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OGFXTRADER
Jul 24, 2020 12:29 PM

CADJPY H1 LONG PRICE ACTION FORECAST Long

Canadian Dollar/Japanese YenFXCM

Description

After the price reaching the ascending trendline, it got a rejection from the level, and it is currently struggling with a resistance zone. Now, expecting that price get enough momentum to break it on the uptrend bias, a buy order is placed with the following features.

The order:
Type: buy-stop
S/L: 30 pips - R:R | 1:2 -
T/P: aiming towards a confluence level previous swing high and ascending trendline


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Comments
Dave-FX-Hunter
nice done, keep going and check at my work
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