💡Don't miss the great sell opportunity in CADJPY

May 9, 2022

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (100.94).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 32.

Take Profits:
TP1= @ 99.95
TP2= @ 98.98
TP3= @ 98.23
TP4= @ 97.04
TP5= @ 95.69

SL: Break Above R2

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Jun 7, 2022

Trade closed: target reached

222.7 pips profit...
Total Profit: 222.7
Closed trade(s): 222.7 Profit



Update Details:

Closed Profit:
TP1 @ 99.95 touched at 05.18.2022 with 62.7 Profit.
TP2 @ 98.98 touched at 05.24.2022 with 160 Profit.

62.7 + 160 = 222.7