JPYCAD trade ideas
CADJPY POICADJPY Is on a bullish direction, it broke structure to the up at 111.443 and then retraced back Fibonacci level of 0.618.
Why re-tracing the Fibonacci level of 0.618 it also broke an internal structure at 111.453 to the up, giving a stronger confirmation of a buy at 111.401, stop lost at 111.319 take profit at 111.537
CADJPY - BULLISH TREND IN 1 hr TIMEFRAMECADJPY - BULLISH TREND IN 1 hr TIMEFRAME.
Printing multiple HH and HL.
It is expected that bullish trend will continue further in near future.
cad/jpy sellas you can see price broke a strong level of support and made a retracement. wait for entry signal on lower tf. Good luck!
CADJPY Update: Buying Opportunity IdentifiedTrade Setup:
Pair: CADJPY
Entry: Buy Limit at 111.16
Initial Stop-Loss: 110.84
Risk Exposure: 32 pips
Analysis:
Earlier, we discussed the potential buying opportunity on CADJPY, and now we have our candlestick confirmation. As a risk-conscious trader, I'm waiting for a retracement before entering the market.
Trade Management:
- Buy Limit: Set at 111.16 to enter the market at a favorable price.
- Stop-Loss: Positioned at 110.84 to manage risk exposure.
- Risk Comparison: By using a Buy Limit, I'm limiting my risk to 32 pips, compared to traders entering at the current market price, who face 48 pips of risk.
Risk Management:
- Always prioritize risk management to protect capital.
- Adjust position sizes to align with risk tolerance and trading strategy.
Your Thoughts?
Are you also eyeing CADJPY for a buying opportunity? Share your insights and trading strategies in the comments below!
👍 Like if you found this update helpful! Stay tuned for more trade ideas and analysis. Trading involves risk, so be sure to conduct your own analysis before making any decisions.
CAD/JPY would be in an important breakout point in long termIn a very very long term time frame (Monthly), the JPY pairs could be in a very important breakout position and time now! and maybe really need to watch out!
The price has touched and closing to two long term channels pressure lines crossing area. If this time, it could be able to break out to North, then, it is break out two long term pressure lines and the power should be very strong.
The timing is clearly cut the chart into 4 pieces, and the price has clear turning in each time line. Now, it is in the fourth time movement period and the current direction is going to North.
So, in a long long term strategy, the JPY pairs could be going North for long time until year of 2033 and the target position is previous high around 227.
In short term, the price is showing intension to break out the pressure lines.
Further, since the predication period is too long, it is only for main direction analysis and daily trade still need to focus on shorter time frame.
CADJPY Bearish Side Heist PlanDear Pro,Legend,Noob Traders,
This is our master plan to Heist Bearish side of CAD/JPY Market. Guys U can enter at my entry area or below, Our target is Dangerous area. Day Robbers loot and escape end of the day in this market, Swing Robbers can stay with us We can escape near the Target area.
CADJPY Long TradeCADJPY is in a long term uptrend and in a short term correction. Price has just broken to the upside so I’ve entered long with a TP & SL
CADJPY POSSIBLE SELL OPPORTUNITY At the moment , Price just hit the upper resistant line of a rising channel in m15. This signals a sell opportunity.
Target is 111.359
M15 timeframe look more bearish
CAD JPY PRICE WILL BE MOVE UPWARD TILL 111.681 PRICE TAKE LONG CAD JPY PRICE will be MOVE UPWARD TILL 111.681 price take a LONG ENTRY, follow for more live updates @FOREX_TRADER_007
AUD/JPY Short, EUR/JPY Short and CAD/JPY ShortAUD/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
EUR/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
CAD/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
CAD JPY - Bearish Pattern showing in 1hr timeframe.Its showing Lower lows and Lower highs in an hourly time frame.
CADJPY SELL OPPORTUNITYI analysed it, There is sell opportunity for CADJPY at market price and Price should go
down to 110
Enter Price 111.400 - 111.500
Target - 110.500 - 110.200
SL 111.900
This is my analysis for CADJPY
CADJPY WEEKLY OUTLOOK WITH A POSSIBLE DRAW TO THE UPSIDE.Buyers retain their bullish strength around 108.731 as it tested a trend line. This shows that there’s still an opportunity for buyers to push the price higher.
A buy opportunity in a envisaged and the target price for buy is 116.021
CADJPY-Bearish TrendAfter Bearish divergence in distribution phase, CADJPY is in bearish trend making LL and LHs.
Entry: 111.192
SL: 111.742
TP-1: 110.547
CADJPY SELL FX:CADJPY
Over the course of this week, CADJPY has demonstrated a consistent uptrend. However, there is a possibility of a pullback, which might lead to a retest of the 23.6 level before the upward trend continues. To take advantage of this market movement, we will closely monitor the trendline and wait for a bounce to retest our sell entry.
Alternative Scenario:
Depending on the strength of the support level at the 38.2, this pair may have the momentum it needs to break above the highs.
CADJPY: Bullish Forecast & Bullish Scenario
Balance of buyers and sellers on the CADJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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BUY CADJPY ON DIPS!!!HELLO TRADERS !!
As I can see this pair is now tested a strong support zone which is a very low risk entry for longs.
CADJPY is still going to move more higher than predicted level on weekly based timeframe friends it's just a trade idea share Ur thoughts with us it helps many other traders.
Stay Tuned for more updates!
CADJPY HEADING DOWNAs we can see that Evening start pattern has been formed at the resistance trendline with the confluence of resistance in CADJPY on Daily timeframe so it is a high probability swing trade.
Target - 109
CAD/JPY SHORT FROM RESISTANCE
Hello,Friends!
Bearish trend on CAD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 110.959.
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CADJPY-SELL strategy 4-hourly chartAs mentioned yesterday, the pair is posed to move lower, and likely we may see 110.80 area.
For now, stochastic negative. and we broke GANN support, hence we are en rou8te south.
Strategy SELL @ 111.78-111.90 and place SL above 112.27, or keep yesterday strategy in tact. Profit order @ 111.07.
