Cadjpylong
CADJPY, +90 pips have been obtained from the previous setup!Note : congrats for those who followed my cadjpy short signal yesterday (link attached below!), +90 pips have been secured and the following is the next plan, enjoy ;)
Plan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
CADJPY buy on M30Plan : wait for prices to bounce off horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
CADJPY - 4HOUR LONGANALYSIS-
1. Continuation of uptrend on 4hour timeframe
2. Retest of recent resistance level which has now turned into a support level
3. Bullish pinbar formation at support level
4. Daily timeframe confirms trend continuation as recent resistance is at 84.397 which is yet to be reached
CADJPY Short Term Long SetupCADJPY has bounced from the channel support and is on its way up to the channel resistance. Holding original long for previous highs around 83. Also added a small position after today's strong rejection of that channel support and 38.2 fib level with the same target of 83 region. Will look for more opportunities to re enter after a retracement.