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Official_VIFX
Feb 23, 2021 10:26 AM

CAD/JPY - 23/02/2021 Long

Canadian Dollar/Japanese YenFXCM

Description

Good morning traders, hope you are all having a fantastic morning. Just recently entered my first position for the day.

(H1) - Mini structure break and retest in between the current high and low. Should see continued bullish momentum as we have just recently come off a strong double bottom.

(M30) - Nice strong rejection coming into the key level followed by a bullish momentum with a wick rejection too. As soon as the candle opened price began to fall so I set a buy stop to catch the momentum coming back up.

Currently sat around breakeven/ slight loss will see if price continues to hold this level.
Comments
NasBaz
terrible rr
Official_VIFX
@NasBaz, It was a 1:3! I only draw a 1:1 because until price gets me to breakeven I don't care about the 1:3.
NasBaz
WicktatorFX
Looking promising so far!
Official_VIFX
@Wicktator, Unfortunately, momentum failed to hold but still up for the week.
SundialSignals
Lovely trade
Official_VIFX
@SundialSignals, Thank you!
AlkalineFX
Crazy wicks man!
Official_VIFX
@AlkalineFX, Love to see those wick rejections!
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