CADJPY bounced on strong support at 77 area. Try to setup a long trade with great RR. It's a risky trade, I'll check a support break too, entering short in that case.
If CADJPY will broke tre trendline at 79.5 area there's new long idea towards 82.9 area
Cadjpy showing Strong support in Weekly candle and also showing Bullish candle so advice. Buy in Rang 78.25-77.4 SL below 76.7 where tp1 79.5 TP2 81
FX_IDC:CADJPY I can wait for divergence at lower time frame, following the 2h chart Safe Trades;
FX_IDC:CADJPY Safe Trades;
reversal of major downtrend since price has been way below 50 EMA and stoch is oversold id say buy now or soon as possible with a buy order for 76.152. collecting profit at 79.432 would be ideal for price consolidation.
We have reached a strong support area, if it keep holding and we break a the yellow trend line its a good buy. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Liability Disclaimer : All trades posted here are...
CADJPY is at critical support zone (76.9xx-77.5xx). If break 76.8xx, it might test 75.7xx, 74.8xx,74.0xx,73.5xx (which i hope not) On the flip side, it could retest 78.000-78.5xx zone (high probability) My Strategy, short if break 76.8 (SL- 77.25) and long once break 77.5 (SL 76.75) DYDD though.
FX:CADJPY Safe Trades;