Trade Setup: CAD/JPY – 23 Sep 2016

Trade Setup: CAD/JPY – 23 Sep 2016

Candle Stick Pattern: Bullish Engulfing at (1)
Confirmation:

Touched outer band of Bollinger Band at (1).
Stochastic overbought range at (2).
Retesting previour support levels.

Signal: BUY
Entry Point: 77.20
SL: 76.11 (109 pips)
TP: 79.89 (269 pips)
 

#BullishEngulfing, #CADJPY, #CandleStickPattern, #Stochastic, #SupportResistance
#TradeSetups

Advertisements