CADJPY Making For Short PositionAs per Bearish Divergence and 90% Short Sentiments, This pair is possibly going to make shortShortby MahboobRazaKhan0
CAD/JPY continue with the Uptrend ☝️On CAD/JPY is nice to see strong buying reaction from the price 108.420 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptrend + Volume cluster are my mainly reason for this long trade.... Happy trading Daleby Trader_Dale1
CADJPY Remains BullishThe CADJPY is currently in a stable upward trend. Achieving a new all-time high (ATH) is only a matter of time. We maintain a bullish outlook for this currency pair. Nevertheless, we recommend exercising patience and awaiting a pullback to the 109.91 range to optimize the risk-to-reward ratio (RRR). Initiating a long position within that range and holding it until a new ATH is reached would yield a favorable RRR of approximately 2:1.Longby Ochlokrat0
Confluence of Bearish PatternsCADJPY is displaying a confluence of bearish patterns: 1. Weekly Bearish Shark Pattern: - Retest in progress. 2. Daily Type2 Bearish Gartley Pattern: - Completion aligns with the Bearish Shark on the weekly. The trader plans to wait for a confirming candle on the daily chart near the level of 110.37. Share your insights and trade plans for CADJPY!Shortby RaynLim3
analysHello, in this chart, I tried to identify the best retracement range. However, it is advisable that for trading, we first observe the initial signs of retracement at the specified point.Shortby webmoney1354116
CADJPY Technical Analysis and Trading Strategy.The CADJPY ended the previous week on a high note, suggesting a prevalence of buyer dominance. To explore potential trading opportunities, analyze the 4-hour chart where a bull flag has formed and been broken, placing us in the buying zone. The next objective is reaching TP1, and progressing towards TP2. If the area around TP1 is breached by a strong impulsive candle, there is potential to target TP2. In this scenario, it's advisable to trail your stop-loss to manage risk.Longby greatbabfx224
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. Like, comment and subscribe to be in touch with my content!Longby Snick3rSD9
CADJPY In Bullish TrendCADJPY is presently in a bullish trend, consistently forming higher highs (HHs) and higher lows (HLs) without any divergence. A precise entry has been initiated at the current market price, and the take profit (TP) has been calculated with a risk management strategy, targeting a 2% risk level.Longby MasoodAnsari111
CAD JPY Short Position Base on Volume Profile after an increasing move in the last 1/8 of the wave, we find a resistance price and set a Sell Position. it's on the Daily time frame signal and touch the second TP as soon as possible.by successfulOran598032
CADJPY Sell• Multiple 4H Rejection • Strong resistance • Price failed to close aboveShortby PineappleVodkaUpdated 2
CADJPY-SELL strategy 3-hourlyThe pair has been slightly overbought for some time now, and still it manages to remain at higher levels. we broke resistance 109.68 and it tries holding on. Stochastic has turned slightly positive, whilst RSI is overbought. Strategy SELL @ 110.00 - 110.30 and place SL above 110.55 for now and take profit @ 108.95. Shortby peterbokma3
CAD/JPY BEARS WILL DOMINATE THE MARKET|SHORT Hello,Friends! CAD/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 108.721 area. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals225
CAD.JPYHorizontal resistance and reversal patterns. The pair have hit the monthly supply zone, forming a stretched, rising wedge. The price remains in the wedge following the breakout, and we may witness a negative moment. Wait for the appropriate time and place. All XXXJPY is moving in the same way, including its major pair. We will soon witness the corrective phase at the top of the chart.Shortby JBKONLINETRADING1
CADJPY Shorts At Market Longer TermAs per the video idea price action is at a perfect place to sell, great risk reward. we've seen some lower highs and we are at a place now where it could sell off again.Short03:27by CromerKing6
Lingrid | CADJPY short from Main RESISTANCEThe market reached the main resistance zone on the 4H timeframe. Price action is losing momentum; the price is forming small candles with wicks. Also, it shows a big divergence at the resistance zone. It suggests that the market will make some pullbacks from its strong level. The price spiked up and formed a fake breakout of the level on the 4H timeframe. I expect the market to fall and short it from resistance if the market gives a signal. My goal is around the support level at 108.960 Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻Shortby Lingrid7723
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.by VishalBudhrani111
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. Like, comment and subscribe to be in touch with my content!Longby Snick3rSDUpdated 10
CADJPY SELL OPPHere's the 1 hour chart of the same analysis i just shared ,the sell opp looks good. You can jump right in and continue to adjust your stop loss to entry. Look for updates during the day... Goodluck and also share your thoughts.Shortby JawsForexGroup6
CADJPY SELLBeautiful sell opportunity ahead, the pair went and reacted as anticipated...it is advanceable to take the short position right now to avoid major drawdown. Il keep on updating you on all the trades we shared. GoodLuck and also share your thoughts.Shortby JawsForexGroup0
CADJPYCADJPY is Forming a Rising Wedge Pattern. Which Indicates a Reversal. There is a Bearish Divergence on 1H. Entry at CMP, Stop Loss 109.799 based on Resistance and TP1 is 108.861 TP2 is 108.472Shortby muhammadsufyan40001
CADJPY Trade IdeaThe CADJPY has exhibited sustained bullish momentum in recent times. However, price appears overextended currently, suggesting a potential retracement could be on the horizon. Should price dip back into the 61.8% Fibonacci retracement zone, a buy opportunity may emerge. Prior daily swing highs could act as potential target areas (as depicted on the chart). Important Disclaimer: This analysis is for educational purposes only and should not be construed as financial advice. Please conduct your own due diligence and risk management before making any trading decisions.by tradingwithanthony0
cadjpy-Previous Day candle closed bullish. If we are looking for buys we will take on until 11th jan 24 bearish candle Open. - If we are looking for sells we take on until 21 nov 23 bullish candle open. - Wait for 1 hour candle to close above or below zone. -We risk 3% of our capital. Close trades once price reverses to opposite direction and 1 hour candle closes in opposite side of the zone.by Mbugua-KeUpdated 0