TradingView
SeaLionLLC
Oct 20, 2014 11:24 PM

$CADJPY going higher after a confirmed hammer and a bullish turn Long

Canadian Dollar/Japanese YenFXCM

Description

CADJPY going higher after a confirmed hammer and a bullish turn in the stochastic. The broader trend is bullish and after the recent correction prices should go higher from here. The target 101.67 is the fib extension of 08/08 92.74 low, the 9/19 99.80 high, and the 10/16 92.88 low. We'll follow up as the trade matures.
Comments
NizarRahalii
very nice analysis :)
More