CADJPY buy trade idea 23 09 2021
BUY CADJPY 86.26
SL: 85.96
TP1: 86.46
TP2: 86.66
TP3: 86.86
Signal Analysis by LCMS Traders
Currency Pair: CADJPY
BUY CADJPY 86.26
Timeframe: H1
Step 1 - Previous News: CAD: -, JPY: Bank Holiday today
Step 2 - Trend: Across to Up, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: CAD: Retail sales 2030hrs, JPY: National Core CPI tomorrow 0730hrs, Flash Manufacturing PMI tomorrow 0830hrs
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