CAD/JPY we reached bottom levels , great time to collect value!

4月22日

Hi guys we are going to take a look at the CAD/JPY Pair!

Technical analisys -

Currently the pair has reached a bottom level around the 101 zone whichwe can see big support from buyers, additionally the MACD is finishing a down turn momentum formulating a cross over towards an Ascending Channel , the RSI is sitting at neutral / oversold areas on 2H and 4H timeframes

Fundamentals - We are still looking into the monetary policy overlooeked from BoJ and additionally the expected economical data from Canada in the eyes of strong Retail Sales.

📌 Trade Plan
📈 Entry: 101.400
✅ Target 1 : 102.200
✅ Target 2 : 103.100
❌ SL: 100.500

R/R is 1:3

4月22日

交易开始

1st target has been reached quite quickly! We are looking for reaching our 2nd destination!

4月23日

交易结束：到达目标

Trade has reached target! Congratulations to everyone who participated. We collected 170 pips with this great trade.