Get started
uriyaz

CADJPY : looking to buy untill 90.5 zone

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
uriyaz  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis reversal confluence priceaction lowriskhighrewardplay Fibonacci Retracement continuation
2
0
trendanalysis chartpattern beyondta reversal confluence priceaction lowriskhighrewardplay fibonacciretracement continuation
It seems like CADJPY reacted to the support zone of fibonacci ratio and trendline + 88.0 -> round number.
But before buying i'll wait for another retest near the low or another low with a false break.
Then, a close above 88.5 ( which is a fibonacci ratio of the bigger swing and the last swing ) Will set CJ to 89.7 zone and 90.5 zone .

Best of luck :-)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.