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TiborVrbovsky

CADJPY in a Bull Flag.

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
TiborVrbovsky Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Support and Resistance Flag CADJPY CAD jpy cadjpylong Forex forexsignals forextrading forexanalysis signal
7
0
supportandresistance flagpattern cadjpy cad jpy cadjpylong forex forexsignals forextrading forexanalysis signal
CADJPY is in a bull flag which has bias to break to the upside.
The price is above both EMA's, 20 and 50.
RSI is trending higher.


I am going to buy a break of 80.200
Taking profit slightly below 80.600, roughly 40 pips.

Good luck with this pair!
Tibor
Trade closed: target reached:
Target hit! +33 pips

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