CAD/JPY
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CAD been gaining strength for the past few weeks and we have now reached an important supply zone.
Here, price begun its Sell Move the last time it was here and created RBD and DBD from the zone. This is on a monthly, weekly and daily level.
Expecting a return of downtrend of JPY pairs.
CAD also is expecting weakness based on fundamental knowledge of the currency in the world now.
Sell Limit @ 82.395
SL: 83.687
TP: 80.867
R:R Ratio: 1:~9.
This should be good for us to make 300 pips.
Until next time beloved! Peace!!
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CAD been gaining strength for the past few weeks and we have now reached an important supply zone.
Here, price begun its Sell Move the last time it was here and created RBD and DBD from the zone. This is on a monthly, weekly and daily level.
Expecting a return of downtrend of JPY pairs.
CAD also is expecting weakness based on fundamental knowledge of the currency in the world now.
Sell Limit @ 82.395
SL: 83.687
TP: 80.867
R:R Ratio: 1:~9.
This should be good for us to make 300 pips.
Until next time beloved! Peace!!
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Trade active:
Trade has been opened. Up 100 pips!!! Good going SET AND FORGET
Comment:
Trade being deep in profit, put SL at 10 pips in profit please. Until next week beloved!