CADJPY Bank Bearish Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist CADJPY Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: 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.
Stop Loss : Recent Swing High using 4h timeframe
Warning : Fundamental Analysis 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.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Cadjpyforecast
#CADJPY: 800+ Pips Possibly The Next Big Movement to OccurDear Traders,
Likewise our GBPJPY idea we also expect the similar movement on CADJPY, due to JPY recent bullish price correction, price of JPY pairs dropped heavily, however, the good thing is price rebounding from a vital key level which may be a turning point that buyers were looking for. Please note, today there is bank holidays in the uk and japan.
7 Dimension Analysis for CADJPY 😇 7 Dimension Analysis
Time Frame: H1
1️⃣ Swing Structure: Bullish with Breakout of Structure (BoS) and impulsive move strengthening, lacking inducement
🟢 POI OB: Unmitigated
🟢 Traps: False Breakout observed at the start of the move
2️⃣ Pattern
🟢 CHART PATTERNS: Continuation pattern with a completed flag targeting a possible retracement
🟢 CANDLE PATTERNS: Record Session count of 7, Shrinking long wick ends indicating a short reversal. Last H1 candle shows the entry of climax players, suggesting a potential correction
3️⃣ Volume
🟢 Highest volume observed at breakout and start area of the move, but currently, volume is drying
4️⃣ Momentum RSI
🟢 Currently in a super bullish zone and heavily overbought, indicating a strong need for correction
🟢 Grandfather father son entries perfectly align; waiting for other entries based on this and SMC combine
5️⃣ Volatility Bollinger Bands
🟢 Significant expansion in the price suggests a need for cooling down or contraction and correction
🟢 Market still walking on the band; waiting for it to end
6️⃣ Strength According to ROC
🟢 Values: CAD > JPY, -0.88 vs -4.44
7️⃣ Sentiment
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bullish
✔ Support Resistance Base: OB with FVG and liquidity sweep
☑️ Candles Behavior: Wait for price to reach order block areas
💡 Decision: Seeking buy entries
🚀 Entry: 115.210
✋ Stop Loss: 114.389
🎯 Take Profit: 119.4
😊 Risk to Reward Ratio: 5
🕛 Expected Duration: 5 days
📚 SUMMARY: The analysis suggests a strong bullish trend on the H1 timeframe with indications of potential retracement. Traders are advised to wait for price action confirmation at order block areas before entering buy positions, aiming for a 5-day duration with a favorable risk-to-reward ratio of 5.
BUY CADJPY ON DIPS!!!HELLO TRADERS !!
As I can see this pair is now tested a strong support zone which is a very low risk entry for longs.
CADJPY is still going to move more higher than predicted level on weekly based timeframe friends it's just a trade idea share Ur thoughts with us it helps many other traders.
Stay Tuned for more updates!
CADJPY: Possible 300 PIPS Selling Opportunity! Dear Traders,
There is a good possibility that we can expect short term selling opportunity on CADJPY; saw some bullish exhaustion and price dropped created change of character. Though the price has risen up sharply to previous high, we still expect price to reject from the area around previous high. With 60 pips stop loss the setup idea look reasonable to take risk with 350 pips in take profit. Good Luck and Trade Safe.
#CADJPY: Major Swing Selling Opportunity, 300 Pips Expected! Dear Traders,
Cadjpy was extremely bullish in January since Yen plummeted to record low, making it easier for all jpy pairs to rise to the new level. However, since february Yen has started to recover and it is expected to remain bullish for entire march.
Right now, We are looking at price to come to our area of entry and reject it from there, with possible 300 pips selling opportunity can be targeted. Using of Accurate Risk Management is advisable and protect your capital at all time. Only take this idea as your bias.
Good Luck and Trade Safe!
Cadjpy Short Analysis Or Chart As of now, it may touch back the upper level a bit. then
It will come back after touching a resistance which you can see on this 4 hour chart.
If we talk about the weekly trend, then the weekly trend will also go down with strong formations and it includes strong candle formations.
you Can sell it from 111.75-111.85 Area and you can use Stop loss 112.55
First Target of this trade is 110.55 and for second Target you can Hold it for 109.50 Level
CAD/JPY Technical Analysis and Trade IdeaMarket Observations: CAD/JPY has demonstrated a sustained bullish trend. However, the monthly timeframe indicates the pair is overextended. Furthermore, a double top pattern on the 1D chart suggests a potential retracement to the 50-61.8% Fibonacci levels. This zone could provide the necessary liquidity for major market players to accumulate long positions.
Trade Strategy:
Short Entry: Consider a counter-trend short entry at the current price level with a stop above the highs. 1:1 RR.
Buy Entry: Target a buy entry near the 61.8% Fibonacci retracement level to capitalize on potential long positions initiated by larger institutions. SL at the lows and targets as mentioned in the video.
Disclaimer: This analysis reflects my personal perspective and should not be misconstrued as financial advice. Always conduct your own thorough research and assess your risk tolerance before entering any trades.
