CAD/JPY long opportunity
oscillating market
50 EMA support
+3 true S/R touches
MACD divergence
phase: Pullback
market deceleration
More than 1:1 win ratio
50 EMA support
+3 true S/R touches
MACD divergence
phase: Pullback
market deceleration
More than 1:1 win ratio
Order cancelled
because the 50-EMA support is much deeper on a different price feed, which affects the win ratio to bad. Since it was a conflict pair anyway, take a look at my CHF/JPY setup.
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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.