InvstingWise

CADJPY Bullish Butterfly

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
Bullish Butterfly pattern in the making could provide a nice entry close to 86 level. Please confirm your entry with potential trendline breakout or RSI divergence. You should never jump blindly to a trade.

1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence and your perception on how Markets work.
4) You do not have to be extremely precise to be highly profitable as long as you take the set-ups with big R/R.

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