CAD/JPY STRUCUTRE LONG|TRADING PLAN

Long

Canadian Dollar / Japanese Yen (FX:CADJPY)

FX:CADJPY Canadian Dollar / Japanese Yen

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trendanalysis chartpattern indicator cadjpy cadjpylong long signal trade cad jpy yen

The pair has reached an important support level , and has so far failed to break it.

In addition to that, the diagonal resistance line is broken, and we see a nice pullback on the 2h timeframe.

Therefore, we aim at a long.

TRADING PLAN:

1-go long at the current level

2-SL, Takes on the chart

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Comments

im in but not so confident though

NewbiesTrading

@NewbiesTrading, yeah, jpy is not a stable horse, lets see how it goes

Anyone in for a long?