CADJPY!! 12/2/2024 BUY signal support zone⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
CAD JPY is in a nice rising trendline, trading stably on the EMA lines, touching the nearest support zone, setting up a BUY signal.
⭐️ SET UP CADJPY PRICE:
🔥BUY zone: 110.450 - 110.300 SL 109.800
TP1: 110.700
TP2: 111.000
TP3: 111.300
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Longcadjpy
Top Down Analysis CADJPYHere is my analysis for CADJPY. If you see something else, feel free to comment. I would love to see your analysis and try to see what you may see. Please, like, comment or follow.
(Monthly TimeFrame)
(Weekly Time Frame)
(Daily Time Frame)
(4hr Time Frame) Here is where we look to enter our positions.