Cadjpylong
CADJPY LONG! A Look at Daily Good news First:
1. Pair is trading at multiple Buy-Zones.
--For Long position to fully execute, Cad HAS to be stronger than JPY, preferably on all time-frames (something to eye)
Notably also is price battling a deep trend-line-- Otherwise, We Are Good To Go!
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CADJPY TRENDSHIFT9th of March CADJPY opened with a gap. From my experience gaps mean trend shifts (85% accurate). So you can clearly see, cadjpy was in a downtrendafter the gap higher highs higher lows are starting to appear. Its a bulls market at this point with low power, we have to wait still to see price action and then we can enter. FX:CADJPY
CADJPY LONG! Weak JPY Vs Strong CAD
Bias is Weak JPY Vs Strong CAD.
Major news Cad at 0830EST
Looking to enter Long at 77.094 or better.
Idea is to complement your research.
Check comments section for future updates on idea.
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Thank you and happy trading.