CADJPY - Buy/Long - Ascending Triangle. Price has been knocking on the 106.200 zone for a while now and we might just see it break-through to the upside. Price has been making a series of higher lows to this point, indication strong momentum.
Always Use good risk management, only risk 1% or less on any given trade. When a certain % or pips in profit move stop loss to breakeven. Also consider taking partials along the way or trailing profit in case of a reversal or if price surpasses our target level.
Always Use good risk management, only risk 1% or less on any given trade. When a certain % or pips in profit move stop loss to breakeven. Also consider taking partials along the way or trailing profit in case of a reversal or if price surpasses our target level.
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