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Cadjpytrade

Long Vision on CAD JPYHello Dear Traders, You find below my analysis for CAD/JPY, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame CAD/JPY will rise to 88.65 as I am showing in my chart (61.8 Fibonacci). Our Weekly Goal is 89.15. Currently,CAD/JPY is moving towards the support level of 88,25 where there is some liquidity, from this value we are looking for short-term buying opportunities of CAD/JPY. BoC will be announcing their monetary policy decision later and it is expected that BOC will be holding interest rate unchanged at 0.25%.  Good Luck and enjoy your Bullish Market. Entry:@ 88.15 TP1: 88.45 TP2: 88.65 TP3: 89.15 SL: 88 Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Long
by HugoAJROUCHE
Buy on Support but wrong SL or TriggerThe 4H TF is bullish so I patiently waited until a pullback. Then I plotted support and bought when price touched it. Of course I didn't forget buying when the stochastic crossed on the lower TF (1HR) which was my trigger entry. Stop loss was set at -15 pips All that and I still got stopped out before price magically went my way. Nothing more frustrating sometimes. Maybe I should have set the SL wider or my trigger is wrong. Perhaps I should have waited until a bullish candlestick (That bullish engulfing two hours ago) The only good thing here is that my analysis was correct. I just didn't profit from it :)
Long
by jrebong