CADJPY LONG BREAK AND RETEST TRADE SETUP Long

CANADIAN DOLLAR / JAPANESE YENICE

Description

⋅ 29 mars 2017 14:34

CADJPY had a nice triangle break out from the 1 hr chart, now formed a higher lower rejecting
short term support. Good to go LONG, potential target to daily 0.382 fibs retracement and 50 EMA.

Target 1: 83.35 (1.5% Profit)
Target 2: 84.00 (3.67% Profit)
Target 3: 84.75 (6.17% Profit)

Thank you for your support and feedback.

Trade: #41
Date: 03/29/2017
Time: 14:00 GMT

Transaction en cours

⋅ 29 mars 2017 14:34

Trade fermée: cible de profit atteinte

⋅ 29 mars 2017 23:23

TP 1 hit, 1% profit.

Trade fermée: cible de profit atteinte

⋅ 31 mars 2017 05:31

TP 2 hit, 3.67% profit.

Date: 03/31/2017
Time: 03:00 GMT

Commentaires

Yakir

⋅ 31 mars 2017 06:06

Excellent - double enjoy

KayG

⋅ 29 mars 2017 20:01

Great work pity i missed it

jojofang0901

⋅ 29 mars 2017 20:06

@KayG, There is also second entries when the price pullback for another higher low. Just make sure you keep a close eye on the price. :)

Yakir

⋅ 29 mars 2017 20:39

@jojofang0901, may be put the buy limit from 83.160 ?

jojofang0901

⋅ 29 mars 2017 20:41

@Yakir, Personally I would wait til price breaks above 50 EMA on 4 hr chart and a pullback for a higher low to enter. Up to you of course :)

Yakir

⋅ 29 mars 2017 20:51

@jojofang0901, thanks

Yakir

⋅ 29 mars 2017 18:34

good jod
first take hitted

jojofang0901

⋅ 29 mars 2017 20:05

@Yakir, thank you, definitely have momentum to the upside.

KlejdiCuni

⋅ 29 mars 2017 15:03

That is really good trade setup.I Long too from yesterday.Good Luck

jojofang0901

⋅ 29 mars 2017 15:04

@KlejdiCuni, nice good to hear that.

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