CAD/JPY :: It is always on my targets .CAD/JPY :::
The previous analysis is still usable and you can choose the next targets by looking at it .
<<< GOOD LUCK >>>
Cadjpyforecast
CAD/JPY :: wait for the best time !CAD/JPY :::
1_ Orange channel :: It is drawn in the time frame of one hour. It is currently at the ceiling of this channel, and its ceiling is a good resistance and will lead the price down to a large extent .
2_ Blue channel :: It is drawn in the time frame of 4 hours. And the price reacts a lot to the bottom of the blue channel, but has not been able to break it yet .
3_ The best decision :: wait until the price either breaks the ceiling of the orange channel or the bottom of the blue channel
4_ the targets will be as follows ::
If the roof of the orange channel is broken: range 117 .
If the bottom of the blue channel is broken: range 101 .
CADJPY : Current Situation & Technical , Fundamental View#CADJPY
- By this time, CADJPY was very well BUY with the G7 MEETING with some positive comments regarding OIL. So CAD automatically went up. The other reason is the RATE HIKE done by the BOC. Also, in the last few days, JPY WEAKNESS came unexpectedly. They are the FUNDAMENTAL event.
- But after that the price of OIL rose very fast. Due to this reason CAD became STRONG very fast before. You can check it by going to CAD CHARTS.
But now with JPY WEAKNESS, CADJPY is getting BUY very fast.
- Right now the MARKET is getting somewhat RISK ON, JPY is going down, so CADJPY is getting BUY.
- Definitely CADJPY should be slightly DOWN until 107.621 LEVEL. After that, the possibility of moving to 112.862 LEVEL is very high. The reason for that is because even now OIL PRICES are going up a bit. After that CADJPY price can go down to 103.955 LEVEL. We focus on MARKET UPDATES and MARKET SENTIMENT.
CADJPY sell opportunityCADJPY is at very significant supply zone and making an bearish divergence
also JPY index is showing signs of a long sell area
follow the structure on chart and look for bearish confirmation on lower time frames
than sell CADJPY with your own money management and risk to reward ratio
always remember that patience is the key to success in financial world
CADJPY : Current Situation & Technical , Fundamental View#CADJPY
- By this time, CADJPY was very well BUY with the G7 MEETING with some positive comments regarding OIL. So CAD automatically went up. The other reason is the RATE HIKE done by the BOC. That was the recent FUNDAMENTAL incident.
- But after that the price of OIL went down very fast. Due to this reason CAD went down very fast. You can check it by going to CAD CHARTS. But now with JPY WEAKNESS, CADJPY is getting BUY very fast.
- Right now the MARKET is getting somewhat RISK ON, JPY is going down, so CADJPY is getting BUY.
- There is a very high possibility that CADJPY will move up to the 108.032 level. The reason for that is because even now OIL PRICES are going up a bit. After that CADJPY price can go down to 102.990 LEVEL. We focus on MARKET UPDATES and MARKET SENTIMENT. cadjpy
cadjpy long for 106.45105.10 resistance broke which became support now. demand zone for long 105.30-25. stop loss 104.90, target: 106.45
CADJPY sell opportunityCADJPY also rejected from the top and it can go up to the supply zone
wait for the market to reach there and sell CADJPY on retest after confirmations
always remember that patience and money management are the key to success
CADJPY - 240 MINS TIME FRAMEThe Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on this instrument (chart).
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
DeGRAM | CADJPY major resistanceCADJPY is consolidating at a resistance level, which is a psychological level.
Price action is struggling to make a new high.
A false break of the level is going to be the perfect entry signal to sell.
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⁉️ CADJPY - Market AnalysisHello traders!
⁉️This is my analysis on CADJPY .
Here I expect price to continue the retracement to fill the imbalance and to reject from bearish orderblock + institutional big figure 106.000. We can correlate this move with JPYBASKET.
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CADJPY ! Beginning of Downtrend short trade idea 📉CADJPY 2 times test 107.600 level /Strong resistance/. Last time test price get hard dumped. My guess is beginning of CADJPY downtrend. The price retest 61.8 fibonacci level get rejection.
CAD_JPYCAD_JPY Break trendline,
And a move down towards the target 1 or 2
take care of your money management
SHORT
CadjpyCADJPY
Tested weekly resistance area and fell down
after making a head and shoulder pattern
another head and shoulder continuation is in the making
Short 103.9 - 104.33
SL 105.12
Target area 102.461
Target area 101.434
CADJPY analysisI am looking forward to go long on CADJPY as soon as I get an entry confirmation from my POI zone
DeGRAM | CADJPY bearish opportunityCADJPY pulled back to the resistance zone.
It is currently testing a psychological level of 105.000.
Notice the price is decelerating while approaching the level.
We might see a sell off.
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CADJPY possible buy zone!!Dear traders,
CADJPY is in a bullish trend for an extended period of time.
currently, the price has formed an inverted head & shoulder on the 4H and broken up with a bullish engulfer. If the price shows a strong rejection to the upside from the neckline of this inverted head & shoulder, there is a high probability that the price will continue to rise.
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cad/jpy sell oppertunitycadjpy like other jpy pairs broke support and now back to retest the broken area
look for bearish confirmation on lower time frames and enter sell with your own money management
CAD/JPY SELL SIGNAL...VIEW
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data, quotes, charts and buy/sell signals.
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SHORT CADJPY ✅✅✅Hello traders!
✅ This is my trade on CADJPY .
Here we can see a reversal as price broke the market structure, so I expect bearish price action from here as price rejected from bearish orderblock + FIBO 0.618 level.
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CADJPY preparing for a reversal!!CADJPY has formed a reversal pattern at the top of the monthly resistance and possibly coming for a deeper retracement. A possible sell opportunity!!
CADJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
