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CADJPY Long Idea
Canadian Dollar / Japanese Yen
Long
CADJPY Long Idea
By AlexAlfonsoFX
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Updated
Dec 8, 2020
1
Cheer
Cheer
Dec 8, 2020
Not much on the watchlist today.
CADJPY is the only pair that looks interesting.
Recently broke out of a 1H corrective structure and is currently sitting on top of resistance.
No entry as of yet but will wait for confirmation such as a bullish engulfing or a hammer to form before entry.
TP would be set at the highs set back in June.
Dec 8, 2020
Comment
Entered a market order at 81.335 based off of a 1M divergence strategy.
17 pip stop 38 pip TP for a projected RR of 1:2.24
Dec 8, 2020
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AlexAlfonsoFX
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