Canadian Dollar / Japanese Yen
Long
Updated

CADJPY Idea

64
The pair finally hit the trendline and respected it for a few hours. Then it showed buying power and about 3/4 hours later, it fell again, but always closing above the trendline (1 hour candles).
To confirm the entry, we have a doji, followed by an engolfing candle and a failed attempt to bring the pair down. Entry just after the failed attempt candle closes.

R/W - 1/3.6
Note
SL at entry for a no risk trade
Trade closed: stop reached
Trade active
re-enter know! R/W - 1/8.12
Note
SL- 79.585
TP - 80.325
Note
Comment: It's going up! SL was so close to be activated, but it wasn't :p
Trade closed: stop reached
SL at entrypoint

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