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CADJPY - 4H Long In Trend Engulfing Setup
Canadian Dollar / Japanese Yen
Long
CADJPY - 4H Long In Trend Engulfing Setup
By justinholtgrave
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Updated
Oct 6, 2021
1
Sep 26, 2021
CADJPY formed a bullish engulfing that engulfed 5 candles on the 4 hour time frame.
This engulfing candle closed at 12pm noon (CST) on Friday.
SL set below engulfing candle low. TP set at 2R for safe entry, 3R for 50% entry.
Oct 6, 2021
Trade closed: target reached
Safe entry and 50% entry hit TP perfectly.
4h
CAD
CADJPY
Candlestick Analysis
Engulfing Candle
h4
jpy
LONG
justinholtgrave
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