Canadian Dollar / Japanese Yen

Long

Updated

CADJPY Bullish sentiment

Hello traders, As I predicted in my last analysis (link below) the retracement has been completed. Let's not forget that the overall trend is bullish and COT has still enough fuel to push the market to 90.00 area. I am bullish up to at least 88.50 in the short run. Please share your thoughts and like/follow for more free educational analysis.

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CADJPY Short Pattern

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Trade entered at market price 87.488 SL: 87.05 TP1: 88.20

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Moved SL to BE @ 87.50

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50% profit banked

Trade closed: target reached

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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.

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.