CADJPY - 4H Long In Trend Engulfing Setup
CADJPY formed a bullish engulfing that engulfed 5 candles on the 4 hour time frame.
This engulfing candle closed at 12pm noon (CST) on Friday.
SL set below engulfing candle low. TP set at 2R for safe entry, 3R for 50% entry.
This engulfing candle closed at 12pm noon (CST) on Friday.
SL set below engulfing candle low. TP set at 2R for safe entry, 3R for 50% entry.
Trade closed: target reached
Safe entry and 50% entry hit TP perfectly.
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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.