FX_Jupiter
Long

Good opportunity for long position

OANDA:CADJPY   Canadian Dollar / Japanese Yen
Weekly Chart:
Bullish engulfing pattern
Daily Chart:
Bullish candle broken the short-term down trendline since 22nd May 2018
Watch out:
1. It might be pulled back to retest this down-term trendline
2. Mid-term down trend line since 5th Jan 2018
Action:
Good opportunity for long position
Comment: Weekly Chart:
Bullish candle act as a confirmation
Daily Chart:
Bullish candle act as a confirmation
Watch out:
1. Mid-term down trend line since 5th Jan 2018
Action:
Keep holding long position

Comments

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