Dear traders,
Here is your CADJPY Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “2”, and the JPY stands at “7”, meaning that the JPY is stronger than the CAD, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Limit is placed at white line labeled "Sell limit 1" (with a 1% risk position size)
Our 2nd SELL Limit is placed at white line labeled "Sell limit 2" (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at white line labeled "TP 2"
Our Stop Loss is placed at red line labeled "Stop Loss"
Chart Timeframe; Daily
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Trade Smartly.
Here is your CADJPY Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “2”, and the JPY stands at “7”, meaning that the JPY is stronger than the CAD, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Limit is placed at white line labeled "Sell limit 1" (with a 1% risk position size)
Our 2nd SELL Limit is placed at white line labeled "Sell limit 2" (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at white line labeled "TP 2"
Our Stop Loss is placed at red line labeled "Stop Loss"
Chart Timeframe; Daily
Thank you. Like & Subscribe.
Trade Smartly.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.