CAD/JPY, LONG, DAY CHART (2-JAN-2017)
Note:
Overall, we are bullish on CAD/JPY.
There are 2 trading plans for this pair:
1. It is a Swing Setup, price pullback nicely to the
support zone and 20-EMA. We see bullish signal
bounce back from 20-EMA and Support Zone.
A good signal to long now.
Alternatively, can wait for pullback again and
another bullish signal for confirmation to long.
2. If a 2B reversal pattern formed or 1-2 bearish
signals formed, It might reverse and go to the
bearish side.
Overall, we are bullish on CAD/JPY.
There are 2 trading plans for this pair:
1. It is a Swing Setup, price pullback nicely to the
support zone and 20-EMA. We see bullish signal
bounce back from 20-EMA and Support Zone.
A good signal to long now.
Alternatively, can wait for pullback again and
another bullish signal for confirmation to long.
2. If a 2B reversal pattern formed or 1-2 bearish
signals formed, It might reverse and go to the
bearish side.
Related publications
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.
Related publications
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.