CADJPY long
2019-11-06 02:26:50
CADJPY long
reasons for long:
PA broke straight trough strong resistance level making my sell hit SL
previous resistance will now be support, therefore taking the buy from the key level
also the key level nicely aligns with the 4 hour 50 and 20 ema.
TP is just below previous high
SL just below the 68.1%fib
Risks of trade:
pa might continiue upwards, which will make the trade invalid.