CADJPYWeekly trend still bearish, so good opportunity to look for sell options.
Be carefull tomorrow with interest rates of CAD.
THKS.
CADJPY trade ideas
CAD/JPY SHORTCAD/JPY SHORT " break of structure + 72%fib retracement + 50 ema dynamic resistance + supply area "
CAD/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
Previous week’s red candle means that for us the CAD/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 108.830.
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CAD/JPY "Loonie Yen" Bank Bearish Robbery Plan on Short sideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist CADJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 1h 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.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
CADJPY ShortI am looking for a short opportunity on this particular pair, and I will only get into the position only if the market gives me the criteria I stated as my rules of engagement.
CADJPYIf this breaks the 4 hour support level then I cannot see this going up for now but I also don’t think it will drop straight to the next level without momentum
CADJPY SELLCADJPY possible move, as CADJPY is following a bearish trend in higher timeframes, just follow the trend and make some profits.
#HappyTrading
CADJPY BUYThe market is currently testing the current weekly structure . Based on Daily TF, the market seems to be forming a possible reversal chart pattern followed by the hammer candle.
We could see BUYERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
SELL CADJPYAs you can notice on the chart we have our BB which the market respected as usual, and now it's heading towards our target.
You still can sell and set your TP as shown on he chart.
Follow for more!
Intraday Trading Idea: CADJPY Key Support LevelHere’s an intraday setup on CADJPY that offers a learning opportunity by diving into the thought process behind the trade. Let’s break it down!
Current Overview:
- Key Support Level: CADJPY has shown support on the intraday timeframe, presenting a potential bounce scenario.
Trade Setup:
- Entry Price: 103.88
- Stop-Loss: Placed at 103.23 (include our stop-loss buffer to manage risk)
- Single Target: Since this is an intraday trade, we’re aiming for a single target instead of multiple target levels.
Strategy:
1. Understanding the Setup: The support level at 103.88 is holding, suggesting a potential entry point.
2. Risk Management: Stops are placed at 103.23, incorporating a buffer to protect against any quick moves below the support level.
3. Focus on Learning: This isn't a trading signal but a chance to understand my thought process behind identifying key levels, managing risk, and setting targets.
Final Thoughts:
Intraday trading requires a strong focus on quick analysis and swift decisions. Use this example to learn how I assess key levels, determine entry and exit points, and manage risk effectively.
What do you think of this approach? Are there any aspects you’d like to discuss or learn more about? Share your thoughts and strategies below!
Happy trading, everyone! 🚀
Unlocking Profits: Utilizing Probabilities for CADJPY LongsThe Canadian Dollar to Japanese Yen (CADJPY) pair is showing promising bullish potential, supported by several key fundamental factors:
Global Economic Recovery: As the world continues to rebound from recent economic challenges, risk appetite is increasing. This trend typically favors the Canadian Dollar over the safe-haven Japanese Yen.
Commodity Prices: With Canada being a major exporter of commodities, the recent surge in oil prices is likely to bolster the Canadian economy and, by extension, its currency.
Bank of Canada's Stance: The Bank of Canada's relatively hawkish monetary policy compared to the Bank of Japan's ultra-loose policy is creating a favorable interest rate differential for the Canadian Dollar.
Utilizing Probabilities for Long Positions
In this trade idea, I'm employing a probabilistic approach to enter long positions on CADJPY. By combining fundamental analysis with a probabilistic approach to chart reading, I aim to capitalize on the potential upside in CADJPY while maintaining a disciplined and systematic trading strategy.
12M:
2W:
1H:
CAD/JPY BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
Previous week’s red candle means that for us the CAD/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 108.419.
✅LIKE AND COMMENT MY IDEAS✅
Short trade
Thu 5th Sept 24
LND Session PM
1.00 pm (NY time)
Entry 106.013
Profit level 101.640 (4.12%)
Stop level 106.831 (0.77%)
RR 5.35
Forex Analysis London session
This a quick analysis and overview of the following pairs:
EURUSD, USDJPY,GBPUSD and CADJPY.
Most of the major pairs are waiting for the major economic news this week, so be careful take quick profits or loss and be consistent.
Happy Trading.
Go long CADJPYthe big trend is down but we can put some bait here.
R:R 1:1.41 not bad.
Always use Stoploss to protect your account.
CADJPY SWING TRADE Gonna sit on this one and trade the major supply and demand zones.
Price has been bouncing off the 104 support... looking to see 106, then 108... will revisit trade to see if we can run it all the way up to the money mouth :-)
CADJPY BEARISH SIGNAL!!!!!!CADJPY have bearish signal
check it before open orders
CADJPY have bearish signal
Multi-Timeframe Live TradingThis strategy follows a multi-timeframe approach, using the 4-hour (H4), 1-hour (H1), and 15-minute (M15) charts.
We start with the H4 timeframe, which gives us the overall market direction. It’s important to trade in line with this timeframe whenever possible.
If there’s no change in direction on the H4, we move to the H1 to guide our next trade decision. If both the H4 and H1 show no change, we continue to follow the H4 trend.
For the Tokyo session, we're focusing on CAD/JPY, which has shifted into a short-term uptrend, despite the H4 and H1 remaining in a downtrend.
The potential trade for the London session is GBP/USD, aiming to trade the end of a bearish wave on the 15-minute chart.
Happy Trading!
CAD_JPY POTENTIAL LONG|
✅CAD_JPY fell down sharply
But a strong support level was hit at 104.202
Thus as a rebound is already happening
A move up towards the target shall follow at 106.000
LONG🚀
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CAD-JPY Risky Long! Buy!
Hello,Traders!
CAD-JPY keeps falling down
But the pair will soon hit
A horizontal support
Of 104.210 from where
A local bullish rebound
Is to be expected
Buy!
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Check out other forecasts below too!
CAD JPY: Also Very Weak. Reversal Is Coming!
I posted the Chinese Yuan & Japanese Yen Short-Trade a little earlier.
Well the CAD JPY Daily Chart is almost a Carbon-copy of it. I would go so far as to say that this one is a tad weaker. Either should be a good Short-Trade. I will be on them both on Monday.
I need a break from trading Gold. Variety in your trading is the spice right! I love the explosive, fast moves in Gold so long as I'm on the right side.
I will work out a Stop Loss for this trade a bit later.
The CAD will turn around soon as the low prices will bring demand back into the Canadian -currency & it will very quickly come out of its oversold condition. Meanwhile, I am confident there is some further weakness in the currency before things start to get rosy again.
