CADJPY-SHORTCADJPY was trading in a bullish channel,now a top has been formed at the H4 and its seems that now the bullish channel will break with a short oppurtunity at the break of neckline.
CADJPY trade ideas
Bearish drop?CAD/JPY is rising towards the pivot which acts as an overlap resistance that lines up with the 23.6% Fibonacci retracement and could drop to the 1st support which has been identified as a pullback support.
Pivot: 107.30
1st Support: 104.85
1st Resistance: 108.95
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short sell/ downtrendmy quick simple analysis on CADJPY which shows a short movement, as we can see the price is making Impulsive and retracement movement, and now it's retesting the new resistance
CADJPY: Important Breakout 🇨🇦🇯🇵
CADJPY broke and closed below a key daily horizontal support.
After a breakout, the broken structure turned into a resistance.
With a high probability, the market will continue falling
and reach 105.37 level soon.
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CADJPY Long -In line with my JPY asset analysis.
this is a counter trend idea. looking for price to hold this POC to take it all the way up to the November VA. very small trade to start with. will look to piece in if price confirms this idea.
CAD/JPY Short Setup – Bearish Continuation ExpectedI’m observing a potential bearish continuation on CAD/JPY. The pair has recently broken key support levels and is trading below the 200 MA on the 4H chart, signaling strong downward momentum.
Key Analysis
Resistance Levels: The price is expected to retest the zone around 108-108.15, which could act as a strong resistance. If the price reject that level, then I will ENTER SHORT. Failing this, I am not entering.
Support Levels: The first target is near 105.8–106.0. If broken, the price may head toward the 104.0–105.0 range.
Confluence Factors: Weakness in CAD due to declining oil prices and risk-off sentiment could drive this move. JPY strength may increase as a safe-haven currency amid market uncertainty.
Risk Management: Stop-Loss: Above the 108.5 resistance zone. Take-Profit: Incremental levels around 106.0 and 104.5.
CAD/JPY Short Setup – Bearish Continuation ExpectedI’m observing a potential bearish continuation on CAD/JPY. The pair has recently broken key support levels and is trading below the 200 MA on the 4H chart, signaling strong downward momentum.
Key Analysis
Resistance Levels: The price is expected to retest the zone around 108-108.15, which could act as a strong resistance. If the price reject that level, then I will ENTER SHORT. Failing this, I am not entering.
Support Levels: The first target is near 105.8–106.0. If broken, the price may head toward the 104.0–105.0 range.
Confluence Factors: Weakness in CAD due to declining oil prices and risk-off sentiment could drive this move. JPY strength may increase as a safe-haven currency amid market uncertainty.
Risk Management: Stop-Loss: Above the 108.5 resistance zone. Take-Profit: Incremental levels around 106.0 and 104.5.
CADJPYCADJPY
The potential sell scenario for the pair next week:
The pair is to be monitored as it approaches the designated sell zones on the chart.
CADJPY - Short from bearish order block !!Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to continue the retracement to fill that huge imbalance higher and then to reject from bearish OB + institutional big figure 108.000.
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Understanding Trends and Waves in TradingIntroduction
In trading education, recognising price movements is crucial. Prices move in trends, and these trends move in waves. Understanding these waves is essential for successful trading.
The Two Types of Waves
Impulsive/Primary Trend
Comprises a minimum of five waves.
Dictates the overall direction of price movement.
Corrective/Secondary Trend
Comprises a maximum of three waves.
Provides insights into the ongoing trend.
This phase is the most critical for traders to master.
Conclusion
To trade successfully in a trending market, it’s vital to learn how to accurately count waves. Mastering this skill can significantly enhance your trading decisions. Best wishes for your trading success!
CADJPY - Bearish - 1HFollowing are the factors for Bearish Trend Continuation:
0. INDEXES are Bearish
1. TREND: Bearish -1
2. DIVERGENCE: None
3. PATTERN: Bearish Flag -1
4. HARMONIC: ABCD -1
LIVE MARKET ANALYSIS & TRADE IDEAS: USDJPY, GBPUSD, GBPAUD & CJHello Traders,
Starting off early today with a big shout out to @TradingView for their continuous improvements to the platform and the valuable tools they provide to the trading community. Well done!
Here’s my analysis for today:
USDJPY H4
The USDJPY has formed a Momentum Low, signalling a potential trend reset. The underlying trend remains bullish on this timeframe.
Expectation: Increased buying activity is anticipated from the current price level.
GBPAUD H4
The GBPAUD is trading within a 915-pip range. Inside this range, price fluctuations create highs and lows. Applying the range trading principle—buy low, sell high—recent price action shows a bullish wave structure completed on the smaller timeframe following a rally from the Momentum Low.
Current Observation: A trend reset is occurring on the smaller timeframe, breaking below 1.9508.
Trading Approach: Look for a failure to make a Lower Low (LL) on the 5-minute chart and seek opportunities to trade to the upside.
GBPUSD H4
The GBPUSD remains in a downtrend on the H4 timeframe. However, a significant reset has occurred, forming Structure 4 at 1.2714.
Ideal Trade: The preferred strategy is to sell GBPUSD. However, based on wave structure analysis on the lower timeframe, the price is not yet primed for a bearish move.
CADJPY H4
The CADJPY exhibits similar behaviour to the USDJPY, with a recent dip below the previous Momentum Low. Yesterday, a bullish trend-changing pattern emerged.
Trading Opportunity: Look for buying setups above 107.46 based on the current price action.
Wishing you successful trades and a blessed weekend!
CADJPY ForecastAiming for some higher highs before big reversal with incoming 25 bps rate cut by the BoC and 10 bps rate hikes by BoJ.
Don't get caught in Longs!
CAD_JPY BEARISH BIAS|SHORT|
✅CAD_JPY will keep falling
Because the pair is in the downtrend
And recently broke the key level of 108.000
So we will be expecting
Bearish continuation
LONG🚀
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CADJPYCADJPY Has brokern out of a prolonged consolidation channel, clearing downside liquidity and signaling a shift in the market sentimnet. the bearish candles forming after the breakdown suggest increasing selling side momentum with trendline liquidity now being targeted. this move confirms a bearish bias , as the pair seeks to test lower support zones and exploit the liquidity resting below key levels.
CADJPY: Long Trade Explained
CADJPY
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy CADJPY
Entry - 108.37
Stop - 107.60
Take - 109.73
Our Risk - 1%
Start protection of your profits from lower levels
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Short CAD-JPYCAD-JPY break their last HL, and make thier new LL
now, currently going to make LH and then go to make
new LL. if hitt Sell limit on 109.512 and stoploss at 111.817
my first tp is 107.151....What do you think guys
Possible Trade for CAD/JPYMy point of view is one more leg down to complete ABC, then up again to 1.41 to 1.618 area
CADJPY: Pullback Trade From Key Level 🇨🇦🇯🇵
One more pair that looks nice for buying from a key support is CADJPY.
After a test of a significant daily structure, the price formed a cup & handle pattern.
Bullish breakout of its neckline is a strong bullish confirmation.
Chances are high that the pair will continue rising and reach 108.52 level soon.
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CADJPY may enter into bullish phaseCADJPY may enter into bullish phase
In seasonal trends, late November typically supports bullish momentum in the CAD. Commitment of Traders (COT) data indicates an increase in CAD/JPY, with non-commercial flip data favoring CAD's strength. Overall, endogenous factors sentiments currently show greater support for CAD compared to JPY. However, CAD's endogenous factors are declining at a faster rate than JPY's. On the other hand, exogenous factors and leading economic indicators are strengthening CAD/JPY. Specifically, exogenous factors are on the rise, driven by an improvement in the balance of payments for CAD/JPY.
Monthly CLS manipulation - Distribution phase 300 pips shortMonthly CLS manipulation - Distribution phase 300 pips short. I didn't catch the best entry but there will be pullback opportunities on the way down. I will trade Shorts on the pullbacks above CLS ranges.
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of all markets.
CLS operates in specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become a better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
CAD/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
CAD/JPY is making a bearish pullback on the 6H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 109.933 level.
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CADJPY Possible Trade idea After a bullish break of structure, the Lux inducator can identify
a discounted price for long positions targeting the newly created swing high
*CADJPY is in a bullish trend and current structure is counter trend
