CADJPY - Long Bias after fakeout UPDATE
Updated
Hi traders
I have posted the initial idea yesterday but it took a little longer then I anticipated for the break. Anyway, it is here now. I have placed the order as discussed yesterday. Nice 1:2 - stop loss goes to entry as soon as we hit 1R profit.
Let me think in the comments below what you think!
I have posted the initial idea yesterday but it took a little longer then I anticipated for the break. Anyway, it is here now. I have placed the order as discussed yesterday. Nice 1:2 - stop loss goes to entry as soon as we hit 1R profit.
Let me think in the comments below what you think!
Trade closed: target reached
Unfortunately I didn't get an entry before the pair reached my target. Running into some heavy weekly and monthly resistance. Stepping back before reconsidering.
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