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Thursday, August 20, 2020

CADJPY: BUY/HOLD TP +400 pips IHS / Swing setup (SL/TP)(UPDATE)

CADJPY: BUY/HOLD TP +400 pips IHS / Swing setup (SL/TP)(UPDATE)


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CADJPY: BUY/HOLD TP +400 pips IHS / Swing setup (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

DISCLAIMER: high volatility / high risk setup/
using wide stop loss, but great risk/reward
please use lower leverage / lower position size.
Do your own DUE DILL before taking any trades.

๐Ÿ”ธ Summary and potential trade setup
::: CADJPY 4days/candle chart review/outlook
::: still on track to hit 84.50/60
::: great swing trade setup
::: for position traders BUY/HOLD IT
::: speculative bullish setup in progress
::: re-test of neckline at 84.50 high prob
::: BUY/HOLD setup for patient traders
::: so mind your swap rates and scale orders
::: TP bulls is +400 pips from market price now
::: this trade setup may take 3-6 weeks to hit TP
::: Patient trader only / don't expect fast
::: miracle/overnight gains
::: Good luck traders
๐Ÿ”ธ Supply/Demand Zones
::: N/A
::: N/A
๐Ÿ”ธ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BULLS

from Trading Ideas
via gqrds

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