Get started
Canadian Dollar / Japanese Yen
Long

Bullish Cypher on CADJPY. 134pips Booked on Yen Pairs This Week

By JoMarshall
Updated
The Yen pairs have been so good to me this week, so far i've booked in 134 pips on NZDJPY(Bullish Cypher) and USDJPY (Bullish Gartley) (Still waiting for second target) and now we have another bullish cypher set-up on CADJPY. This is not a big trade in terms of the amount of pips i stand to gain/lose (35/22) but still, it is a trading opportunity according to my plan. Because i'm not risking too much on this trade in terms of pips i will be placing close attention to my RSI before entering the trade. So basically, If the market gets to where i'm expecting it to go, I'd like to see an oversold condition on my RSI before i enter the trade.

tradewithme.co.uk
Trade closed: target reached
Bullish CypherbuybuyersbuyingbuysetupbuysignalbuytradebuyzoneCADJPYcadjpylongcadjpytradeCypherForexforexalertsforexanalysisforex_signalsforexsignalsforexsignalsforextradingLONGlong-entrylongidealongpositionlongsetupmoneymoney
JoMarshall

Related publications

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.