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Cadjpyidea

CADJPY : Current Situation & Technical , Fundamental View#CADJPY Due to MARKET RISK ON, CADJPY went up a bit. But now CAD UP is being done again. We expect CADJPY to go UP again. Either way, that price can retrace to the CADJPY MAIN TRENDLINE. After that the MARKET can go UPSIDE. The reason for that may be due to OIL PRICES UP. JPY WEAKNESS will also affect this. You can definitely buy at the CADJPY 108.691 level. For that, MARKET RISK should be ON SHORT TERM. But according to the STRUCTURE, CADJPY can move up to 103.340 LEVEL on the TREND LINE. The reason for that is the idea that the MARKET SENTIMENT in the OVERALL MARKET will be RISK ON in the coming days. We must pay attention to the MARKET SENTIMENT.
by benny_marshall
CADJPY - Buy/Long - Ascending Triangle.CADJPY - Buy/Long - Ascending Triangle. Price has been knocking on the 106.200 zone for a while now and we might just see it break-through to the upside. Price has been making a series of higher lows to this point, indication strong momentum. Always Use good risk management, only risk 1% or less on any given trade. When a certain % or pips in profit move stop loss to breakeven. Also consider taking partials along the way or trailing profit in case of a reversal or if price surpasses our target level.
Long
by dinomalik