JAPANESE YEN / CANADIAN DOLLAR
Long
Updated

JPYCAD needs a little push

110
Downtrend seems to have lost steam looking at the multi timeframe divergence. Daily Kijun acting as a magnet here.
Stop buy @ horizontal level & TP @ target 1 (12000) and 2 (12050).
Note
Trade not triggered yet, still valid.
Trade active
And we're in the trade.
Note
First take profit target hit
Trade closed: target reached
Looks a little weak here, closing on a nice profit.
Note
2nd target hit too, for the ones that didn't TP fully.

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.