JPYCAD trade ideas
CADJPY: Expecting Bullish Continuation! Here is Why:
Balance of buyers and sellers on the CADJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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CADJPY BUY TRADE PLAN🔥 CADJPY SWING BUY TRADE PLAN 🔥
📅 Date: 5 MAY 2025
📋 TRADE PLAN OVERVIEW:
* Type: Swing
* Direction: Buy
* Confidence: ⭐⭐⭐⭐ (86%)
* Risk:Reward: 3.8:1
* Status: Waiting
📌 Guidance Note:
This is the Primary HTF Buy Plan based on the D1 bullish continuation structure after CHoCH and iBOS confirmation. Risk priority: 1.0%. Execution on H4 structure or confirmed H1 sweep + breaker block.
📈 MARKET BIAS & TRADE TYPE:
* Bias: Bullish 📈
* Trade Type: Continuation (HTF swing leg continuation off deep retracement)
🔰 CONFIDENCE LEVEL:
* ⭐⭐⭐⭐ (86%)
Confluence Breakdown:
* H4 BOS + CHoCH: ✅ 28%
* Deep Discount OB Zone: ✅ 22%
* Multi-Liquidity Sweep Trap Potential: ✅ 18%
* Sentiment/Macro Alignment: ✅ 18%
📍 ENTRY ZONES:
* 🟩 Primary Buy Zone:
103.850 – 103.550
(D1 OB + 70.5% FIB + internal liquidity pool)
* 🟨 Secondary Zone (less aggressive):
104.050 – 103.950
(H4 FVG + minor sweep inducement)
❗ STOP LOSS:
* SL: 103.150
(Below OB wick + 1x H4 ATR)
ATR-adjusted for mid-volatility conditions
🎯 TAKE PROFITS:
TP Target R:R Notes
TP1 104.950 2.3:1 Internal H4 liquidity pocket
TP2 105.780 3.8:1 Full bullish continuation leg target
TP3 106.900 5.2:1 D1 cleanout of March supply high
🧠 MANAGEMENT STRATEGY:
* Risk: 1.0%
* SL to BE: After TP1 hit (breakeven +10 pips)
* Scaling:
* 50% at TP1
* 30% at TP2
* 20% runner to TP3 (trailing logic engaged)
⚠️ CONFIRMATION CRITERIA (OPTIONAL FOR SNIPERS):
* H1/H4 bullish engulfing OR pin bar from zone
* Volume spike confirmation
* Breaker block trigger OR iBOS inside zone
⏳ VALIDITY:
* Plan Type: Swing
* Expiry: 72 hours
* Auto-expire if structure breaks or invalidated macro shift
❌ INVALIDATION:
* H4 CHoCH against bullish bias
* D1 closes below 103.100
* Macro reversal (JPY strength surge + risk-off flow + DXY spike)
🌐 FUNDAMENTAL & SENTIMENT SNAPSHOT:
* COT: Net JPY short bias remains, CAD neutral to mild bullish
* Retail Sentiment: 72% short = bullish contrarian signal ✅
* DXY: Consolidating — risk-neutral, supporting risk pairs
* VIX: Stable sub-16 (risk-on supportive)
* Macro: Oil stable; Canada correlation supportive
* Sentiment Score: +7/10 ✅
📋 FINAL TRADE SUMMARY:
We are executing a high-confidence CADJPY swing buy from D1 structural continuation zone. Market has swept prior lows and returned to premium discount OB zone. HTF structure is bullish with multiple liquidity traps below. Risk-on sentiment and macro fundamentals support CAD. We scale in with full precision management and SL protections.
"Execute on structure, not impulse. Confirmed. Blueprinted. Disciplined."
CAD_JPY STRONG BULLISH BIAS|LONG|
✅CAD_JPY made a bullish
Rebound from the rising
Support and then broke the
Key horizontal level
Around 105.727 so we are
Bullish biased and after a
Local pullback we will be
Expecting a further
Bullish continuation
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GAPS Everywhere! YOU MUST understand how everything is connectedAll the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
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CADJPY bias to the upside Beautiful shift of structure Weekly, I expect to form the weekly wick by retracement of 2h structure to the AOI Daily and then continue to the major trend just broken.
Also I expect to form a zone of positioning and liquidation in this zone from my xp, so I will watch closely what is going to happen and react by the move formed.
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 me
CADJPY: Bullish Continuation is Expected! Here is Why:
Looking at the chart of CADJPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely.
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CAD/JPY Short – Commodity Currency Struggles vs. Safe HavenWe propose a short position in CAD/JPY, capitalizing on the renewed downtrend. An optimal entry would be near the channel resistance if another uptick occurs – e.g. around ¥104.4 – ¥104.5 (current market around ¥104.36 is already in this zone)
Technical Analysis: CAD/JPY’s technical picture has flipped bearish after a relief rally in April. Not long ago (earlier Q2), the pair formed a double bottom near a key support (around ¥101–102, likely the April low). That drove a rebound to a peak in late April, but the recovery stalled below ¥105. In fact, price failed at ¥104.90, which corresponds to the descending channel resistance on the daily chart.
We propose a short position in CAD/JPY, capitalizing on the renewed downtrend. An optimal entry would be near the channel resistance if another uptick occurs – e.g. around ¥104.4 – ¥104.5 (current market around ¥104.36 is already in this zone). A protective stop can be placed at ¥105.10, just above the recent swing high and the critical 105 handle. This stop is tight enough (about 70 pips risk) to invalidate the setup if hit (as it means a breakout of the bearish channel). The profit targets are ¥102.20 initially (just above the ¥102.9 support and ahead of the big 102 figure) and an extended ¥100.00 on a multi-week horizon if downside momentum persists.