See daily chart of CADJPY below for the discussion that follows.
CADJPY is making higher highs and higher lows which suggests more upside. I’m looking for a retest of support (previous resistance) to go long…that is if I get bullish price action / candles (at mentioned support) as per my strategy.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.