JPYCAD trade ideas
CADJPY / SHORT / M15CADJPY may fall from the Bearish Order Block .
Bearish Order Block :- 111.522 and 111.439
CADJPY is approaching a bearish order block between 111.522 and 111.439, where we may anticipate a potential reversal and bearish momentum. Using Smart Money Concepts (SMC), this zone aligns with an institutional supply area, suggesting it could act as strong resistance.
Additional Analysis: I've incorporated other indicators to confirm bearish bias and identify potential rejection signals within this range. Monitoring price action here may provide further confirmation for a move downward if sellers defend the order block.
CADJPY / SHORT / M15
LOT :- 0.1
Entry Price :- 111.440
Take Profit :- 111.252
Stop Loss :- 111.628
Could the price reverse from here?CAD/JPY is rising towards the pivot and could reverse 1st support.
Pivot: 111.75
1st Support: 110.60
1st Resistance: 112.21
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
CADJPY RISKY LONG SCALPExecute the price at the exact price mentioned, NO FOMO.
💡KEEP IN MIND💡
I am not a financial advisor and do not contribute to any of your losses or profits. To be safe, I recommend that you risk only 0.1 - 0.2% for the first week or 10 days, as no one can predict the market.
🚀Follow, I will drop daily 2-5 Intraday Charts🚀
CAD/JPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
CAD/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 17H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 108.755 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
CAD/JPY At Interesting Area To Short And Get 200 Pips, Ready ?We have a very good setup to sell this pair after this amazing fake breakout and again the price respect the res again and we have a very good bearish price action at the moment , so i`m looking to sell this pair from the same res and targeting 200 pips .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CADJPY Possible Long Position BBMA OA ReEntry Zone Zero Loss1H - Re-Entry
15m- 50 EMA Rejection + Bollinger Band
Rejection
5m - CSAK + Entry in MALO
Note:
* Cancel trade or cut-loss when candle close Below MAHI (2 Red 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 Will Collapse! SELL!
My dear followers,
This is my opinion on the CADJPY next move:
The asset is approaching an important pivot point 110.86
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 110.00
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
CADJPY Supply And Demand Swing Long Analysis-Price broke downward ML
-Price removed opposing pivot supply and created new HH/HL
-DBR demand created.
-Swing buyers valid with 2x Stop loss locations I would consider OR
Day-Traders can use 4hr demand as Higher timeframe and wait for new lower timeframe confirmation.