Buy signalHello everybody!
We have there a bullish channel and the price is testing the support line.
A confirmation can bring the price up for a new HH.
Always use stop loss
What do you think about this idea?
Cadjpylong
CADJPY SHORTS 📉📉📉📉 Expecting bearish price action on CADJPY as price rejecting a bearish orderblock on h4 with bearish confirmation. We are in a bearish market strucuture on a HTF premise, as JPYBASKET is bullish.
What do you think ? Comment below..
CADJPY LongHey traders, in this week we are monitoring CADJPY buying opportunity around 89,8 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
CADJPYHello traders. Due to the failure of the daily trend line and pullback, we are waiting for confirmation for sale. Be profitable
learn forex cadjpy full timeframe analysisafter the full timeframe analysis
our team decide to buy cadjpy
⚠️ ⚠️ ⚠️ don't forget risk management ⚠️ ⚠️ ⚠️
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EWT: CADJPY Preparing for 93.84Price has completed the C leg of corrective wave Primary ((4)), and the price will march for impulsive wave ((5)).
Wave Formations:
Wave ((1))
- Leading diagonal
- Formed on extreme low
- Termination sub-wave 5 is smaller than 3
Wave ((2))
- Zigzag
- 50% of wave ((1))
- Ended near the sub-wave 4 of an impulsive wave.
Wave ((3))
- Impulse (Five wave move)
- Extended 2.618% of wave 1
Wave ((4))
- Running triangle/running flat
- 38.2% of wave ((3))
- Ended above wave (b)
Wave ((5))
- Wave ((1)) was a leading diagonal, so wave ((5)) can't form as a diagonal. It will be an impulsive wave.
- Wave 3 can end near 161.8% of the 4th wave at 93.492.
- Wave 1= Wave 5 at 93.765
- Wave 5 can complete after touching the parallel channel at 93.849.
We can expect the following targets: 91.46-92.29-93.849
CADJPY SHORTS 📉📉📉📉Expecting bearish price action on this pair as price made a shift in the market strucutre from bullish into bearish, retraced back into a bearish orderblock on h4 + imbalance fill and rejected from there with a nice h4 bearish closure. I think we go for another leg to the downside.
What do you think ? Comment below..
CadjpyHello. Due to the twin floor formation and positive divergence and neck line failure, I predict a price of 61.8% or 78.6% before the move.
CADJPY Buy trade opportunitiesCADJPY Buy trade opportunities
This pair running in range and recently back from support on channel and made a Strong Bullish candle on support level its sign to go long and test at least channel Resistance that we marked
Cad Jpy long i know that not a good time for entering into an trade but right now it matches with my rules base scenario
CADJPY LongHey traders, in this week we are monitoring CADJPY for a buying opportunity around 90.9 zone. once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
CADJPY 200 Pip shortPrice is overall still in a consolidation from December 2021. Beginning 2022 we hit the extremes of last months consolidation and we´re right now at a Key level to trade back into the Consolidations Liqudiity point of December.
Small Risk Trade R to R is 1 : 6,2 // price could also go up one more time to close above the Key level, if this happens ill´Stop out and plan a new trade.
My Overall Target is 89.200, due to Bullish Seasonality, I´ll use some of my Short Profits to Hedge for a Double Break. MY Long Hedge will start 89.200 scaling in as low as price goes without hitting my stop loss on the long position.
CADJPY Long Analysis Hey traders, here is the analysis for the CADJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
CADJPY LONG OPPORTUNITYHey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for CADJPY for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND?
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
CADJPY Long TRADEin my view about CADJPY buy long and take long profit but i gives you small profit here
CADJPY#CADJPY Sell Trade setup now price on supply zone nice trade for short. Multiple time frame analysis. thank you.
Cadjpy currency pair analysisWe expect the pair to fall slightly and then rise to its previous levels
CADJPY Breakout entryCADJPY Breakout Uptrend opportunity
Take Profit
1. 89.284
2. 90.241
Stop Loss
1. 88.703
cadjpy buy position hi .i have some idea to buy cad jpy with low risk .but i wait to see return pattern in lower timeframe.
I specified in the picture
this not a financial advise
CADJPY WILL GO LONG NEXT WEEKthis is my view next week on CADJPY i will wait for confirmation on small time frames to take long entry
CADJPY / RETEST COMPLETE / LONGIn my opinion CADJPY is getting ready to go long to resistance of 94.100
We can see the big buillish move that happened recently and now price is testing the daily highs that were broken - Im waiting to see a larger rejection before entering a position to go long
CAD/JPY: Buyers Responsive Movement! What’s up guys and welcome to my profile, my name is Gianni and today I’m going to analyse the CAD/JPY, trying to translate the market information with a full technical analysis on different time frames perspectives.
For a better understanding of my bullish bias, let’s have a quick look on the monthly timeframe:
After the last bullish impulse, the market got a retracement, reaching a strong support level and retesting it during the current month.
Switching to the weekly timeframe:
The market got a good rejection on the support level but considering the long shadow on the last green candle, I could expect the presence of supply between the level 91.000 and 90.000, with a possibility of consolidation before the market movement.
Overall the market is making HHs and HLs, then the perspective is still bullish.
On the daily timeframe:
The market got a retracement of its previous bullish impulse with a clear rejection around the 0.618% of Fibonacci.
Finally back on the 4h timeframe:
The market has been following a descending channel until an initiative bearish pressure broke the channel to the downside.
On the weekly support the market got an increasing of demand and a strong responsive movement from the presence of buyers on the support level.
The price retraced back after the impulse around the 0.50% of Fibonacci and it’s currently retesting a local resistance turned into support.
Obviously the price is still inside the channel and before to plan my long position in this trade I would wait a breakout of the channel to the upside with a bullish price action and an entry point with a RRR of 1:2 or greater.
If you enjoy this trade idea, support my work with a thumb up and don’t forget to follow my profile for more detailed technical analyses!
Trade safe and responsibly,
Gianni
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose
CadJpy could rise 200 pipsThe long-term trend for CadJpy is clearly up, and at this moment, the correction started at the end of October looks done.
The pair found strong support in 89 zone, a zone that acted as support or resistance multiple times in the past.
As long as the pair stays above this zone I expect a new leg up and the first target can be 200 pips above, at 91.50 zone.
A break of this resistance would expose the recent high.
Buy dips can be a good choise
