Canadian Dollar / Japanese Yen
Long
Updated

CADJPY buy setup

94
price is very much bullish on monthly although a double top was formed but it doesnt seems like it will hold even with that we only react not predict the market. coming down to 4hr cause is not much on daily and weekly, price is slowly moving up breaking a counter trendline in the process. we will for pullback before looking an entry. you can use 2hr or lower for entry but make sure to see a bullish reaction first
Trade closed: target reached
TP smashed

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.