CADJPY Wedge Consolidation
Simple wedge consolidation setup at support.
1. A potential support level was initiated.
2. Level was tested and confirmed as valid support. No entry due to bad RR.
3. As price retested support and seemed to have made a potential daily low (based on lower time frames), entry was executed.
For the moment, my target is wedge resistance.
1. A potential support level was initiated.
2. Level was tested and confirmed as valid support. No entry due to bad RR.
3. As price retested support and seemed to have made a potential daily low (based on lower time frames), entry was executed.
For the moment, my target is wedge resistance.
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