JPYCAD trade ideas
CADJPY: Bullish Continuation is Highly Probable! Here is Why:
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too.
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CADJPY - Look for taking liquidity ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in an accumulation phase, so I expect we can see AMD pattern, price firstly to take buy side liquidity and then to distribute lower for sell side liquidity.
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cadjpy buynice entry might have been missed but cadjpy is still rising and will most likely take out those highs, look for any buys
CADJPY SHORT 02/02/24after retesting peak , pair is heading downward . again at this stage is on fibo retest mode.
usdjpy cadjpy nzdjpy all are heading downward. going short at another high would Gem
cheers,
CADJPY longLooking long at this point. Another high expected. Sl in mind going long. Usdjpy is on rise, could see this pair following major stream.
CADJPY Will Go Down! Short!
Take a look at our analysis for CADJPY.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 109.535.
The above observations make me that the market will inevitably achieve 108.510 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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CADJPY H4 | Potential bearish breakoutCADJPY is on a downtrend and falling to our buy entry level, it might breakout and drop further to the take profit level.
Sell entry is at 109.033 which is an overlap support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 110.188 which is a level that sits above the multi-swing-high resistance.
Take profit is at 108.008 which is swing-low support level.
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H1 | CADJPY | BUY TREND BUT WEEKLY RESISTANCEHello everyone ...
market is on buy trend/ BUT price may respect this weekly resistance.buy for short term.
Use good RISK management only thing important in Trading is how you manage your trade...
WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT..
.. good luck..
CADJPY bounce from supportCADJPY bounce here from support on h4, h1 shows break of trend and retest then rejection candle with overall H4 trend structure still valid SL and TP
targeting 40 pips 1:1, managed accordingly.
Slightly hesitant on seeing potential double tops here but willing to risk it based on trend strength.
✅CAD_JPY BEARISH BIAS|SHORT🔥
✅CAD_JPY broke the rising
Support and now the pair
Is making a bullish rebound
And after that I believe
We will see a further
Move down
SHORT🔥
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CADJPY HUGE DROP INCOMINGAs you can see from my chart, it shows a very high chance of shorting from 110.
To be honest, we have seen CADJPY making more than 1 rejects.
Next TP 107, 106
Sell CADJPYThis is my Setup to Short CADJPY. Market has mitigated a Valid OB and given a CHoCH at LTF. I am going to short from Unmitigated OrderFlow in this Setup...
SELL POSITION FOR 1 D SIGNALwe find based on 1 D Wave and Volume profile Sell Position, We Wate for Touch Resistance Area and Then Sell Move.
Buy Position base On H Signal Based on the Volume Profile we find a supporting area and set a buy position on it. the TP Area is Also set based on reduced Volume on the Last Wave.
cadjpy-Previous Day candle closed bearish. If we are looking for buys we will take on until resistance formed on 11th oct 23 Daily bearish open, TP2 will be daily bullish open on 16 Joct 23.
- If we are looking for sells we take on until 24 jan 24 daily bullish open.
- Wait for 1 hour candle to close above or below zone.
-We risk 3% of our capital. Close trades once price reverses to opposite direction and 1 hour candle closes below/above order Block.
CAD-JPY Short From Resistance! Sell!
Hello,Traders!
CAD-JPY is going up now
But will soon hit a horizontal
Resistance level of 110.600
From where I will be expecting
A bearish move down
Sell!
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CADJPY SHORTCADJPY has been in an ascending trend and has hit previously met Resistance at 110.000, after tasting that level it has been rejected for a second time and is now beneath the resistance again. With the general bullishness in the YEN which is a Safe Heaven as the USD corrects technically before continuing its move to the upside.
CADJPY - Adam and Eve ReversalClean and nice pattern. Rarely gets so much pullback that it looks like a H&S pattern.
In any case, whichever pattern it is, the structure is there to e taken advantage of. Potential lucrative pips if the pattern plays out at the break of neckline.
Good luck!
CADJPY-BUY STRATEGY 4-hourly chartThe pair moved lower quickly, and has formed a bit of a false bear flag pattern. The stochastic is negative and we should consider it may move little lower first.
Strategy BUY @ 108.85-109.00 and place SL below 108.45 and take profit @ 110.17.
cadjpy swing short reacting to the 8hr choc OB, choc on the 1hr and higher time frame rising wedge with a trend line break. risker as its very bullish wich is why i have a bigger sl
