ForecastCity

💡 Don't miss the great sell opportunity in CADJPY

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (81.45). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CADJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 35.

Take Profits:
TP1= @ 80.90
TP2= @ 80.46
TP3= @ 79.81
TP4= @ 79.21
TP5= @ 78.35

SL: Break Above R2

❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!

❤️ Your Support is very much 🙏 appreciated! ❤️

💎 Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️
Trade active: 399pips profit...
Total Profit: 399
Closed trade(s): 120 Profit
Open trade(s): 279 Profit

Update Details:

Closed Profit:
TP1 @ 80.90 touched at 12.18.2020 with 38 Profit.
TP2 @ 80.46 touched at 12.21.2020 with 82 Profit.
38 + 82 = 120

Open Profit:
Profit for one trade is 80.35(current price) - 81.28(open price) = 93
3 trade(s) still open, therefore total profit for open trade(s) is 93 x 3 = 279
All SLs moved to Break-even point.

Take Profit:
TP3= @ 79.81
TP4= @ 79.21
TP5= @ 78.35
HighAccurate forecast for
★36 Forex Pairs:1.010.346 pips track record profit
★95 Cryptos
★Gold, Silver, Oils, Gas
★Best Profitable Trading Strategies

in 9 languages

since 2007

http://www.ForecastCity.com
★FREE Telegram http://t.me/forecastcity_com

Comments

Nice mentioning the two scenarios.
+2 Reply
@Kamryn, Thanks for your support. 👍
+2 Reply
keep up professional charting.
+2 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thanks for your nice comment.
+1 Reply
You Rock! 🔥
+2 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, 🔥🔥
+1 Reply
I enjoy you excellent analysis. Keep it up ❤️
+2 Reply
ForecastCity Kristalyn
@Kristalyn, Thanks for your nice comment.
+1 Reply
Best analysis point blank period. Appreciate the help guys
+1 Reply
ForecastCity HemiBillions
@HemiBillions, Thank you for sharing your feedback.
Reply