CADJPY: Price Analysis Based on Trendline
I am not a very wonderful speaker. So, I'm not going to say much.
The dashed white (gray) line would be a nice target if you are taking the trade. A good entry would be taking a long at the retest of the daily trend line (red).
If you have any questions about my idea, feel free to send me a message, let's talk.
Happy Trading.
The dashed white (gray) line would be a nice target if you are taking the trade. A good entry would be taking a long at the retest of the daily trend line (red).
If you have any questions about my idea, feel free to send me a message, let's talk.
Happy Trading.
Trade closed: target reached
Looks like we made a profit on this trade ☻.This Position was meant to be a Day-Trade. It took longer than I expected though, haha. But, it never hit the Stop-Loss, so we enjoyed the profits.
Note
I'm new to the TradingView platform, so I do not know how to publish an idea, with SL and TP. Good thing I mentioned it in the original post
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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.
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.