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forexjunkie33
Feb 8, 2017 9:39 AM

Good chance for a long entry on the CAD/JPY 1hr chart Long

Canadian Dollar/Japanese YenFXCM

Description

This pair is currently re-testing a strong structure level, as shown on the chart we also have some hidden divergence which tends to indicate that this downward trend is running out of steam.

Entry was at 85.22
Stops are at 84.70
Target 1 is at 86.20
Target 2 is at 87.65

Trade active

Comment

Target 1 hit for + 97.4 pips
Stops rolled to B/E for target 2

Trade closed: target reached

Target 2 reached for + 243 pips
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