JPYCAD trade ideas
CAD/JPY SHORT FROM RESISTANCE
Hello, Friends!
CAD/JPY is making a bullish rebound on the 3H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 106.671 level.
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CADJPY LONGMarket structure bullish on HTFs 3
Entry at both Daily and Weekly AOI
Weekly rejection at AOi
Daily Rejection at AOi
Previous Structure point Daily
Daily EMA retest
Around Psychological Level 105.500
H4 Candlestick rejection
Rejection from Previous structure
Levels 3.88
Entry 110%
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CADJPY: Short Trading Opportunity
CADJPY
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell CADJPY
Entry Level - 106.89
Sl - 107.40
Tp - 105.90
Our Risk - 1%
Start protection of your profits from lower levels
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CAD/JPY Buy Setup📈 CAD/JPY Buy Setup
🕒 1H Timeframe
📍Entry: 105.30 (inside demand zone)
🎯 Target: 106.20+
I'm long CADJPY from the demand zone. Price is holding structure and showing signs of bullish intent after a clean sweep of lows. Expecting a move back toward 106.20+ as we reclaim imbalance and fill inefficiency above.
🚀 Price is inside a key reaction zone — watching for continuation if momentum holds.
#CADJPY #ForexTrade #SmartMoney #DemandZone #LiquiditySweep #SwingTrade #PriceAction
The Market Rewards the PatientLast week was probably one of the slowest weeks I’ve ever had. I found two setups, but neither one truly materialized. They just didn’t meet all the conditions in my plan. It was tough. I won’t pretend it wasn’t tempting to drop my rules and chase other strategies just so I could be in the market.
But deep down, I knew exactly what I wanted. I want to be consistent . I want to trade like a professional . So I held back. All week, I watched and waited. No trades taken. It was boring, honestly . But that boredom protected my capital.
Instead of forcing trades, I spent the entire weekend backtesting , drilling into my strategy even more. I wanted to be sure that when my moment came, I’d recognize it without hesitation.
Then this week started. I didn’t know if it would be any different, but I trusted my process and stayed ready. Eventually, one clean setup appeared. I shared it here on TradingView. I managed my risk properly , took half my usual size at just 0.5%, and let the trade run. It almost hit my stop, but I didn’t touch it. It was simple: either TP or SL .
And this time, it hit TP. A clean 1:4.
This was a powerful lesson. Following my plan didn’t just lead to a winning trade. It protected my capital all of last week when the market wasn’t offering quality setups. That patience and discipline paid off.
That’s how you build consistency. That’s how you survive long enough to catch the trades that truly matter.
CADJPY: Is the Trap Set?Price swept the liquidity below the previous day’s low and then broke structure to the upside. That’s often a strong sign that smart money just stepped in. I’m now watching for price to pull back and fill the imbalance it left after the break. If it respects that zone, there’s a good chance we’ll see it push higher toward the previous day’s high where more liquidity is waiting.
I’ve also added the 50 EMA on this chart as an extra layer of confluence. It helps me stay aligned with the overall market direction and avoid taking trades that fight the current trend.
It’s easy to get impatient here and jump in too soon, but discipline means waiting for the story to fully unfold. Trust your levels, trust the process, and remember that protecting your mental capital is just as important as protecting your trading account.
CADJPY AnalysisCADJPY is showing signs of bullish momentum after bouncing from the 106.21 support level. The structure remains within an ascending channel. If price sustains above this zone, it may retest the resistance levels at 106.620 and 107.024. A break below 105.953 could invalidate this bullish outlook.
CADJPY: Bullish Move From Support Confirmed?! 🇨🇦🇯🇵
CADJPY may bounce from a key daily horizontal support cluster.
As a confirmation signal, I spotted a bullish imbalance candle
on a 4H time frame after its deep test.
I expect a pullback to 106.65
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CAD/JPY 4H Bullish Setup – EMA Gap Up + ADX & Stoch RSI CAD/JPY 4H Bullish Setup – EMA Gap Up + ADX & Stoch RSI Confirmation
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The CAD/JPY forex pair is showing strong bullish momentum on the 4-hour chart. Here’s a breakdown of the technical factors supporting this view:
1. The price is above the 50 EMA, showing short-term bullish strength.
2. The price is also above the 200 EMA, confirming long-term upward momentum.
3. The pair has gapped up recently, signaling strong bullish interest and possible continuation.
4. The ADX indicator is confirming the trend strength, supporting the upward move.
5. The Stochastic RSI has bounced from oversold levels and given a reversal buy signal in line with the trend.
These combined signals suggest a potential bullish continuation in the CAD/JPY pair.
