CADJPY Trendline Support Bounce, 2.5X Risk to Reward

Hey guys! Hope everyone is doing good! Just want to let you guys into a great long I have been monitoring for a while! CADJPY has just rebounded and closed above support level 82.920, creating a good long of 2.5x RR. You could go for the opposite trendline resistance to take your profit, increasing the RR even more.

But of course, being the conservative trader, I love to get my RR and get out of the market. Hope this makes you some pips!

Trade attivo:

Just entered at 82.941 about 1-2 hours ago! Hope for the best!

Trade chiuso manualmente:

Argh, Exited with a profit of 15 pips, got out before it went down any further.
Of course, I needed to learn to cut any losses. Oh well, on to the next trade then!