CADJPY Daily BB Revesal
Bit early as you are supposed to wait till the 78.20 is broken R:R drops considerably
just my thoughts... don't trade it if it isn't your own strategy - that would be silly and throwing money away
I don't trade BB reversals but could offer a lower risk entry on the weekly patterns that are present possibly with a stop below 76.09 but that is still a 250pip stop loss which is quite large
See how it goes, Nikkei and US indices likely to rally on JPY weakness as JPY carries start up (again)
just my thoughts... don't trade it if it isn't your own strategy - that would be silly and throwing money away
I don't trade BB reversals but could offer a lower risk entry on the weekly patterns that are present possibly with a stop below 76.09 but that is still a 250pip stop loss which is quite large
See how it goes, Nikkei and US indices likely to rally on JPY weakness as JPY carries start up (again)
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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.