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Canadian Dollar / Japanese Yen
Long
Updated

CAD/JPY, H1 Long

41
Nice rally of price on D1 chart, small correction, and now after removed last peak on H1 chart I see possibility to go 'long'. I will place buy order around FIBO61.8 retracement with TP on 2:1.
Note
Price made one wave up more before retracement, so I addjusted the long entry point.
snapshot
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One more update
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618retracementCADJPYFibonacci

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618retracementCADJPYFibonacci
Deszcz

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.