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JAPANESE YEN / CANADIAN DOLLAR

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JPYCAD trade ideas

1 Setup everyone should know.Trading Structure can be tricky. You can see a Break of Structure (BOS), your trying to get in on retracements and just keep getting Stopped out? This will help. Trade only after a Liquidity Grab, I'm going to call this a "Grubber". After the Grubber, There must be a STRONG Impulse move which breaks Structure in the Opposite Direction, Then you have to wait for a 3 wave retracement "ABC" The "C" Wave is now your Smaller Time Frame "Grubber" Now wait for the B Wave to be broken (Smaller Time Frame IMPULSE"), This is your smaller Time Frame "BOS" The final Step is to set a Limit order on Imbalance fill.
Education
by craig.sloper.10
CADJPY → Pending a breakout of resistance. Target 114? OANDA:CADJPY on the background of global weakening of the yen forms a pre-breakdown setup against 112.26. The currency pair is preparing to strengthen. On D1 the general trend is obvious. Buyers are not going to give up and continue to press the strong limit resistance at 112.26, formed by sellers. The trend is bullish and it may continue. Fundamentally, the Japanese Yen has no positive prospects at the moment. There is a clear potential for further trend continuation on the chart due to price compression to the resistance and formation of pre-breakdown consolidation. Resistance levels: 112.26 Support levels: MA-50, 111.0 Technically as on H1, H4 and D1 everything is roughly clear. We have a high chance that the market will try to continue breaking the resistance with the purpose of its breakout. Consolidation of the price above the resistance will be a good starting point to 114.0. Regards R. Linda!
Long
by RLinda
3
⭐️ CADJPY : Swing Setup Opportunity? (Read the Caption)I've been patiently waiting for the price to break out of this highest resistance zone. Now, the structure is much clearer than before with just sideways movement. My plan is to go long when the price retraces or pulls back into the resistance zone that has been broken out. Yes, it's an RBS Zone. Breakout, Pullback, and Entry? Are you on board with this strategy? Show your support with likes and comments. Best regards, Zack
Long
by ZacksJourney
CADJPY - 4hrs ( sell Trade Target Range 180 PIP ) Pair Name : CAD/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 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 ——————————— Bearish Reversal 113.000 Area Reasons - Major Turn level - Visible Range Lvn - Major Counter Trend - Fibo Golden Zone - Day + week low Break - Fixed Range Lvn Bullish Reversal 111.200 Area Reasons - Major Turn level - Fixed Range Poc - Visible Range Hvn - Pattern Target - Channel Middle Band - Choch zone - 3 Quarter High - 2 Quarter high
Short
by GoldenEngine
CADJPY → Trade Analysis | BUY SetupHello Traders, here is the full analysis. Price reversal going up, levels for BUY . CADJPY long ! Great BUY opportunity CADJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
6
CADJPY Top-Down Analysis 22/04/20241. Daily uptrend creating higher highs and higher lows. 2. Recent impulse created a new higher high. 3. We expect a retracement before continuation. 4. 4h range breakout creating a new high. 5. Before continuation price must retrace to gather further orders. 6. A structured pullback would provide evidence towards continuation on breakout. 7. High probability setup when trading with the trend. 8. Heavily tested strategy with a known success rate.
Long
by DCM_Markets
Short Opportunity on CAD/JPY: Clear Bearish SetupIn this trading idea, we're looking at a compelling short opportunity on CAD/JPY (Canadian Dollar/Japanese Yen) with defined entry, stop loss, and target levels. Entry: 112.643 Stop Loss: 112.860 Target: 111.800 Technical Rationale: The CAD/JPY pair has shown signs of weakness with a clear downward trend. Entry at 112.643 aligns with the current bearish momentum, offering a favorable risk-reward setup. Stop loss at 112.860 is placed to manage risk in case of unexpected market movements. Target set at 111.800 indicates a potential area of support where price could reverse or consolidate. Risk Management: Always adhere to proper risk management practices and adjust position sizing accordingly. This setup is based on technical analysis, and market conditions may change. Monitor the trade closely for any developments that could affect the trade's outcome. Remember to do your own analysis and ensure the trade fits your risk tolerance and trading strategy. Happy trading! 📉
Short
by blendxemini
CADJPY A Fall Expected! SELL! My dear subscribers, This is my opinion on the CADJPY next move: The instrument tests an important psychological level 112.77 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 112.16 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
CADJPY Will Move Higher! Long! Here is our detailed technical review for CADJPY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 112.406. Taking into consideration the structure & trend analysis, I believe that the market will reach 112.972 level soon. P.S Overbought 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!
Long
by SignalProvider
1
CADJPY Technical Analysis! SELL! My dear subscribers, CADJPY looks like it will make a good move, and here are the details: The market is trading on 112.22 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 111.77 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1