CADJPY Position (BUY)
2019-11-01 10:36:43
CADJPY is showing a retracement after breaking the downtrend at a 38.2 at the 82.000 weekly key level.
We see that there is a weekly downtrend line that the market is looking to move towards.
I would like a bigger retracement of this to hit the 78.6 or 61.8, but it could shoot up at the 38.2, so i will wait for good price action and other confirmations to take my entry.
Happy trading