ProjectSyndicate

CADJPY MNT: PT BULLS 92.00 +700 pips(SL/TP)(NEW)

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY MNT: PT BULLS 92.00 +700 pips(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect more gains.

🔸 Summary and potential trade setup
::: CADJPY MNT/candle chart review
::: updated/revised outlook
::: 92.00 still in sight for BULLS
::: alternative look at the bigger picture
::: strong bull market in progress
::: USDJPY pumping hard off strong BASE
::: CADJPY also pumping off strong BASE
::: overall expect more gains next 4-8 weeks
::: generally traders should look
::: to BUY any dips in this market
::: 40-80 pip pullbacks are BUY opportunities
::: use tight SL on dips
::: recommend to BUY/HOLD
::: recommended strategy: BUY/HOLD
::: good luck traders
🔸 Supply/Demand Zones
::: 80.00 fresh demand zone
::: 92.00 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BULLS

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Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

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