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CADJPY STRADDLE
Canadian Dollar / Japanese Yen
CADJPY STRADDLE
By CodeAndQuant
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Updated
Feb 29, 2016
4
Feb 25, 2016
Scope for a 5%-6% move in either direction.
We favour lower with a tight reversal.
Sold 81.88 for targets into support at
- 80.50
- 79.50
- 77.00 (5th Wave )
Alternatively looking to phase in a 3x Reversal above 82.00 for an upside target of 87.00
Feb 29, 2016
Note
Stop Loss moved to 0.8290
Mar 2, 2016
Trade closed manually
Trade closed at 84.95 in favour of this scenario
CADJPY
straddle
CodeAndQuant
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