Instrument:- CADJPY
Position:- Long
Timeframe:- 1 Hour
Method:- Dow Theory + Candlesticks
Reason:-
* Multiple bullish candlesticks (Candlestick analysis)
* Price in Uptrend with Multiple Higher highs and Higher Lows with no break in the uptrend (Dow theory)
Entry @ CMP (105.852)
Take Profit @ 107.995
Stop loss @ 104.926
Risk to Reward :- 2:1
Position:- Long
Timeframe:- 1 Hour
Method:- Dow Theory + Candlesticks
Reason:-
* Multiple bullish candlesticks (Candlestick analysis)
* Price in Uptrend with Multiple Higher highs and Higher Lows with no break in the uptrend (Dow theory)
Entry @ CMP (105.852)
Take Profit @ 107.995
Stop loss @ 104.926
Risk to Reward :- 2:1
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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.