CADJPY Long Direction: - The pair was in Bullish OrderFlow. - It was in a Bullish Cycle and created a pattern within the H4 OB.
Entry: - W (Double Bottom) Pattern Formation on the H1. - RSI crossed volatility bands (Shark-fin), indicating rise in the pair. - Divergence occurred, indicating probable rise. - MBL (Market Base Line) curved upwards which confirmed uptrend in pair. - RSI was at the 32, confirming the pair was oversold. - Entry 1 was at RSI, Signal Line Cross. - Entry 2 was at LSB Retest.
Exit: - 18 & 25 pip SL @ just below H4 OB (Order Block) - 30 pip TP 1 @ 13 EMA Cross - 28 pip TP 2 @ just below YH