CADJPY Small Uptrend

2019-11-28 14:17:51

Enter trade:
Round nr. 82.000
Channel projection
AB=CD
FIB. retrace 61.8
EMA 50 and 100 support
Equal distances on the trendline

Take profit:
Round nr. 85.000 (strong psychological resistance)
Blue counter trendline acts as resistance
Channel trendline acts as resistance

Not financial advice, just a fellow trader sharing his thoughts.