MarkFletcher

CADJPY long on potential reversal

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
0
Nice Bill Williams signal to get long on this pair. Target is at weekly pivot; will move it upwards if it looks like it is still going strong by the end of Friday.

Entered at 93.418
Stop at 92.226
Target at weekly pivot for now.

Will start trailing the stop using a 5-bar exit strategy if this bar closes in the black, which it looks a lot like it is going to do.

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