CADJPY short term opportunity for buy trade
Hi Traders,
While waiting the result of my EURUSD trade, Today i found some opportunity to buy this pair.
I will only risking 0.5% of my account since on the long run i still waiting this pair to go down and having sell trade.
Eventhough in the long run i plan to sell trade for CADJPY, i still can buy trade for short term period since there is possibility that this pair will make A.B.C elliot wave pattern. Stop loss will be below fib rtc 0.328 and target profit will be slightly below fib ext 1.27.
Please feel free to use your own entry and exit strategy.
Good Luck and Trade Wisely
While waiting the result of my EURUSD trade, Today i found some opportunity to buy this pair.
I will only risking 0.5% of my account since on the long run i still waiting this pair to go down and having sell trade.
Eventhough in the long run i plan to sell trade for CADJPY, i still can buy trade for short term period since there is possibility that this pair will make A.B.C elliot wave pattern. Stop loss will be below fib rtc 0.328 and target profit will be slightly below fib ext 1.27.
Please feel free to use your own entry and exit strategy.
Good Luck and Trade Wisely
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