CAD/JPY - Awaiting Symmetric Triangle Breakout
Symmetric Triangle formation observed.
Possible breakout on either side.
Key resistance at 108.84 and 112.08.
Supports to watch at 106.20 and 104.22.
JPYCAD trade ideas
CADJPY TRADE IDEA
✅Pair Name: CADJPY
✔ Classic RANGING formation
CADJPY is holding CONSOLIDATION ZONE . CADJPY is now in the range, so we have to wait for the market to retrace in the direction of the break.so after market retracement I can take buy OR Sell entry. If your analysis matches it take a trade otherwise skip the trade.
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CADJPY - In Bearish TrendCADJPY is in Bearish trend. Entry is clearly mentioned on chart with tp & SL.
CADJPY1.CADJPY has been on an uptrend for a while now.
2.The price was forming higher highs and higher lows on the uptrend move.
3.The price then managed to react from an H1 ORDER BLOCK.
4.We then waited for the price to react on an M15 time as way to getting an early entry point.
5.The M15 market structure has been broken as indicated from the above chat.
6.We then waited for the price to return back to the M15OB that caused the market structure break.
7.The price managed to return back to the M15 OB.
8.We SELL CADJPY
Buy CADJPYthere is channel that has formed, the price has been in consolidation for a long time, there is gonna be a breakout, retest and a pefect opportunity to go long, dont miss it
my outlook on cadjpy from 3M TIME FRAME TO DAILY time frameCJ has just broke the major support that held the market as a bullish trade ,on higher time frames cadjpy has retraiced at fib 88 of the prev hh on 3m tf, the market has significantly form new lows regarding breaking of the structure ..on my view ill be waiting for retaivement at fib 78..having a bearish trade
CADJPY Possible Short Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - Entry in MAHI
Note:
* Cancel trade or cut-loss when candle close Above MAHI (2 Green 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 LONG UNTIL BUY MONTHLYFrom 4h take long to "BM" and in 6 week it will reach top "Sell Weekly"
Selling CADJPYHello traders!! I've been looking forward to buy JPY for a while now and I think now is finally the time. Let's dive deep
This trade is based on the continuation of this downtrend
This is not my first time taking this trade, I took it before but it ended up hitting my trail SL.
We have been struggling to break this trendline but I think now it is time. Please traders be careful of the fakeouts.
Even when we look at our EMA we can se that the market has been in a range for quite some time now.
CADJPY "Loonie yen" Bank Bearish Robbery Plan on Short sideOla Hola Robbers / Traders,
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Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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CADJPY1.CADJPY is reacted off of the support and resistance trendline.
2.We have managed to identify the last reaction as it is inline with the supply zone of the previoud Lower High.
3.We placed our Sells, hopping that the price will drop.
4.We Sell CADJPY
SELL ON CADJPYgood sell opportunity for this week on CADJPY 107.451 down towards 105.00 before a new BUYING trends form.
CADJPY Price AnalysisCADJPY Price Analysis
Technical Analysis:
CADJPY broke out of an ascending channel signaling the start of a bearish wave.
If all goes well, we can see that CADJPY should start to move lower.
The first support zone is found near 105.50 which corresponds to a strong zone.
If this zone doesn't stop the price then CADJPY should continue to move lower to 104.40 and a maximum of 103.00
The Japanese yen advances as traders expect the BoJ to implement another rate hike in the near term.
The US Dollar loses ground as dovish Fedspeak raises odds of a Fed rate cut in September.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
CADJPY: Breakout & Demand Zone📈CADJPY surpassed and closed above a strong horizontal resistance cluster on a daily basis, as well as a significant descending trend line.
The violated vertical and horizontal formations now form an expanding area of demand.
I anticipate a bullish trend to emerge from the highlighted blue region, with a target set at 110.00.
CADJPY for buy.CADJPY wants to continue it's uptrend on the weekly timeframe and we see a bullish trendline + support and a bullish harami pattern. Buys all the way.
CADJPY Long Burgain HuntingCADJPY Long Burgain Hunting
- Price is above 15 period Hull Moving Average
- Burgain Hunting entry
- R:R 5:1
CADJPY for buyCadchf is on the bullish continuation of the monthly timeframe. Wait for retest and candle confirmation on the last broken zone.
Trade idea for CAD/JPYOkay so when we look at the chart we can see that the price is moving in some sort of zone for now.
What I want to do is get in a short position right at the top of the zone.
SELL LIMIT
Entry: 107.692
SL: 108.018
TP: 106.962
R/R: 2.25%
cadjpySooner o later this pair needs to go down to fill the FVG.
And also because weekly and daily is still bearing.
thks, blessings.
