DelorenFX
Long

Just a nip on the Cad 1hr chart

FX:CADJPY   Canadian Dollar/Japanese Yen
27 5 5
Just a possible small rally to take hold of. I don't expect it to break 85.200.

Or wait for the short after that with a better RW             . Depending on how your trade. it may not be a large move.
By adjusting my strategy I'm looking at 1 to 3 reward. And I never risk 1% :)

Only learning here so have fun and make pips. lets see how it goes
Maybe called it bullish too early :) Never jump in with out confirmation.
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BLUE43 TOP DelorenFX
CADJPY POT AREA FOR BOUNCE LOOK FOR A DIV BEFORE ENTER
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Yes always wait for confirmation next candle should be bullish. We will see. We want more than 1 signal

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wait the break up ?
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Some say go down to 15min to view this 1hr trade and for better entry. This is good. Some say that is a double bottom breach , some say that is left shoulder and head formation and bounce off resistance And Right shoulder developing ? Some say 5 EW completed and awaiting next impulse. We all see what we want to see. But wait for confirmation of what you see :)
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