CollegeofPips

CAD/JPY Is About To Launch Its Rocket πŸš€πŸš€πŸš€

Long
OANDA:CADJPY   Canadian Dollar / Japanese Yen
πŸ’‘ Trade Idea


πŸ“ˆ CAD/JPY Buy Limit Order @ 90.16


🎯 Target Profit 90.76


πŸ›‘ Stop Loss 89.96


❌ Do not risk more than 1% of your account on each trade


πŸ™‚ Good Luck!


Description:

The pair is trading inside a bullish flag formation where the pair is heading toward the area of confluence which is made by a strong support, the 38.20% Fibonacci retracement, and the lower end of the flag. This could lead to a rally toward the target profit.
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