CADJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity CADJPY
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Cadjpyshort
CADJPY following the Friend in a upcoming downward trend As i have posted few jpy pairs analysis few days back for short similarly got the setup in CADJPY for short , seems jpy is about to give a solid upward momentum, which will drag all JPY cross pairs towards downside movements. so i am following to short the cadjpy pair at or above 108.30 level with the target of 104.20 level with a solid stoploss at 111.15
the risk reward for this trade setup is 1:1.5 as this is a HTF short setup it will defiantly going to take time to pan out. keep patience and have fun .
Happy New Year
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Rizwan Ali
Accel Equity: Mark of Core Research
CADJPY SELLCADJPY is currently descending from the lower high area of the channel on the 4-hour timeframe chart. Additionally, there's a breakout on a minor bullish channel observed in the 1-hour timeframe.
📉 Expectations:
Anticipate the pair to re-test key support levels, as highlighted in the attached chart.
📊 Trading Strategy:
This trade is a long-term position, combining technical analysis and candlestick patterns. Ensure sufficient margin to manage market fluctuations and implement proper risk management aligned with your account size.
🚦 Trading Rules:
1️⃣ Rule 1:
When the market hits Target 1, consider closing some positions or move your STOP LOSS to ENTRY price for safe trading.
2️⃣ Rule 2:
After reaching Target 1, avoid placing new trades based on the same signal/alert.
3️⃣ Rule 3:
If the market consolidates for more than 2 days, close the trade and patiently wait for the next favorable trading opportunity.
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CADJPYThe market has breached below the support overlap, signaling a potential reversal towards the take-profit level.
To take advantage of the increasing selling pressure, it is advisable to initiate a sell position at 106.996, aligning with the resistance overlap.
Recognize the support level at 105.413 as a point for a potential pullback.
Caution is advised when trading Forex with margin, as it involves significant risk and may not be suitable for all investors. Exercise prudence.
CADJPY Analysis. Swing trade signal.Hello everyone. i want share my idea about CADJPY.
We have some interesting forex pair at the chart. JPY was pretty bearish long time but what we see now we have some bullish moves at JPY index after big bearish move. for that i decide to try short most pairs versus JPY.
At the pair with technique analysis we have some trend change moves, price action broke some support which is now resistance, after big fall price only had huge reaction at daily support but it didn't tested twice and with one touch which strong low came up, but price has reaction at Fibonacci 61.80 LVL, at this point it made some liquidity and if we look at lower timeframe we got some strong sellers. If we look at JPY index its look pretty bullish this index broke some resistances and with slow movement testing it where its getting rejection from buyers.
For my trade i have some scenes where i am right and wrong.
Scene 1 - in this scene price getting strong seller, its coming strong downside which brake daily support and test second time daily support at 104.5.
Scene 2 - we don t have enough seller, for that market maker make fake brake out where it will take lot of stop orders and new sellers will drop price stronger.
Scene 3 - price still going upside brake 4h resistance testing it and touch to my stop loss in this scene i am wrong.
Always make your own research and manage your risk!!!
cadjpy sell signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
CADJPY H1 / POSSIBLE SHORT OPPORTUNITY UNTIL THE PRICE 106.500✅ Hello Traders!
This is my perspective for CADJPY H1. Taking into consideration that JPY Basket is now very strong, I expect a bearish move until the price of 106.500. Below we have a strong resistance level at the price of 106.200 with aproximations.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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CADJPY - Potential short ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking only for shorts. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 107.000.
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CADJPY I Potential bearish trend continuation Welcome back! Let me know your thoughts in the comments!
** CADJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Exploring the Impact of CBDC on Forex Trading in CanadaI am reaching out to discuss an intriguing topic that has been gaining significant attention in the financial realm: the potential impact of Central Bank Digital Currency (CBDC) on forex trading in Canada.
As you may be aware, the introduction of CBDC has sparked numerous discussions and debates among forex traders. The purpose of this idea is to delve into the concerns raised by these traders and shed light on how the implementation of CBDC could potentially affect their trading strategies, market liquidity, and overall dynamics of the forex market.
Forex traders have expressed several apprehensions regarding the introduction of CBDC. Firstly, they are concerned about the potential disruption to their trading strategies. Since CBDC would be a digital representation of the national currency, traders fear that its introduction could alter the existing forex market dynamics, making their current strategies less effective or even obsolete.
Moreover, market liquidity is another aspect that traders are closely monitoring. The introduction of CBDC could potentially impact the liquidity of the forex market, as it may attract a significant portion of trading volume towards this new digital currency. This shift in liquidity could have implications for traders who rely on the current market conditions and liquidity levels to execute their trades effectively.
Furthermore, the overall dynamics of the forex market might experience some changes with the introduction of CBDC. Traders are concerned about potential shifts in exchange rates, volatility, and the relationship between different currency pairs. These changes could create uncertainties and challenges for traders who have built their strategies based on the existing market dynamics.
In conclusion, the potential implications of CBDC on forex trading in Canada have raised valid concerns among traders. The impact on trading strategies, market liquidity, and overall forex market dynamics are critical factors that need to be carefully considered. Understanding these concerns and their potential consequences is crucial for traders and policymakers alike.
cointelegraph.com
CADJPY LONG TERM TRADING IDEAHello Traders
In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET
today CADJPY analysis 👆
🟢This Chart includes_ (CADJPY market update)
🟢What is The Next Opportunity on CADJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts