CADJPY LONG SET UP?

This looks like a continuation of the long trade up to the channel top. My weekly forecast for this pair is bullish so any long trade now could turn out very nice indeed.

There is a possibility that the current correction isn't finished but given the up side to this pair I will take the risk. If price comes down and takes out my stop loss I'll start looking for the next long entry.

All forecasts will be updated as they develop - remember to follow to receive them.

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve

Commentaire:

If you're not long on this yet - wait for the next pullback and long set up