Canadians feeling stressed when they deal with Japanese!!Canadian Dollar Japanese Yen traded at 110.6680 this Monday February 12th, decreasing 0.2697 or 0.24 percent since the previous trading session. Looking back, over the last four weeks, CADJPY lost 1.94 percent. Over the last 12 months, its price rose by 11.42 percent. Looking ahead, we forecast Canadian Dollar Japanese Yen to be priced at 111.2592 by the end of this quarter and at 112.3501 in one year, according to Trading Economics global macro models projections and analysts expectations.
CADJPY Pair : CADJPY ( Canadian Dollar / Japanese Yen )
Description :
Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Daily Resistance Level. Double Top Pattern as Correction in Short Time Frame and Long Time Frame and Rejection from its Second Top. Strong Divergence in RSI
CADJPY I Potential long following CAD Rate NewsWelcome back! Let me know your thoughts in the comments!
** CADJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Which Way For CADJPY, Are we going to short it? {18/jan/2024}Educational Analysis says CADJPY may move in this range for some time according to my technical.
Broker - FOREX.com
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because CADJPY is start to go down after respecting supply trendline, If not then it will break resistance level to make new higher high.
Let's see what this pair brings to the table in the future for us.
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
CADJPY Trade IdeaThe CADJPY has exhibited sustained bullish momentum in recent times. However, price appears overextended currently, suggesting a potential retracement could be on the horizon.
Should price dip back into the 61.8% Fibonacci retracement zone, a buy opportunity may emerge. Prior daily swing highs could act as potential target areas (as depicted on the chart).
Important Disclaimer: This analysis is for educational purposes only and should not be construed as financial advice. Please conduct your own due diligence and risk management before making any trading decisions.
7 Dimension Analysis for CADJPY 🕛 TOPDOWN Overview
A robust rejection at the daily timeframe, coupled with an H1 Change of Structure (COS), suggests the end of the short-term bullish move.
😇 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Initially bullish but rejected at a potent daily Point of Interest (POI)
🟢 Structure Behavior: Change of Structure (Choch)
🟢 Swing Move: Impulsive
🟢 Inducement: Completed
🟢 Internal Structure: Completely bearish
🟢 Ext OB: Unmitigated
🟢 Supply Zone Rejection: Observed
🟢 Traps: Fakeout at the top and supply area
🟢 Time Frame Confluence: Daily and H4
2️⃣ Pattern
🟢 CHART PATTERNS: Reversal pattern with a double top and liquidity sweep, indicating a potential reversal
🟢 CANDLE PATTERNS: Fakeout reversal after a Record Session count, Momentum with strict engulfing at the top, Tweezer pattern with liquidity sweep, Tower Top pattern observed with Climax players presence and follow-up, increasing chances of reversal
🟢 Gaps and Other Patterns: To be observed at the opening
3️⃣ Volume
🟢 High volume on the fakeout candle and substantial volume at the swing's start and high points
4️⃣ Momentum RSI
🟢 Zone: Sideways
🟢 Range Shift: Almost shifted from bullish to sideways
🟢 Divergence: Significant divergence found at the top level and rejection areas
5️⃣ Volatility Bollinger Bands
🟢 Middle band acting as resistance
🟢 Squeeze breakout and walking on the band awaiting
🟢 M pattern observed at the top
6️⃣ Strength According to ROC
🟢 Values: CAD 1.12 vs. JPY 2.88
7️⃣ Sentiment
☑️ Trend line breakout awaiting, but on the trigger time frame, it's already done
💡 Decision: Open a sell position right at the open
🚀 Entry: 108.489
✋ Stop Loss: 109.333
🎯 Take Profit: 102.1
2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO
😊 Risk to Reward Ratio: 6
🕛 Expected Duration: 30 days
SUMMARY:
The analysis indicates a reversal opportunity. The sell position is recommended with an entry at 108.489, stop loss at 109.333, take profit at 102.1, and a risk-to-reward ratio of 6, expecting completion in approximately 30 days.
CADJPY following the Friend in a upcoming downward trend As i have posted few jpy pairs analysis few days back for short similarly got the setup in CADJPY for short , seems jpy is about to give a solid upward momentum, which will drag all JPY cross pairs towards downside movements. so i am following to short the cadjpy pair at or above 108.30 level with the target of 104.20 level with a solid stoploss at 111.15
the risk reward for this trade setup is 1:1.5 as this is a HTF short setup it will defiantly going to take time to pan out. keep patience and have fun .
Happy New Year
Regards
Rizwan Ali
Accel Equity: Mark of Core Research
CADJPYThe market has breached below the support overlap, signaling a potential reversal towards the take-profit level.
To take advantage of the increasing selling pressure, it is advisable to initiate a sell position at 106.996, aligning with the resistance overlap.
Recognize the support level at 105.413 as a point for a potential pullback.
Caution is advised when trading Forex with margin, as it involves significant risk and may not be suitable for all investors. Exercise prudence.