The CAD has been continuously strong the past few weeks and the JPY has been continuously weak, so we was looking for an opportunity to capitalise on this. because of the fundamental difference we was looking for a long trade with a tight stop loss as we haven't been seeing much exhaustion on this currency and yesterday morning at the London open we saw our opportunity, we saw a full and complete exhaustion to previous area of resistance which is now support, double confirmation on the 15 m timeframe and a bullish engulfing candle on the 1h timeframe. after only a few hours of being in the trade we was able to move our stop loss to entry to give us now a risk free trade that we will manage all the wat to our monthly zone, giving us a risk to reward of 1-8
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.