PyaeLwin

Long term bullish bias

Long
PyaeLwin Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
9/1/23
Expect JPY to show weakness across all major pairs this week (already shown weakness on weekly candle from last week)
Expect CAD to show strength (last week candle shows strength apart from AUD)
CADJPY - Bullish engulfing candle (1W)

Buy on opening - tight SL 98, wide SL 97.6
TP1 - 99.30
TP2 - 101.2
TP3 - TBD
Trade active:
Just entered trade before London open, SL were put at 97.6
Comment:
TP at 30pips - I suspect wrong decision - need better strategy to lock the profit
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