FX:CADJPY   Canadian Dollar/Japanese Yen
Can expect a retracement up to 100.350-100.500 on the opening of the market then a continuation to the downside to targets of 99.900, 99.400 then 98.750.

Once each target has been hit PA must be analysed before keeping positions. However, on the opening of the market price can also continue to the downside without an retracement. We must wait for the opening session. (NOTE: If price breaks and closes above 100.500 price can reach 101.000 to give us a triple top.)

Once each target has been met, we must confirm price action before keeping positions. Can enter a half sell position on the opening of the market with a stop loss around 100.750 then look to add to the positon once PA is confirmed at the retracement level.

If Swing Trading stop losses should be around 100.750 (Safest 101.030) If day trading positions could be adjusted accordingly
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out