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Canadian Dollar / Japanese Yen

cadjpy idea

By remoremoremo0031
Updated
- currently on track to go above the highs of the channel. also on the area of the double bottom

- after the break wait for a continuation channel to form on the 15m

- observe the 15m for a potential entry.
Comment
- may 11 2022
Comment
- the channel evolved, but the bias is still the same. The plan is also the same as before so keep observing.

- may 11 2022
Comment
- the channel was broken on the 1hr

- time to observe the 15m time frame for a possible entry on buy.
Trade active
- a 15m channel is created that is going to the upside

- buy stop is places and it is also enter at the moment

- don't forget to place stop loss
Trade closed: stop reached
first entry ended with a loss but the bias for this pair is still the same

- monitor the 15 for a potential entry
Chart Patterns
remoremoremo0031

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