Get started
olly48

CAD/JPY Breakout

Long
Canadian Dollar / Japanese Yen (FOREXCOM:CADJPY)  
olly48  
FOREXCOM:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators CADJPY cadjpylong cadjpytrade cadjpybuy cadjpysetup cadjpyidea CAD jpy cadjpyanalysis
4
0
trendanalysis chartpattern indicator cadjpy cadjpylong cadjpytrade cadjpybuy cadjpysetup cadjpyidea cad jpy cadjpyanalysis
This is breaking above a resistance level. Safest entry is to wait for a retrace that tests this level as a support then long to the target of the next high. Although it is still very bullish on MACD on 4HR and daily so this could easily continue to rise from here.

TP - 84.571
SL - 81.667
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.