Disclaimer: This content is for educational purposes only and not financial advice. Always do your own analysis before trading.
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CADJPY Trading Opportunity! SELL!
My dear friends,
CADJPY looks like it will make a good move, and here are the details:
The market is trading on 106.86 pivot level.
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 - 106.29
Recommended Stop Loss - 107.19
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
CAD/JPY Bearish Trend Analysis – Key Levels to Watch CAD/JPY Bearish Trend Analysis – Key Levels to Watch
The CAD/JPY pair is currently moving in a bearish trend structure, indicating a weakening of buying pressure in the market. This suggests that sellers are gaining control, and the pair is likely to remain under downward pressure in the upcoming trading sessions. Traders should prepare for potential further declines unless a significant reversal pattern emerges.
Bearish Momentum Signals Downside Risk
Recent price action shows that the pair has been struggling to sustain upward movements, with lower highs and lower lows reinforcing the bearish bias. The weakening buying pressure is evident from the lack of strong bullish candles and diminishing volume on upward retracements. This signals that any short-term recoveries may be limited, and the downtrend could resume.
Key Support and Resistance Levels
- Downside Target: The next major support level to watch is 104.900. If selling momentum accelerates, this level could be tested in the coming sessions. A break below this support may open the door for further declines toward lower psychological levels.
- Upside Resistance: On the higher side, 106.150 stands as a critical resistance level. Any bullish retracement toward this zone could attract fresh selling pressure, keeping the bearish structure intact unless convincingly broken.
Trading Strategy Considerations
- Short Opportunities: Traders may consider short positions on pullbacks toward resistance, particularly near 106.150, with a downside target of 104.900.
- Risk Management: A break above 106.150 could invalidate the bearish outlook, signaling a possible trend reversal or consolidation. In such a scenario, stops should be adjusted accordingly.
Conclusion
The CAD/JPY pair remains bearish, with 104.900 as the next key downside target. Resistance at 106.150 is crucial for maintaining the downtrend. Traders should monitor price action around these levels for confirmation of continued bearish momentum or a potential reversal. Stay cautious and trade with disciplined risk management.
CADJPY-bias long Bullish indications:
Previous day's closing respcted .
Hammer cnadle formation in daily.
shorter time frame HHHL
Fib level 0.5 respected from today's low.
Double bottom and morning starn candle from support in 5 min.
Bearish indicatoins:
Bearish divergence in 5 min.
Trade plan bias long @105.354
SL:105.21
TP1:105.525
TP2:105.680
CAD/JPYSince my ascending triangle formation has violated its characteristics it is no longer valid. I took this opportunity to revisit this pair and start again. I still believe price is operating from the Double Bottom Formation so I'm still looking for price to go up. Here we have 4 touches on our Trendline & A Expanding Flat Formation (highlighted in blue letters). I have entered a position after the 4hr close but im still looking for a retrace for a better position.
CADJPY CONTINUING THE BEARISH TREND MARKET STRUCTURECAD/JPY Maintains Bearish Trend Structure – Key Levels to Watch
The CAD/JPY pair continues to exhibit a clear bearish market structure, characterized by consistent lower lows and lower highs on the price chart. This pattern confirms sustained selling pressure, suggesting the downtrend remains intact for upcoming trading sessions. Traders should watch for potential downside extensions while monitoring key resistance levels for possible trend reversals.
Bearish Confirmation: Lower Lows and Lower Highs
The formation of successive lower lows and lower highs demonstrates firm control by bearish traders. This classic downtrend pattern indicates weakening demand for the Canadian dollar against the Japanese yen. Until this structure breaks, the path of least resistance remains downward.
Downside Target: 104.900 in Focus
If selling momentum persists, CAD/JPY could test the next support level at 104.900. A decisive break below this level may accelerate declines, potentially opening the door for further bearish movement. Traders should watch for price reactions near this zone for potential continuation or consolidation signals.
Resistance Zone: 106.250 as Key Barrier
On the upside,106.250 stands as a critical resistance level. Any corrective rallies toward this zone could attract fresh selling pressure, reinforcing the bearish outlook. Only a sustained breakout above this resistance would signal a potential trend reversal, shifting momentum in favor of buyers.
Market Outlook: Bearish Dominance Expected
Given the prevailing price action, CAD/JPY is likely to remain under bearish control. Factors such as commodity price fluctuations (particularly oil, which impacts the CAD) and risk sentiment (influencing the JPY) may further drive the pair’s movement.
Conclusion
CAD/JPY’s bearish trend remains strong, with 104.900 as the next downside target and 106.250 acting as a key resistance. Traders may consider shorting rallies near resistance with proper risk management, while a break above 106.250 would require reassessment of the bearish bias.