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Cadjpylong

CADJPY BULLISH ENTRY MOMENTUMCADJPY BULLISH ENTRY MOMENTUM - CADJPY has created an order block from yesterday's New York Killzone. - The price has broken the market structure to the upside, showing there is momentum to continue the uptrend. - The order blocks are aligned with the internal Fibonacci entry area. - The entry area is at a discounted price level because it is below 50% from the previous impulsive movement. - By using the external Fibonacci retracement to both XAY pattern and Fibonacci projector as the target profit. - To execute the trade, lower time frame is needed to seek confirmation of a change in the market structure on the order blocks area.
Long
by lalala_landzz
1
CADJPY shaping up for a SELL!Hi Traders, CADJPY has been developing bearish price action recently as impulses & corrections have been forming over again. Looking at the Global situation between Russia and Ukraine, safe haven currencies are strengthening which should push the price to lower boundary of the HTF structure around 89.50. I believe further down side to 87.50 is possible If we get a breakout and another continuation. Follow your trading plan and risk management. Good Luck! Support me if this idea has helped you by clicking the like button. Share your view on this pair and leave a comment.
Short
by ktlfx
1