CADJPY may has a BIG movement againLast time we hold 25 days from the bottom to the top around 600 pips, now there is a chance to hold another 25 days to catch another BIG movement.
CADJPY
CADJPY - BUYDepending on how price reacts at this daily support zone I will be looking to buy
Look for rejection wicks, engulfing candles or SMC bullish Change of characters.
CADJPY - 4hrs ( Sell Trade Target Range 240 PIP ) 💲Pair Name : CAD/JPY
🗨Time Frame : Daily
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( ↘️ Short )
Type : Mid Term Swing
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🔰Bearish Break
98.750 Area
Reasons
🔘- Major Turn level
🔘- Visible Range Value
🔘- Pattern Break Out
🔘- Trend Break
🔘- Day / Week low break
🔰Bullish Reversal
96.200 Area
Reasons
🔘- Major Turn level
🔘- Visible Range Value
🔘- Fixed Range Q / Value
🔘- 2 Q / 3 Q Low
🔘- Pattern Target
🔘- Fibo Golden
CADJPY - 4hrs ( Down + 60 PIP . Tp 1 > Full Tp 240 PIP ) Pair Name : CAD/JPY
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Long
➕ Educational
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🔰 Update - VIP Opportunity
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🔰 Down + 60 PIP.
Target Hit ( 1 )
Account Growth 7.5 %
CADJPY, Time to short again?CADJPY / 1D
hello traders, welcome bac to another market breakdown.
CADJPY is trading inside a trading range, the price seems to be deviating back inside the range. I'll look to short on the pull-back.
Trade safely,
Trader Leo.
CAD/JPY SHORT ENTRY Hey Guys!
The Weekly bias on the cad/jpy is short. Or in other words, price is likely to reach 94.06 before reaching 100.87.
Moreover, I just took an aggressive short entry. In this post I explain the reasoning for the short bias, how I entered the short entry, as well as how I plan to manage this short trade.
That's it!
I'll keep you guys updated!
Ken
USDCAD SHORT On this exchange, I have identified a very strong supply zone. The price has bounced off this zone four times, and the last two times it has produced spikes that have confirmed the zone. As soon as the price created another supply zone within the main one, I waited for the price to bounce at that point before opening a short trade.
Let me know what you think in the comments. ù
Happy trading to everyone.
CAD/JPY Volume Profile 📊 and Price action analysis 📋On CAD/JPY is nice to see strong sell-off from the price 99.88, there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
CADJPY reaching supply ZoneHere we can see that CADJPY is reaching its supply zone from the major uptrend.
with the major news coming for cad this week. i expect CADJPY to get short and reach the downside highlighted zones.
best of luck .
target remains to be 97.55
CADJPY 4hr Pullback Long1) This pair has just pushed into new highs (or) lows. We now have a pullback followed by a swing engulfing candle. That makes this a valid example of The 4hr Pullback strategy.
PAIR: CADJPY
Entry - 100.297
Stop - 99.748
Position 1 - TP @ 1:1
Position 2 - ?
CADJPY Re ShortingHey Traders,
As you will now know from following my posts / Vids.... Markets naturally oscillate.
Buyers-Sellers-Buyers-Sellers-Buyers-Sellers
A flow of power from one to the other...
Trade the SAME way.
CADJPY Is Going Down! Sell!
Here is our detailed technical review for CADJPY.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 99.970.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 99.105 level.
P.S
Oversold describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
CADJPY: Bearish Move From Key Level 🇨🇦🇯🇵
CADJPY reached a key horizontal daily resistance this week.
Analyzing the reaction of the price to that on intraday time frames,
I spotted a head & shoulders pattern and a rising channel.
The price manage to break both the neckline of h&s and a support line of the channel.
It will most likely trigger a bearish continuation.
Goals will be: 99.59 / 99.1
❤️Please, support my work with like, thank you!❤️
CADJPY - 4-hour breakdownBreakdown of horizontal corrective structure.
Possibly heading to 94.
Good luck.
CADJPY : Current Situation & Technical , Fundamental View#CADJPY
- CADJPY is currently selling after a STRUCTURE BREAK because the current MARKET SENTIMENT is NEUTRAL. Somehow, JPY is becoming somewhat STRONG. Similarly, the YEILD given by the BOJ to JP10Y increased, making the JPY STRONG.
- The reason for that is because the Central Bank of Japan did not intervene in the long term to strengthen the JPY, they are strengthening the JPY in other ways without raising the rate. Meanwhile, the price of OIL has gone down a bit, so the CAD has become very weak in the last few days. Anyway, as expected in the BOC RATE DECISION the other day, the RATE HIKE was done.
- But somehow the CANADIAN CENTRAL BANK has become HAWKISH. Therefore, CADJPY should definitely be slightly UP until the 105.00 LEVEL. Before that, there is definitely a very high possibility to sell to 98.78 LEVEL. So FOLLOW STRUCTURES. If JPY becomes strong, it can sell at 93.01 level.
