Selling CAD against YenA third possible lower high in a row, followed by breaking of fibonacci support level with strong bearish candlestick are a good entry point for bears in this trade
Cadjpyshort
CADJPY SHORT - DOWNSIDE CONTINUATION!Waiting for a pullback into 97.799 to short CADPY back down to swing lows at 94.769
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capjpy shorthey everyone... looking at weekly tf.. the cadjpy looks very bearish and it will continue going bearish until it reaches its support area around 92-90...it could pull back from the support area which most likely be low high since the price is below 200ma.. indicator in day tf showing bearish divergences
good luck
CADJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective of CADJPY .
Here we are bearish from H1 & H4 timeframes perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bearish orderblock.
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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
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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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Short On CADJPYAs you can see in this smc analysis we have a pullback to the supply zoon after a change of character.
CADJPY SHORT from a nice area of resistance IF we get a breakoutHere is another potential trade idea on CADJPY IF we see a breakout from the triangle that is forming. This triangle is forming after a good run to the upside, at a strong resistance level. So, if we see a breakout to the downside, this would be a very attractive trading opportunity, as price may be heading towards a lower low.
CAD/JPY Short...CAD/JPY ... This is not signal... Dont risk more than 3% of your account on any trade...
CADJPY, Classic Double Top SetupLooking for a sell opportunity around the 99.30 range. Price is correctively moving towards an area of interest which could see react to a double top.
Look for an entry that fits your trading plan.
Thanks
Trade Safe
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.
CADJPY Bear Trend
Following Simple Dow Theory
Making LL and LH
Plan SHORT
Entry @ 95.800 (last LL)
TP @ 93
SL @ 99.5
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 ...
CADJPY - Retracement expected ✅Hello traders!
‼️ This is my analysis on CADJPY .
Here we are bearish from daily perspective, so I am looking for shorts. Now I expect price to reject from bullish orderblock and to make a retracement and to open a short position if price rejects from bearish orderblock.
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M Formation on CADJPY target hit - Still bearish M Formation target hit on the CADJPY
The moving averages are still very bearish with 200 > 21 > 7 MA
Bearish bias still
We need to wait for the next pattern to form before we take another position
CADJPY SHORTthe JPY is trying bring back strength to the yen and CAD is seeing some serious bearishness to its dollar
CADJPY BEARISH BIASCurrently on the 4HTF, price have been making a series of lower highs and lower lows which signifies a bearish trend, in conjunction with this also price is breaking structure and retesting it. So I'm looking forward for a retest of the previous support level before going lower to the recent support.
You can also share your view on this.
I'm open to ideas.
CADJPY Sell !The pair got pushed down from the 103.412 pivot line and is now also done with the restest ready to move all the way down to its next Target 101.379 !!
The move is further strengthened by 50 and 200 EMAs pointing down on the daily and 4-H timeframe !
My final Traget for the pair is 101.4 !
20 Reason for Sell CADJPY 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Sideways Since 1998
2 📆Monthly: Rejected at upper range level
3 📅Weekly: a clear choice formatted price goes down
4 🕛Daily: Made 2 higher low and lower low clear bear structure
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bear
6: 2 Pattern Candle Chart: Momentum candles /Support breakout M pattern is also completed
7: 3 Volume: High volume inside the trend
8: 4 Momentum UNCONVENTIONAL Rsi: Below 40 super bearish shift range from sideways to bear
9: 5 Volatility measure Bollinger bands: Walking on the band and now start for down 2 2nd wave
10: 6 Strength ADX: the bear is in power
11: 7 Sentiment ROC: clear JPY is weaker than CAD, but this time, JPY are in correction MOOD
✔️ Entry Time Frame: h4
12: Entry TF Structure: bear
13: entry move: move is Corrective
14: Support resistance base: FVG/OB
15: FIB: Wait
☑️ final comments: Sell
16: 💡decision: Short
17: 🚀Entry: 103.515
18: ✋Stop losel:104.548
19: 🎯Take profit:97.263
20: 😊Risk to reward Ratio: 1:6
🕛 Excepted Duration:30
CADJPY Will Fall! CAD-JPY broke a key horizontal level
and rising support line Then went up to retest it
And now we are already seeing
A bearish reaction so I am bearish biased
And I think that the pair will go down
CADJPY - Short from bearish orderblock ✅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 a retracement and then to reject from bearish orderblock + institutional big figure 108.000.
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CADJPY: BEARISH Market Analysis! Watching for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the CADJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
Since a while, this market has been moving and rising up inside a big corrective structure, but enable to break the high of September, it gave us a clue of losing of momentum, confirmed in lower time frame by the formation of an expanding structure broke to the downside.
The impulsive phase looks started already, breaking the main HTF corrective structure and currently consolidating, eventually for the next impulsive phase.
When, where and why would we step into the market?
The general bias for JPY pairs, is still quite bearish according with our view, then we will be looking only for short positions.
The market reached the bottom of the structure and if the further breakout and continuation will be confirmed, we will definitely enter CADJPY, targeting the next level at about 102.500.
However, we don’t exclude the possibility of reverse, so with no confirmation, no entry.
Just another little tips, CAD news on the calendar, so be carefully If you are entering this market!
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Sincerely,
Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
