A quick Long trade execution in the CADJPY following the waves of success methodology.
A potential downtrend failed to materialise in the CADJPY, the price then broke higher, we waited for a discount in price/ a retracement.
Then we took the long trade.
Enjoy!
EDUCATION.
CURRENCY PAIR: EURJPY
TREND: UP-TREND
PHASE: SECONDARY TREND/CORRECTIVE PHASE
HIGH PROBABILITY TRADE: BUY WITH BUYERS
NOTE:Truths about trading the Market
-Traders will do the same thing over and over again.
-In trading, no one to blame and no one to question what price did.
-Price can break any low/High because anything can happen.
If you fully allign...
