CADJPY - Good Long Trade

OANDA:CADJPY   Canadian Dollar / Japanese Yen
Please refer to text on chart.

Nice long entry with a defined risk point. Should price move in our favor then a 1:5 Risk:Reward ratio is possible.

** Remember, we do not attempt to predict future price movements. We react to current price based on our interpretations of past data.
Comment: Price chopping too much. Getting out for a small loss.