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RaynLim

The Art of Trading

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
RaynLim  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Lines Candlestick Analysis Support and Resistance askforex100 CADJPY trendcontinuation upsizetrade Bearish Crab crabpatterns
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trendline candlestick supportandresistance askforex100 cadjpy trendcontinuation upsizetrade bearishcrab crabpatterns
On the right, the Bearish Crab Pattern on the daily chart is going to form at 105.29. Like you, I did have the impulse to buy it up and short it down, but that couldn't be the way. At the minimum, the strategy has to be tested.

If you have that thought, you could wait for buying opportunity on the lower timeframe.

I'm waiting for the retest of the trendline on the 1-hourly chart to long.
We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

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