CADJPY Bullish AB=CD Setup at 0.776CADJPY is showing strong bullish potential as it approaches the key 0.776 level, where an AB=CD pattern is forming. On 30 minutes we can also see a bullish divergence that can be one more confluence.
CADJPY trade ideas
CADJPY - Retest after a failed breakout??
It has been consolidated few days, tried to breakout but failed.
Retest it before the news tomorrow.
I trade this as intra-day. Never hold it overnight.
CAD/JPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
CAD/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 17H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 108.755 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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CAD/JPY At Interesting Area To Short And Get 200 Pips, Ready ?We have a very good setup to sell this pair after this amazing fake breakout and again the price respect the res again and we have a very good bearish price action at the moment , so i`m looking to sell this pair from the same res and targeting 200 pips .
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 Possible Long Position BBMA OA ReEntry Zone Zero Loss1H - Re-Entry
15m- 50 EMA Rejection + Bollinger Band
Rejection
5m - CSAK + Entry in MALO
Note:
* Cancel trade or cut-loss when candle close Below MAHI (2 Red Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
CADJPY - Instant Sell Doji candles formed on .5Fib
Major trend line below, Market will go to retest this.
cadjpy shortcadjpy is at the 0.5 fib retracemnet of its last bearish really so we make the short order instant sell and place our sl above the fib 0.786... and hope the trade will go accordingly inshallhaa
Gbpjpy for buy.Price broke out of a major resistance zone, retested it and formed a falling wedge pattern, broke it and retested the major support zone.
CAD-JPY Long From Support! Buy!
Hello,Traders!
CAD-JPY is falling down
Now but the pair will soon
Hit a horizontal support
Of 109.101 from where
A local bullish rebound
Is to be expected
Sell!
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CADJPY waiting confirmationCADJPY waiting confirmation
short bellow 108.956
long above 110.060
Targets on chart
CADJPYCADJPY overall up trend, broken the previous higher high and pulled back around 70% Fib level,(a demand zone too). Potential trend continuation and two target is marked. Hoping this will as per the plan.
CADJPY Will Collapse! SELL!
My dear followers,
This is my opinion on the CADJPY next move:
The asset is approaching an important pivot point 110.86
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 110.00
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
CADJPY LongWith H4 trend
Pattern on M15, M30 and H1
Triple bottom on M15 with divergence
45 pip stop loss
Get out at overbought
CADJPY Supply And Demand Swing Long Analysis-Price broke downward ML
-Price removed opposing pivot supply and created new HH/HL
-DBR demand created.
-Swing buyers valid with 2x Stop loss locations I would consider OR
Day-Traders can use 4hr demand as Higher timeframe and wait for new lower timeframe confirmation.
CADJPY at strong resistance in the Daily chartHistorical context: +60% up since 2020
The CAD/JPY pair has demonstrated a remarkable upward trajectory since March 2020, recording an impressive increase of over 60%. This surge can be partly attributed to Japan's prolonged monetary policy, which maintained negative interest rates while many other countries raised their rates to combat inflation following the pandemic.
Recently, the Bank of Japan signalled a significant shift in its monetary policy, indicating its intention to begin raising interest rates. This development has provided a boost to the Japanese Yen. The current pullback represents the sharpest decline observed since the onset of the uptrend in 2020, potentially signalling a change in market direction. This analysis will delve into the recent price action, loss of key support levels, and critical areas to monitor.
Technical Perspective: Key Indicators
Break Below the 200-Period Moving Average
The recent breach below the 200-period moving average signifies a weakening uptrend. This movement suggests a potential reversal in the prevailing direction, accompanied by increasing selling pressure. The 200-period moving average is often regarded as a critical threshold separating bull markets from bear markets, making a drop below this level particularly significant.
Accelerating Downward Movement
The decline observed between 10 July and 5 August marks the steepest drop in CAD/JPY since 2020. Most notably, this downturn has effectively engulfed all gains made by CAD/JPY over the previous 12 months. The acceleration of this downward movement underscores significant selling interest in the pair.
Fibonacci Analysis and Price Structure
Following the breakout of the SMA200 on the daily chart, the price has retraced to the 50% Fibonacci level of the recent downtrend. The 50% level is often viewed as a critical area of interest that can present opportunities aligned with the primary trend. The confluence of the 50% level with the 200-period moving average marks a pivotal point for sellers at this juncture.
Possible Sell Scenario
Given the breach of the 200-period moving average and the prevailing price structure indicating a potential reversal, a selling opportunity may arise if the pair continues to exhibit weakness.
A sell signal could be triggered if the price breaks below the uptrend line on the daily chart (highlighted in black). Initial targets for this sell-off could include the 23.6% Fibonacci level at 105.7, with an extended target around the 103.00 region.
A stop loss should be established if the price demonstrates a clear breakout above the range defined by the 50% Fibonacci level and the SMA200 on the daily chart, situated around 111.20.
The CAD/JPY pair is beginning to exhibit signs of exhaustion following a prolonged uptrend. The breach below the 200-period moving average and the testing of Fibonacci levels suggest a potential period of correction or reversal ahead. Close monitoring of price action around the 108.229 and 110.258 levels will be crucial in validating any potential short entries.
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CADJPY sitting on support ahead of jobs dataIntraday Update: The CADJPY is at trend line support after the rejection of the ascending channel yesterday, this is ahead of the Canadian jobs report, and a weaker number could allow for a move towards the 108.00 level.
CADJPY TRADE IDEA We are anticipaing for a BEARISH MOVEMENT on this Pair,Currently the CADs are weak, and you can confirm that from the GBPCAD and so on, secondly on this JPY, we are beginninng to see some sign of strength, while also on the CADJPY CHART, Price is sitting on a DAILY SUPPLY ZONE,we also have some H4 CANDLE CONFIRMATIONs with LTF as an Additional Confluence. You can add this to your WATCH-LIST, if this matches with your IDEA.
CADJPY SELL SETUPI have a Daily choch on the daily uptrend and a daily retest in my zone. Im waitn for a 4hr choch with a retest for a continuation down to last daily low. If there isnt a choch on the 4hr and it keeps rising, I will not enter
HAPPY TRADING EVERYONE!!!!!
CADJPY higher bearish expectations for this week
CADJPY triangle pattern breakout, price is bounce/test on strong zone, currently price in consolidation zone, trend line is breaked.
Tecnically bearish expectations here for this week.
SUP zone: 110.500/700
RES zone: 108.000, 107.000
Scenario CADJPY levels update I am proceeding further in short's understanding of the market, I just wanted to specify the levels where the most accurate turn could be achieved, this analysis is based on the previous one
Short CAD/JPY after retractionThere are some fighting in current zone and the patterns are still not really sure for short.
Maybe wait until the price retracts a little bit back to the corrected down trend channel top line area then short again with lower risky.
But if the price could break up the down trend channel top line and stand up on the line, then, the short strategy will not be active.
Short CAD/JPYThe price has touchd the previous support zone and bounced back to South. It touched the down trend channel top line area.
It is possible to go South and idea profit position is in prevous support line and down trend channel bottom line area.
CADJPY TRADE ANALYSISOn this Pair, we are anticipating for a SELL, as the CAD is weak, also the JPY has given us a Confirmation for a shift in trend to the UPSIDE, also on the CADJPY, the Trend is BEARISH,we have price at around the Supply areas with other confluences, also on the 30mins tf price has shifted its trend to the DOWNSIDE, You can add to your watch-list if this matches with your thought.
