CADJPY has been ranging in between 86.3 and 84.6 for quite a while now. On the 8hour chart a pinbar formed which may signal another reversal. If price moves down sufficiently for a good lower low, there's a good probability it will move down further for a nice 1:2.7 RR trade.
Comments or idea's, please let me know.
Thanks for reading :)
Comments or idea's, please let me know.
Thanks for reading :)
Trade active
Active, but a very slow startTrade closed: stop reached
I misread this pair and its SR zones, see comment below
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Related publications
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.