Cadjpyshort
CADJPY - back to basicsKeep it simple, back to basics.... whatever you want to call it, this chart is saying everything we need to know. A series of LH and LL or a break of structure - either way the message is clear.
You can go short right away, or on break of trendline or the s/r zone - depends on your trading style/risk tolerance.
Being prepared for the unexpected is a good idea in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
What do you think about this trade idea? Please comment and share your thoughts!!
Sell CADJPY Bearish Channel The CAD/JPY pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours.
Sell Entry: Consider entering a short position around the current price of 111.46, positioned close to the channel resistance. This offers an entry point near a potential reversal zone.
Target Levels: Initial bearish targets lie at the support levels of 111.07 and 110.82, marking previous support zones within the channel.
Stop-Loss: To manage risk, place a stop-loss order above the broken channel resistance line at 111.70. This helps limit potential losses if the trend unexpectedly reverses.
Thank You.
Capitalizing on CAD/JPY: Seizing Selling Opportunities Amid ExteHey traders,
Let's talk about CAD/JPY and the lucrative selling opportunities it presents amidst changing external liquidity conditions.
With two significant liquidity takeouts, the market is signaling potential turbulence. It's a critical time to adapt your strategy and capitalize on selling opportunities.
Utilizing the SIBI analysis:
Strength: Evaluate the strength of CAD and JPY individually, looking at economic data and market sentiment.
Interest: Assess market interest in CAD/JPY through trading volumes and sentiment indicators.
Balance: Gauge the balance between supply and demand, watching key levels and chart patterns.
Imbalance: Identify any market imbalances that could favor selling, such as overbought conditions or divergences.
If you're eyeing a sell position, wait for confirmation signals that align with your strategy. Manage your risk diligently and stay disciplined.
Remember, trading carries risk. This analysis serves for informational purposes only. Good luck out there!
Cadjpy : Sell ZoneA very warm welcome to new followers,
This is my gift to you : Two side trade on this currency.
First one :
Sell at : 111.67----111.70
Stop loss : 111.86
Target :111.06......110.78
Use a good stop loss to keep safe your money.
Put your valuable comment , follow and share
Have a great trading week
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
CADJPY - Potential long ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 111.000.
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CADJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity CADJPY
I still did my best and this is the most likely count for me at the moment.
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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 - Look for taking liquidity ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in an accumulation phase, so I expect we can see AMD pattern, price firstly to take buy side liquidity and then to distribute lower for sell side liquidity.
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CADJPY Short| Day Trading AnalysisHello Traders, here is the full analysis.
I expect the market to fall and short it from resistance, levels for SELL . GOOD LUCK! Great SELL opportunity CADJPY
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
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.
CADJPY - Bullish market structure ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to make a retracement and there is a confluence for a potential long if price rejects from support zone + trendline + FIBO 0.5 level.
Fundamental news: Next week on Tuesday will see results of Interest Rate in Japan and on Thursday in Canada. News with high impact on currencies, so pay attention to the results in order to validate the analysis.
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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 - Long active ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect bullish price action from here after price filled the imbalance and rejected from institutional big figure 108.000.
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SELL USDCAD
Consider selling USDCAD based on historical seasonality trends and anticipated positive monetary policy by the 2024 Federal Reserve head. Monitor seasonal patterns, economic indicators, and central bank communications. Exercise caution, implement risk management, and seek professional advice as trading carries inherent risks.
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 SELL | Day Trading AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity CADJPY
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