CADJPY lowrisk/high reward opportunity !!!
Hi guys, i think that now is the best moment for this trade :)
My way of executing this trade is the following way: I have bought 1/2 of my desired lots at 88,85 and i wait for a green bar on a 4h frame to buy the second 1/2.
My Stop loss order is either a close under 88,55 or the current price under 88,42.
My Target is 89.95 with the first 1/2 of my position (because of the weekly ATR level) and at 90.95 with the second 1/2 because of the weekly resistance level i.imgur.com/IDXtpyk.png
My way of executing this trade is the following way: I have bought 1/2 of my desired lots at 88,85 and i wait for a green bar on a 4h frame to buy the second 1/2.
My Stop loss order is either a close under 88,55 or the current price under 88,42.
My Target is 89.95 with the first 1/2 of my position (because of the weekly ATR level) and at 90.95 with the second 1/2 because of the weekly resistance level i.imgur.com/IDXtpyk.png
Trade closed: stop reached