The previous candles showed us where to go ! ( Always Follow the Money )
2 Scenarios 2 colors.
1 - wait for the 50 % retracement (or very close)
2 - Sell! and have funnn
Ask your question, there is no bad questions.
**Never forget your helmet when you take the right candle**
**Enjoy trading ! it's thrilling"
**SL should NOT and almost NEVER be beyond 10 pips! JUST Wait for the right moment to get in !***
**I am trying to be as much precise that I can. **
**Use TradingView as a confirmation tool for your own strategy**
**Please study hard before placing your money on Forex**
There is a double influence on this pair that's why it never completes it's retracement. The thing is that CAD is loosing a lot of it's value, and JPY is miraculously gaining a lot! but the Trend is still down. getting back you with better trades.
**give this one some time if you are not in already**