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lynxkem
Aug 13, 2020 1:54 PM
CADJPY - Long - Using the Mitigation Candle
Long
FX:CADJPY
1D
Canadian Dollar/Japanese Yen
FXCM
Description
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Aug 13, 2020 1:54 PM
You will notice that I have identified a mitigation candle, this shows that price has come back and retested that 'mitigation zone'. I believe this to be a long term buy for this instrument. Lets watch and see.
Trend Analysis
Chart Patterns
Beyond Technical Analysis
mitigation
insitiutional
Comments
jzkhan0093
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Aug 13, 2020 1:58 PM
i bought at 80.73
lynxkem
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Aug 13, 2020 2:11 PM
@jzkhan0093
, Thats brilliant, did you use a similar strategy to identify this buy? All the best to us both! :)
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