CADJPY Small Uptrend

39
Enter trade:
Round nr. 82.000
Channel projection
AB=CD
FIB. retrace 61.8
EMA 50 and 100 support
Equal distances on the trendline

Take profit:
Round nr. 85.000 (strong psychological resistance)
Blue counter trendline acts as resistance
Channel trendline acts as resistance

Not financial advice, just a fellow trader sharing his thoughts.

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.