CADJPY is moving nicely inside uptrend channel (see images bellow). It was rejected at 200 EMA (red curve) and it is possible that it will come back to lower channel boundary, where I'll have two entries waiting to get filled in with stop loss bellow previous low and outside the channel. If all will go by plan, targets are marked on chart - last highs, 0.382 and 0.618 Fib levels of the whole last drop.
Bigger picture:
And a little bit smaller one:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Bigger picture:
And a little bit smaller one:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
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