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CADJPY buy trade idea 23 09 2021

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#OPINIONLEADER# #Signal#

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

CADJPY buy trade idea 23 09 2021

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