SunLion506

Retracement Probability on Monthly Chart

Long
SunLion506 Updated   
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Bullish Uptrend on Monthly and Weekly charts.
Good Intraday trade on Probable Bearish Reversal return to FIB levels.
Retracement on Weekly is probable.
-------------------------------------------------------------
Game Plan:
Short Intraday Trades on Weekly Retracement back to Weekly MA/EMA line 21 50.

If retracement happens then we will switch to
Bullish and look for buys back up to test Monthly High
Comment:
First game plan : Short Intraday Trades on Weekly Retracement back to Weekly MA/ EMA line 21 50. Success.. Hit Take Profit
Comment:
Now will wait for Weekly retracement for possible long positions
Comment:
Shorting CADJPY 1H Retracement
Standing by for buy signals.
Shorting Monthly countertrend trade. High RISK
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.