I have been enjoying this latest long on cadjpy and it's been a relatively fast and powerful swing trade. It is hitting levels of resistance and supply zones in the 89.16 area. The latest thing I am looking at is the sell back into areas below us most notably 86.49 and 84.800. For the first trade attempt, break 8845 and sell down to 86.50. Stop is 89.45 Leave that on or take profit with the understanding that the price can come back to 8800 and resell it... Ultimately the trade can fall into 83.400.
If the first trade sells take another sell between 90.12 and 9150 target 83.40 with the stop above 91.60
If the first trade sells take another sell between 90.12 and 9150 target 83.40 with the stop above 91.60
Comment:
I am not on this until the trendline break, people who are panic messaging me with the cadyen buying because yen is dropping.. Have patience. will let you know when I am on it. Thanks tons.
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I'm selling looking at 8805 for the first one
Comment:
www.youtube.com/watch?v=1Gmn-XFG... getting first scalp and we have a double top formation.. I'm on
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Bad mamajamma day trade going to 88.07 yeah buddy!
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I have one off for 50
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I've taken another one this morning for 100 pips and I am break even.. leaving it.
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next take profit will be at 8649
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Taking another trade off from the original entry..
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one off for 250 pips
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Expect a retracement today. I am looking for a continuation of dollar sells, but we will have to see what inflation data brings. Unbelievable selling this week. Glad it gave it to us and I am very glad that some of you were able to be a part of it.. Let's catch the next pulse.
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I am building additional sells at 8670 and 8640 selling tonight down to 8450 come on let's drop on down some more there...
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in case you are holding this, keep going. still holding it. Quite bearish is you are on.. hold look for 82.
Trade closed: target reached