Good chance for a long entry on the CAD/JPY 1hr chart
Updated
This pair is currently re-testing a strong structure level, as shown on the chart we also have some hidden divergence which tends to indicate that this downward trend is running out of steam.
Entry was at 85.22
Stops are at 84.70
Target 1 is at 86.20
Target 2 is at 87.65
Entry was at 85.22
Stops are at 84.70
Target 1 is at 86.20
Target 2 is at 87.65
Trade active
Note
Target 1 hit for + 97.4 pipsStops rolled to B/E for target 2
Trade closed: target reached
Target 2 reached for + 243 pips
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