Aqua_Trader
Long

CAD/JPY - ONE MORE LEG UP

FX:CADJPY   Canadian Dollar / Japanese Yen
Pair is giving a nice consolidation, potentially setting up for the next move up which I expect to either take off from the 38.2 or the 61.8

My personal details:
Entry: At Market, Stop: 82.32, Target: 83.85

For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
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