Cadjpyidea
Scenario CADJPYThe running double top that stretches all the way in the channel is interesting, especially around the marked support where a correction structure was formed against the second peak, the value of the fibo level is 0.5, the situation around the marked circle will be decisive for me and if the price breaks through the lower wall of the channel, I will enter a short position
CADJPY GOING DOWN !!!The CAD/JPY pair has been showing clear signs of a downtrend, with key indicators pointing towards further depreciation in the coming days. Several factors are contributing to this bearish momentum:
🔻 Weakening Canadian Dollar: Recent data suggests a slowdown in Canada's economy, putting pressure on the CAD. Lower oil prices, a crucial export for Canada, are also contributing to this weakness.
🔻 Strengthening Yen: As global uncertainties rise, the Japanese Yen is gaining strength due to its safe-haven status, putting further downward pressure on CAD/JPY.
🔻 Technical Analysis Confirms the Trend: The pair has broken key support levels, with moving averages and momentum indicators confirming that the price is heading lower. Selling pressure has been increasing as we move towards oversold territory.
Now could be a strategic time to enter a SELL position on CAD/JPY before it drops further. Stay ahead of the market and take advantage of the falling price action! 📉
CAD/JPY "Loonie-Ninja" Bank Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist CAD/JPY "Loonie-Ninja" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
Attention for Scalpers : 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 💰.
Warning : Fundamental Analysis news 📰 🗞️ 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 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
#CADJPY 4HCAD/JPY 4-Hour Chart Analysis:
The CAD/JPY 4-hour chart shows a trendline breakout, accompanied by a strong support level. After moving in a downtrend, the price has successfully broken above the descending trendline, indicating a shift towards bullish sentiment. Additionally, the price has found support at a key level, reinforcing the possibility of an upward move.
Forecast:
- Buy after the price confirms the breakout above the trendline and holds above the support level.
- This breakout suggests a change in market direction, signaling a potential upward rally.
- Look for further confirmation through volume and price action to validate the strength of the trend continuation.
Let me know if you need any adjustments!
CAD/JPY Bank Money Heist Plan On Bullish SideBonjour My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist CAD/JPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : 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 💰.
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.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 1H timeframe
Warning : Fundamental Analysis news 📰 🗞️ 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 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
CAD/JPY "Loonie Yen" Bank Bearish Robbery Plan on Short sideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist CADJPY Bank 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 / Trap 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.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 1h 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 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
CADJPY BUY TF H4 TP = 116.34 On the H4 chart the trend started on Aug. 02 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 116.34
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
CADJPY Technical Analysis and Trade Idea 👉🔍 In this video, we analyze CADJPY. It's evident that CADJPY has been showing bearish momentum recently. However, I anticipate a retracement as it has traded into a key support level. My strategy involves monitoring the 15-minute and 5-minute charts for signs of a retrace, sideways movement, and a potential bearish reversal. This could present a scalp or day trade short opportunity targeting the previous lows, as described in the video.
It's important to note that these observations are speculative and not a definitive forecast. Confirming specific price movements is crucial before considering any buying or selling decisions, as elaborated in the video. The video provides a comprehensive analysis of the current trend, market structure, and price dynamics. Remember, this educational content is designed to enhance understanding and does not guarantee outcomes. Trading inherently involves substantial risks, so employing robust risk management techniques is essential. 📈🔔
#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.
CADJPY - POTENTIAL RETRACEMENT FROM FVG / SHORT SIGNAL💡Hello Traders!
CADJPY - At the moment I see a bullish structure on the h1 and h4 timeframe, favoring short positions. I'm looking for a potential short opportunity if the price will retrace from the FVG.
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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
3 Great Reasons To Sell CAD/JPY To Get 200 Pips At Least !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.