๐Ÿ’ก Trade Idea


๐Ÿ“ˆ CAD/JPY Buy Limit Order @ 90.16


๐ŸŽฏ Target Profit 90.76


๐Ÿ›‘ Stop Loss 89.96


โŒ Do not risk more than 1% of your account on each trade


๐Ÿ™‚ 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 โ€œcollegeofpipsโ€ 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. โš ๏ธ
Bullish FlagCADJPYcadjpybuycadjpylongForexPivot PointspriceactionSupply and DemandSupport and ResistanceTechnical Analysis

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