit the boost and share your thoughts in the comments!
Wishing you a profitable trading week! 🚀📈
Trade idea for the weekly outlook.In this video i will explain what i am gonna trade for the week for my accountabilty partner.
I see nice oppurtunitys for a sells on the pairs.
Weekend UpdateNo trade taken last week due to the gap that was formed at the start of the week. I didn't want to end up forcing a trade and breaking my trading plan but this is the trade we would have taken if we were playing it a little more risky. To some traders this isn't risky at all and maybe I played it too safe but this type of discipline is what you need to be successful as a trader. As for the pair CADJPY, I was looking for it to retrace deeper into the zone to then continue trending down but price didn't. We still did manage to read this entire move to the T and I'm satisfied with my decision last week. We should get a good move this upcoming week. 🏴
Cadjpy for shortPrice hits a weekly resistance zone, formed a double top. Wait for breakout and retest of the support zone and bearish candlestick pattern for confirmation.
CAD-JPY Potential Long! Buy!
Hello,Traders!
CAD-JPY is falling down
Again after some crazy moves
But the pair will soon hit
A horizontal demand level
Of 104.850 from where
We will be expecting a
Local bullish rebound
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
BUY CADJPYCADJPY with a great buy entry at the end of the week. Price should retrace up now until the market closes then pick up from there with a fresh weekly candle and continue up. There are three targets, (106,546), (107,306) & ( 108,010)
CAD_JPY BULLISH REBOUND AHEAD|LONG|
✅CAD_JPY is going down now
But a strong support level is ahead at 105.000
Thus I am expecting a rebound
And a move up towards the target at 106.029
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Setup #005 - CADJPY - LongTrade entered.
Confluences:
✅ Bullish overall bias
✅ Bulllish demand zone
✅ Bullish crab on 15 min chart, bullish impulse crab on H4
✅ Bullish divergence in price reversal zone
✅ Buillish break of structure
✅ Entering London close zone
✅ Break of structure confirmed
✅ Required risk:reward met
Daily triangle patternWe clearly see a Triangle pattern on the daily chart followed by a breakout then a pullback to the 50% Fibonacci, all the confluences suggest a bearish move is at hand
WE ONLY TRADE PULLBACKS
CAD/JPY VS AUD/JPYboth look similar you can see $$$ then you see a sweep and price pushes very bullish so which ever one gest to my zone last i will take
CADJPY SellsCADJPY is gearing up for a potential sell move. This setup will only be valid should price return back up to 106,7. Thereafter, we can look for sells
Pattern ID Exercize on CAD/JPY 6/2/2024Hello this is my Pattern ID Exercize on CAD/JPY 6/2/2024. Hoping for your feedback
Setup #004 - CADJPY - LongWaiting for order fill. Must come between 10am-12:30pm ET today.
Confluences:
✅ Bullish overall bias
✅ Bulllish demand zone
✅ Bullish crab on 15 min chart, bullish impulse crab on H4
✅ Bullish divergence in price reversal zone
✅ Buillish break of structure
✅ Entering London close zone
✅ Break of structure confirmed
✅ Required risk:reward met
CADJPYPotential CADJPY trade? if we get a retracement back into that zone price will be hitting a psych level and a previous structure level. It will be another confluence if price also meets the EMA and uses it as resistance.
CAD/JPY NEXT MOVESell after bearish candle stick pattern, buy after bullish candle stick pattern....
Best bullish pattern , engulfing candle or green hammer
Best bearish pattern , engulfing candle or red shooting star
Stop lost before pattern
R/R 1/3
CADJPY - ShortShort trade plan for CADJPY as it is moving in bearish trend with descending channel support.
Bearish divergence further supports bearish trend.
CAD/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
CAD/JPY pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 106.159 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
Looking for a momentum breakdown closurefor upcoming CAD weakness and potential YEN strength
Just looking for small scalp
runners depends on the catalyst which I think have chance to happen soon
No breakdown closure with volume, volatility, and momentum confirmation = no trade
heikin ashi to trail
information created and published doesn't constitute investment advice!
NOT financial advice
CADJPY (5 MIN CHART)The CADJPY pair is near a supply zone and show as reversal pattern on the 5-minute chart, signaling a potential sell opportunity. Look for bearish candlestick patterns and cross with high volume and to confirm entry.
LOOK FOR 5MIN TIME FRAME
CADJPY Buy Setup🔼#CADJPY Buy Setup
Currently Trading At 105.580 , Buy Dip Till 104.742 For The Target 107.300—-109.380
