I have a Bullish Stance on the CADJPY.
- Previous Day High Broken - indicating higher price (or it could be a false break...)
- Wait for Retracement towards Consolidation Area Prior to Breakout that took out Previous Day High.
- 1:25+ RR (23 pips risk/60+pips Reward)
- TP Area - Between 110.00 and 109.900
Use at own risk. Am a Rookie!
(I have a Bearish idea for USDCAD as well...I am waiting for price to break previous day's low...however, no break, no trade!)
- Previous Day High Broken - indicating higher price (or it could be a false break...)
- Wait for Retracement towards Consolidation Area Prior to Breakout that took out Previous Day High.
- 1:25+ RR (23 pips risk/60+pips Reward)
- TP Area - Between 110.00 and 109.900
Use at own risk. Am a Rookie!
(I have a Bearish idea for USDCAD as well...I am waiting for price to break previous day's low...however, no break, no trade!)
Trade active
Trade closed manually
false break to the upside...Potential Drop
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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.
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.