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33788
Mar 20, 2018 11:36 AM

CADJPY : BUY Long

CAD/JPYOANDA

Description

TRADE PARAMETERS
Pick Date : 03/20/18
Entry : 81.13
Stop : 80.93
Target : 92.50

TRADE STRATEGY
Income Type : Swing

ENTRY
81.13 is a newly formed 4H demand zone . Will be doing a set and forget limit order. Price will need to have a strong move into the zone.

STOP
80.93 is 20 PIPs right outside of the low for some protection

TARGET
92.50 is the next monthly supply zone .
Zone is fresh and will be hard to break the first test.

Trade active

Price came screaming down. Trade was opened at 81.00. Took a little drawdown but it's recovering. I'll monitor it

Trade active

Nice impulse up, trade is healthy

Trade active

This idea is healthy. Currently up over 200+ pips with this. Will keep managing, looking to get over 1000+ pips if price breaks this weekly supply zone coming up
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