Canadian Dollar / Japanese Yen
Long
Updated

"CADJPY LONG"

My Analysis:
1. Fast EMA crosses the Slow EMA upward
2. Price above 200 SMA
3. Smoothed HeinkenAshi candle just about to turn green
4. Volume above average
5. In Day Time Frame "Fibonacci retracement at Golden Zone"


PRICE - 106.054
SL - 104.086
TP - 109.113

PROBABILITY: More than 80%
Note
50% TARGET REACHED
Note
Move the SL to 106.625 to save the profit

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.