Price pierces through EMA lines and through green cloud on the 1 hour time frame @ 4am EST on Oct 7th. By 9 am we should of noticed the strong buy movement and entered in a position.
4 hour time frame also confirmed a buy for us.
FIB retracement also confirmed a late buy entry from the day before.
EURJPY and CHFJPY both look very similar to CADJPY'S chart layout on the 4 hour time frame meaning that CADJPY was most likely going to move with those 2 pairs since we already predicted a buy for both of them.
4 hour time frame also confirmed a buy for us.
FIB retracement also confirmed a late buy entry from the day before.
EURJPY and CHFJPY both look very similar to CADJPY'S chart layout on the 4 hour time frame meaning that CADJPY was most likely going to move with those 2 pairs since we already predicted a buy for both of them.
Trade active:
Price has continued to rise strongly on all time frames. CAD news also helped push the price up dramatically, currently price is at 80.528 as of Oct 9th @9:26 EST.
We expect a small retracement soon for a good entry for a buy long term.
We expect a small retracement soon for a good entry for a buy long term.
Trade closed manually:
Canceled all buy limits, price hasn't moved in 2 days. waiting to see which direction it heads in after seeing all of the other JPY plummet.
Currently have buy limits set for
80.130
80.025
79.920