Don't miss the great buy opportunity in CADJPY

FX:CADJPY   Canadian Dollar / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (76.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CADJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.

Take Profits:
TP1= @ 76.95
TP2= @ 77.95
TP3= @ 79.10

SL= Break below S2
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Do you enter just one position then leave it till it hits TP3? Or do you enter multiple and take some profits then re-enter on pull backs? Or just simply three positions with those three different TPs and let them run?
+3 Reply
ForecastCity JamesWoon
@JamesWoon, Thanks for your question.
Given the number of targets, we enter at the same time with the numbers of trading orders and consider one of the targets for each one of them.
Please read more here:
I got huge profits from your forecasts!!!!!!!!!!!!!!!!
+2 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Good for you. Thanks for your comment.
well done! 🥰🙏🥰 i'm in about to get the first TP.
+1 Reply
@fxniki, We're so happy for you.
Thanks a lot!!!!!!!!!!!!!!
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're welcome.
thanks for your ideas
+1 Reply
@Kamryn, 👍
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