CAD/JPY "Loonie-Ninja" Bank Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist CAD/JPY "Loonie-Ninja" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
Attention for Scalpers : 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 💰.
Warning : Fundamental Analysis news 📰 🗞️ 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.
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JPYCAD trade ideas
CADJPY Bullish Correction against the down trendCADJPY recently made a fake breakout of the previous support level, but quickly bounced back, taking liquidity below the previous week's low. On the daily timeframe, a long-tailed bar has formed, signaling that bulls are pushing the price higher. Additionally, on the 4H timeframe, another long-tailed bar confirms the buying pressure. A bullish divergence is present, indicating a potential trend continuation. If the market breaks and closes above the 108.500 resistance level, it could likely test the level above the equal high on the left, further confirming the bullish sentiment. The target is the resistance zone around 109.15
CAD/JPY - CLEAR BUYS --- BUY NOWCAD/JPY is presenting CLEAR bullish momentum and can see it going to the weekly ranges and more! This is a falling wedge and looks rip for momentum to blast this pair to TP. This is 99% probability and is clearly indicating bullish direction. Enter now before it's too late!
CadJpy Trade IdeaI personally decided to take some shorts on CJ with price still being in a solid range. The range is tight but it still gives me an opportunity to enter with a solid risk to reward. I'm looking for a 1:3rr on this set up. 4hr showed bullish structures within the range. Once price tapped into the resistance level we had a solid break of structure and then the retest to confirm a possible push back to the downside. It is Monday and there's a bunch of news happening all day so we'll see what happens. The higher time frame looks solid on the shift and is giving me a bigger confidence on the trade. It doesn't mean it'll play out but I definitely like what I see.
CADJPY - Long TradePrice swept liquidity, made a false breakout of the 1D swing, and closed above.
After that, we have a break in market structure, which shows us sign of strength on key level.
That's why there's a higher probability of seeing prices higher at FTA (first trouble area) as next liquidity level.
Keep it simple and consistent!
CADJPY may go up from the bullish order block.CADJPY may go up from the bullish order block.
BULLISH ORDER BLOCK :- 108.185 AND 107.960
There is another bullish order block slight below the first order block.
The price is now at bullish order block it's time to open the position within the order block to have the profits.
i have analyzed chart using most advanced price action strategy using SMC (smart money concepts)
according to my analysis i suggest :-
Entry price :- 108.185
Take profit :- 108.893
Stop loss :- 107.626
CAD/JPY BULLS ARE STRONG HERE|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 108.329 level.
✅LIKE AND COMMENT MY IDEAS✅
Lingrid | CADJPY bullish DIVERGENCE: Potential BUYFX:CADJPY made a fake breakout of the previous support level but then bounced off it, taking liquidity below the previous week's low. On the daily timeframe, a long-tailed bar has formed, indicating that bulls are attempting to push the price higher. Additionally, on the 4H timeframe, we see another long-tailed bar, which further signifies buying pressure. There is a bullish divergence present on the current timeframe, suggesting a potential trend continuation. I think IF the market breaks and closes above the 108.500 resistance level, there is a good chance that the price may test the level above the equal high on the left. This would be a strong confirmation of the bullish sentiment in the market. My goal is resistance zone around 109.15
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Bearish breakout?CAD/JPY is reacting off the pivot which acts as an overlap support and could breakout to the 1st support level.
Pivot: 108.03
1st Support: 106.91
1st Resistance: 108.68
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cadjpycadjpy had previously made a fakeout in the minor downtrend. Now it is approaching this trend with volume. In case of breakout, it will rise to the channel median and also the session resistance level of 109,000. In case of breakout of the 109,000 level, it will rise to the upper region of the channel, 111,000.
CADJPY Bounce off Demand Zone?This is a head up! I shall be watching this pair closely. The plan will be to open a LONG position when I get the close of an hourly candle showing a bounce to the upside. This is consistent with the 4H and Daily trend direction. I shall be waiting for a pin bar, engulfing or tweezers. I shall place the stop below the zone at about 107.55. If the price drops below the zone that this idea will be scrapped.
NOTE. Canadian CPI is due for release 12:30 GMT TODAY so I will NOT be opening a position until after this data release.