Hai Traders,
After the Breakout, The CADJPY make a retracement, which is a good time to look for buy trades.
the price is also almost arrive in Support zone which is also with the same area with the fib 0.618 retracement.
This is a good sign that the support line going to be good.
I'm going to prepare order to catch with this breakout trade to the upside as shown
No breakout no Trade for me. This is my strategy that i comfortable with
Please feel free to use your own entry and exit strategy.
Good Luck and Trade Wisely
After the Breakout, The CADJPY make a retracement, which is a good time to look for buy trades.
the price is also almost arrive in Support zone which is also with the same area with the fib 0.618 retracement.
This is a good sign that the support line going to be good.
I'm going to prepare order to catch with this breakout trade to the upside as shown
No breakout no Trade for me. This is my strategy that i comfortable with
Please feel free to use your own entry and exit strategy.
Good Luck and Trade Wisely