CADJPY LONG
Updated
CADJPY is set to reverse to 83.400 zone coming off the strong support and the formation of the bullish Cypher pattern. RSI is oversold in both 1 and 4H timeframes and its at the bottom of the Daily timeframe.
This trade looks promising for swing traders with good risk to reward ratio.
This trade looks promising for swing traders with good risk to reward ratio.
Comment
Our SL was hit and we had to enter again from the 81.8400 price range and keep buying.
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.