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22.09.202111:53 Forex Analysis & Reviews: Trading idea for CAD/JPY

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CAD / JPY has been declining since April, losing about 6,500 pips in price. Now, it is near record lows - at the technical mirror level of 84.6.

This opens the opportunity to place stop orders below 84.6.

The volume, as before, should be 0.01 STANDARD lot for every $ 1000 of the deposit, while the scale is 500 pips. It should produce up to 5,000 pips movement.

This analysis is based on "Grid Trading".

Good luck and have a nice day!

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