Analysis for CADJPY.
If current market price does not break above 80.527 on a 4 hour timeframe and close candle above the level, we will try to make our long entry targeting level 81.411.
However, if price fails to break above 80.527 we will try to make our long entry from level 79.807 and again target the same level of 81.411 and maybe take half position off at 80.527.
If current market price does not break above 80.527 on a 4 hour timeframe and close candle above the level, we will try to make our long entry targeting level 81.411.
However, if price fails to break above 80.527 we will try to make our long entry from level 79.807 and again target the same level of 81.411 and maybe take half position off at 80.527.