CADJPY - the daily setup
uiuiui...what for a structure in the pair cadjpy. the pair is for price where it change the trend or the trend follow again. in the chart you see a big red trendline from the weekly chart. in the weekly chart is the pair in a downtrend, but we've got the first sign that the trend changing. but!!!
important is a zone between 84.440 and 84.887. is the price above this zone so is it possible that price growing up to 95, 105 and more.
the problem is, that the price need a touchdown to 65 to clean the chart. after that can the price grwoing up to the sky. thats is the best variant.
the best way is to wait for a call or make a short-call with small sl between 84.341and 84.440.
last but not least.
is the price at 64 try to invest in a big call. sl
important is a zone between 84.440 and 84.887. is the price above this zone so is it possible that price growing up to 95, 105 and more.
the problem is, that the price need a touchdown to 65 to clean the chart. after that can the price grwoing up to the sky. thats is the best variant.
the best way is to wait for a call or make a short-call with small sl between 84.341and 84.440.
last but not least.
is the price at 64 try to invest in a big call. sl
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