About meFor many years associated with financial markets. I have been investing in forex for 8 years with breaks. Currently, I invest 100% on forex.
My background: stock broker, trader, forex trader, private banker.
It seams that this pair is in buy area after sell off. Now i make some buying orders in area. Then i put some new orders to make a final piramid.
Buy area: 0.6811-0.6899
Pair goes extremly high. Yesterday we saw sell signal on candels.
Now im in piramid trading.
5 positions in range 1.7230 - 1.71.81. Next position on 1.7126. Last on 1.7049.
Target for piramid is on 1.68166.
Pair did short scenario reaching target 0.7150. Now i took long piramid. Piramid started from 0.7226 to 0.7151. Target area 0.7318 to 0.7390
Now i wait to see up patern on chart in my buy area.
Recently, the CAD / JPY rate has grown strongly from 80.69. On graph D, the rate stopped at resistance. On the H4 chart, in my opinion, a formation with a head and shoulders is formed. After piercing the neck line, we can see going towards the goal 83.11. I currently have 2 open positions in the levels of 85,342, 85,114. The next position will come after...