CADJPY - IN TREND ENGULFING LONG SETUP (D)
Confluences:
Re-accumulation forming
Recent higher highs
Spring closed above previous body high
Strong lower bollinger band outbreak
Large bullish engulfing candle
TP set at previous candle body highs. Trail SL for max profit.
SL set below engulfing candle low.
Re-accumulation forming
Recent higher highs
Spring closed above previous body high
Strong lower bollinger band outbreak
Large bullish engulfing candle
TP set at previous candle body highs. Trail SL for max profit.
SL set below engulfing candle low.
Trade closed: target reached
TP SMASHED!
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.