CADJPY Target Price 77.471

2020-03-09 00:04:44

CADJPY Retest Diagonal Trend At Price Level 79.421.

Two-Step Process To Achieve Consistent Profits In The Currency Market.

SELL
1) Wait For Price To Close Below A Level
2) Wait For Price To Retest The Level

BUY
1) Wait For Price To Close Above A Level
2) Wait For Price To Retest The Level

Monthly Chart, Weekly Chart, and Daily Chart are utilized consistently in marking horizontal support resistance levels, diagonal level, and Fibonacci horizontal levels. Parallel channel, rising/falling wedge, and pennant are used for diagonal level. Exponential Moving Average 10-Day Period and Exponential Moving Average 20-Day Period are used for mean reversion and overextended markets and market timing.