Hi Traders, I am entering a LONG Position on CADJPY
. My reason for doing this is because the pair is currently resistance the weekly support zone
at 82.300. Also there is a pin bar
rejection candle on the 4 hour chart which is my signal to go in. I am going for a 1:3 Risk Reward with a profit target of 170 pips with a risk of 50. Thank you for reading and happy trading.