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Cadjpylong

CADJPY H1 LONG PRICE ACTION FORECAST The price action has shown a rally in the intraday, clearly in the overbought are by the RSI, and together with a clear bearish divergence, it shows that the pair might reverse before further upward movement. The pullback should reach the golden Fib level for a healthy correction, allowing the setup of a long entry as a limit. The order: Type: buy-limit S/L: 28 pips - R:R | 1:2 - T/P: as shown -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
CADJPY H1 LONG PRICE ACTION FORECAST Price has been trading within a hornet pattern from the D1 domain, currently under a correction to continue its further uptrend bias allows the placement of a long entry, expecting the pullback towards the fib golden level 50 to fill the limit order with the following characteristics. The order: Type: buy-limit S/L: 26 pips - R:R | 1:3 - T/P: high from fib extension tool -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
2
CADJPY H1 LONG PRICE ACTION FORECASTThe Canadian dollar is showing a clear bullish bias across the board. Now, CADJPY at H1 is under consolidation, where expected pullback towards the 200MA to confirms an uptrend movement towards the resistance level. A buy setup is placed with the following features. The order: Type: buy-limit S/L: 30 pips - R:R | 1:2 - T/P: resistance level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER