The CADJPY pair has had a nice uptrend since the beginning of the month after the flash crash that occurred due to the New Year's holiday liquidity issue.
Now, there is a decent Minor Pivot Stack setup that looks bullish.
Go long if the price can demonstrate strength through 83.310 and place a stop loss at 82.240. With the profit target at 85.170, this is a good risk reward trade.
Now, there is a decent Minor Pivot Stack setup that looks bullish.
Go long if the price can demonstrate strength through 83.310 and place a stop loss at 82.240. With the profit target at 85.170, this is a good risk reward trade.
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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.