Possible CAD/JPY Long Position!!

SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 1 Day
Actions on -
A – Activating Event
Market consolidating above the 200 mva and has reached a condition of being oversold.If we see a break above the 83.00, a long position may be an option :)
B – Beliefs
Market move towards the first Target 1 level @ 83.900



CADJPY

Trade Management
Entered @ Sign up for mentoring
Stop Loss @ Sign up for mentoring
Target 1 @ 83.900
Target 2 @ 0.

Risk/Reward @ 3.1

Happy trading :)


Follow your Trading plan, remain disciplined and keep learning !!

Join our Tier 1 Mentoring Program TODAY!! twitter.com/smptrading

Please Follow, Like,Comment & Follow


This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
anaylsisCADJPYcadjpylongChart PatternscurrencyfollowingTechnical IndicatorsmentormentoringtradingtradingviewTrend Analysis

Follow your Trading plan, Remain disciplined and keep learning !!

Please Follow, Like,Comment & Follow
Thank you for your support :)

This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
También en:

Exención de responsabilidad