CADJPY looking for a good reverse north. We have hit a major up trend line on the daily and the backside of a down trend line (blue line).
Indicators:
1. RSI daily in strong buy zone.
2. Uptrend line holding as strong support.
3. Down trend line backside acting as secondary support.
Entry @ price area of 78.50
TP @ 79.70 - 79.90 area
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Indicators:
1. RSI daily in strong buy zone.
2. Uptrend line holding as strong support.
3. Down trend line backside acting as secondary support.
Entry @ price area of 78.50
TP @ 79.70 - 79.90 area
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Comment:
Trade signal up 60 pips atm.