CAD/JPY Is About To Launch Its Rocket 🚀🚀🚀

💡 Trade Idea


📈 CAD/JPY Buy Limit Order @ 90.16


🎯 Target Profit 90.76


🛑 Stop Loss 89.96


❌ Do not risk more than 1% of your account on each trade


🙂 Good Luck!


Description:

The pair is trading inside a bullish flag formation where the pair is heading toward the area of confluence which is made by a strong support, the 38.20% Fibonacci retracement, and the lower end of the flag. This could lead to a rally toward the target profit.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
Bullish FlagCADJPYcadjpybuycadjpylongForexPivot PointspriceactionSupply and DemandSupport and ResistanceTechnical Analysis

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