Canadian Dollar / Japanese Yen

CAD JPY Opportunity

Updated

Market has formed a nice ascending triangle on strong resistance level..
we can take trade based on breaking of this triangle
porbability of going short is 70%
porbability of breaking above is 30%
we will take trade with confirmations on 1h
Use money management

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snapshot

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wait for breakout on either side and closing of candle

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breaking down

snapshot

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Trade closed: target reached

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Target 2 hit
+43 pips profit

snapshot

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Dont forget to like & Share

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2nd target hit .. market reached support level,, so we can close the 2nd position now

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