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EnzoDamario
Nov 29, 2018 5:48 PM

Possible Cypher on CADJPY 4h Long

Canadian Dollar/Japanese YenFXCM

Description

First three legs went smoothly... PA on leg CD its a little clunky... but the things is that we have very important news on both sides:
a) JPY Unemployment Rate, (today 6:30 pm EST)
b) CAD GDP (tomorrow 8:30 am EST). Forecast for this one does not look too good, so it might drive CAD down.

Numbers look like:
Entry: 84.892
SL: 84.600
TP1: 85.287 (.382CD 1.37 RR)
TP2: 85.530 (.618CD 2.22 RR)
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