Cadjpyanalysis
CADJPY 4Month Macro ViewGood Evening Everyone,
Please watch the entire video to understand my break down and thesis.
As always trade safe set stops set takes and make sure you are always using appropriate risk for your RR.
Happy Trading + Safe Trading = Profits
I'll get back to posting more frequently if we can give this video some love!!!! Cheers
CADJPY SHORTS - JPY STRENGTH HERE TO STAY!Waiting for a pullback to retest key range at 97.696 to short CADJPY back down to key weekly level at 93.019
If you agree drop a like and if you have any questions leave a comment :)
CAD/JPY Long...CAD/JPY Buy ... This is not signal... Dont risk more than 3% of your account on any trade...
CADJPY - Retracement expected ✅Hello traders!
‼️ This is my analysis on CADJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make the retracement to fill imbalances higher and then to reject from bearish orderblock + institutional mid figure 98.500.
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DeGRAM | CADJPY major supportCADJPY is trading in the descending channel .
The market could not make a lower low at support, indicating a potential reversal or consolidation.
Price is testing at a psychological level of 96,000.
We expect a test of support and bullish move.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Short On CADJPYAs you can see in this smc analysis we have a pullback to the supply zoon after a change of character.
CADJPY : Current Situation & Technical , Fundamental View#CADJPY
- CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG. The reason for that is because the Bank of Japan did not intervene in the long term to strengthen the JPY, they are strengthening the JPY in other ways without raising the rate. Meanwhile, the price of OIL has gone down a bit, so the CAD has become very weak in the last few days. Anyway, as expected in the BOC RATE DECISION the other day, the RATE HIKE was done.
- But somehow the CANADIAN CENTRAL BANK has become HAWKISH. Therefore, CADJPY should definitely be slightly UP until the 103.110 LEVEL. Before that, there is definitely a very high possibility to sell to the 96.68 LEVEL. So FOLLOW STRUCTURES.
CAD/JPY Short...CAD/JPY ... This is not signal... Dont risk more than 3% of your account on any trade...
CADJPY LONG BUYThe Canadian Dollar vs. the Japanese Yen. When a trader is unsure about trading the US Dollar, the CADJPY is often determined to be a suitable replacement. However, the historically higher yield of the Canadian dollar in the past has made the CADJPY more sensitive to market wide sentiment changes than the USDJPY. Also, Canada’s large amount of energy exports, most notable oil, causes it to be affected by crude oil prices.
CAD/JPY LongI came up with this idea because on 1D chart , there is possible next wave scenarios as described in the chart
My idea is that CADJPY will hit at least 99.890 .As a second target i will set 100.27 and as a third target 100.75.
! I will risk 0.33% for each trade , we aware risk on your own !
CadjpyMy idea , cadjpy theres a lot of nice candles for previous days so we can see some nice corrections . will wait for confirmations..
CadJpy LongI am looking to long CadJpy once it strongly breaks the resistance above. If it fails to break it, it will continue to short and I will look for short opportunities once it breaks the support below
CADJPY : Current Situation & Technical , Fundamental View#CADJPY
- CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG. The reason for that is because the Bank of Japan did not intervene in the long term to strengthen the JPY, they are strengthening the JPY in other ways without raising the rate. Meanwhile, the price of OIL has gone down a bit, so the CAD has become very weak in the last few days. Anyway, as expected in the BOC RATE DECISION the other day, the RATE HIKE was done.
- But somehow the CANADIAN CENTRAL BANK has become HAWKISH. Therefore, CADJPY should definitely be slightly UP until the 103.110 LEVEL. Before that, there is a very high possibility of selling to the 94.00 level. So FOLLOW STRUCTURES.
CadjpyCadjpy idea , long term wise & short term,
just wait for major breaks
and react to what the market gives you.
CADJPY, still waiting, around 150 pipsRecently, the price has been moving in the designated channel (red lines). I am waiting for a support or resistance breakout.
This will be a buy or sell sign.
Beware of false breakouts.
TP around 102.60 (if long) or 98.00 (if short).
Around 150 pips in both cases.
GG
P.S.
This is of course not financial advice, just my idea.
CAD/JPY SHORT TRADE ...According to SMC , We have a trades entry for short on CAD/JPY pair as following :
ENTRY @ 100.912
SL @ 101.098
TP @ 100.196
RRR : 1:3.85
GOOD LUCK GUYS ...
Cadjpymy idea cadjpy , were having a nice range that we will break out of , waiting on confirmations play it safe...
CADJPY Long Trade CADJPY has given breakout from Ascending Triangle pattern as show in chart. According to chart pattern analysis we might see upside in cadjpy towards the resistance level.
trade with stop loss and own capital risk management.
views / opinions are welcome to discuss.
cadjpyCadjpy ideas ,101.450 is nice for bullish momentum for higher candles, but if so we can see 99.30 areas break down . Keeping it simple and Fundamental analysis .
CADJPY : Current Situation & Technical , Fundamental View#CADJPY
- CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. And as expected, JPY WEAKNESS came after the BOJ INTERVENTION. This was because the Bank of Japan did not intervene in the long run to strengthen the JPY. Meanwhile, CAD has become very STRONG in the last few days due to the increase in OIL prices. Anyway, the RATE HIKE was not done as expected in the BOC RATE DECISION the other day. The rate hike was less than that.
- The price of OIL is going down very fast. For this reason, CAD will be slightly SELL.
- But somehow the CANADIAN CENTRAL BANK has become HAWKISH. Therefore, CADJPY should definitely be slightly UP until the 105.89 LEVEL. Before that, there is a very high possibility of selling to the 97.50 level. The reason for that is because even now OIL PRICES are going up a bit.
